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  "f0__s6__6__17": {
   "value": "<span style=\"display:inherit;clear:left;\">1.<span class=\"_\"> </span><span class=\"ws0\">Rep<span class=\"_ _2\"></span>ortin<span class=\"ws6\">g </span>entity</span></span><span style=\"display:inherit;clear:left;\">Skagi hf<span class=\"_ _0\"></span>., the Parent Compan<span class=\"ls1\">y</span>, herein<span class=\"_ _2\"></span>after referred<span class=\"_ _2\"></span> to <span class=\"_ _0\"></span>as \"t<span class=\"_ _2\"></span>he Company\" o<span class=\"_ _2\"></span>r \"Skagi<span class=\"ls2\">\u201c</span>, i<span class=\"_ _2\"></span>s a limited liabi<span class=\"_ _2\"></span>lity co<span class=\"_ _2\"></span>mpany and </span><span style=\"display:inherit;clear:left;\">operates<span class=\"ls3 ws7\"> </span>on<span class=\"ls3 ws8\"> </span>the<span class=\"ls3 ws7\"> </span>basis<span class=\"ls3 ws8\"> </span>of<span class=\"ls3 ws8\"> </span>Ac<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>No.<span class=\"ls3 ws8\"> </span>100/2016 <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>Insurance<span class=\"ls3 ws8\"> </span>Ac<span class=\"_ _2\"></span>tivit<span class=\"_ _2\"></span>ies,<span class=\"ls3 ws8\"> </span>Act<span class=\"ls3 ws9\"> </span>No<span class=\"_ _0\"></span>.<span class=\"ls3 ws9\"> </span>2/1995<span class=\"ls4 wsa\"> </span>o<span class=\"_ _2\"></span>n<span class=\"ls3 ws8\"> </span>Limited<span class=\"ls3 ws9\"> </span>Liab<span class=\"_ _2\"></span>ility <span class=\"_ _13\"></span>Compa<span class=\"_ _2\"></span>nies </span><span style=\"display:inherit;clear:left;\">and Ac<span class=\"_ _2\"></span>t No. 161/2002 on Fin<span class=\"_ _2\"></span>ancial Un<span class=\"_ _2\"></span>dertaki<span class=\"_ _2\"></span>ngs. The Company<span class=\"_ _2\"></span>'s headquarters<span class=\"_ _2\"></span> are at \u00c1rm<span class=\"_ _2\"></span>\u00fali 3, Rey<span class=\"_ _2\"></span>kjav\u00edk<span class=\"_ _2\"></span>.   </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>cons<span class=\"_ _2\"></span>olidated fin<span class=\"_ _2\"></span>ancial <span class=\"_ _2\"></span>statemen<span class=\"wsb\">ts </span>of <span class=\"_ _2\"></span>the C<span class=\"_ _2\"></span>ompany for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>peri<span class=\"_ _2\"></span>od <span class=\"wsc\">1 </span>J<span class=\"_ _2\"></span>anuary <span class=\"_ _2\"></span>to 31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"wsc\">5 </span>consist <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">financ<span class=\"_ _2\"></span>ial <span class=\"_ _1\"></span>statemen<span class=\"_ _2\"></span><span class=\"wsd\">ts </span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>Co<span class=\"_ _2\"></span>mpany <span class=\"_ _1\"></span>and its <span class=\"_ _1\"></span>subsid<span class=\"_ _2\"></span>iaries. Subsidiaries include V\u00cdS <span class=\"_ _1\"></span>tr<span class=\"_ _2\"></span>yggingar hf<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>L\u00edftr<span class=\"_ _2\"></span>yggingaf\u00e9lag </span><span style=\"display:inherit;clear:left;\">\u00cdsland<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>hf. <span class=\"_ _2\"></span>(\u201cL\u00edf\u00ed<span class=\"_ _2\"></span>s\u201d) <span class=\"_ _2\"></span>(toget<span class=\"_ _2\"></span>her <span class=\"_ _13\"></span>referred <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>as \u201cV\u00cd<span class=\"_ _2\"></span>S\u201d), <span class=\"_ _13\"></span>F<span class=\"_ _0\"></span>ossar <span class=\"_ _13\"></span>fj\u00e1rfestingarbanki <span class=\"_ _13\"></span>hf<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>(<span class=\"_ _2\"></span>\u201cFos<span class=\"_ _0\"></span>sar\u201d <span class=\"_ _2\"></span>or \u201cthe <span class=\"_ _13\"></span>bank\u201d<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>\u00cdslen<span class=\"_ _2\"></span>sk </span><span style=\"display:inherit;clear:left;\">ver\u00f0br\u00e9f <span class=\"_\"> </span>hf<span class=\"_ _1\"></span>. <span class=\"_\"> </span>(\u201c\u00cdV\u201d)<span class=\"_ _2\"></span>, <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ollecti<span class=\"_ _2\"></span>v<span class=\"_ _0\"></span>ely <span class=\"_\"> </span>with <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>C<span class=\"_ _0\"></span>ompany <span class=\"_ _16\"> </span>referred <span class=\"_\"> </span>to <span class=\"_ _16\"> </span><span class=\"wse\">as </span>\"the <span class=\"_\"> </span>Gro<span class=\"_ _0\"></span>up<span class=\"ls5\">\"</span>. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>Group<span class=\"ls6\">\u2019</span>s <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>pera<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span>s <span class=\"_ _16\"> </span>consist <span class=\"_\"> </span>of </span><span style=\"display:inherit;clear:left;\">insurance <span class=\"ws10\">activities, <span class=\"ws11\">investment <span class=\"ws12\">banking, <span class=\"ws13\">asset <span class=\"ws14\">and <span class=\"ws15\">fund <span class=\"_ _2\"></span><span class=\"ws16\">management. </span>The <span class=\"ws17\">Icelandic <span class=\"ws16\">Financial <span class=\"ws0\">Supervisory </span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Authority <span class=\"ws19\">supervises <span class=\"ws1a\">the <span class=\"ws1b\">Group's <span class=\"ws1c\">operations <span class=\"ws1d\">based <span class=\"ws1e\">on <span class=\"ws1f\">Act <span class=\"_ _2\"></span></span></span></span></span></span>No. <span class=\"ws20\">87/1998 <span class=\"ws1e\">on <span class=\"ws0\">O<span class=\"ff18\">ff</span><span class=\"ws21\">icial <span class=\"ws22\">Supervision </span></span></span>of <span class=\"ws0\">Financial </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Activities.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__6": {
   "value": "<span style=\"display:inherit;clear:left;\">1.<span class=\"_\"> </span><span class=\"ws0\">Rep<span class=\"_ _2\"></span>ortin<span class=\"ws6\">g </span>entity</span></span><span style=\"display:inherit;clear:left;\">Skagi hf<span class=\"_ _0\"></span>., the Parent Compan<span class=\"ls1\">y</span>, herein<span class=\"_ _2\"></span>after referred<span class=\"_ _2\"></span> to <span class=\"_ _0\"></span>as \"t<span class=\"_ _2\"></span>he Company\" o<span class=\"_ _2\"></span>r \"Skagi<span class=\"ls2\">\u201c</span>, i<span class=\"_ _2\"></span>s a limited liabi<span class=\"_ _2\"></span>lity co<span class=\"_ _2\"></span>mpany and </span><span style=\"display:inherit;clear:left;\">operates<span class=\"ls3 ws7\"> </span>on<span class=\"ls3 ws8\"> </span>the<span class=\"ls3 ws7\"> </span>basis<span class=\"ls3 ws8\"> </span>of<span class=\"ls3 ws8\"> </span>Ac<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>No.<span class=\"ls3 ws8\"> </span>100/2016 <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>Insurance<span class=\"ls3 ws8\"> </span>Ac<span class=\"_ _2\"></span>tivit<span class=\"_ _2\"></span>ies,<span class=\"ls3 ws8\"> </span>Act<span class=\"ls3 ws9\"> </span>No<span class=\"_ _0\"></span>.<span class=\"ls3 ws9\"> </span>2/1995<span class=\"ls4 wsa\"> </span>o<span class=\"_ _2\"></span>n<span class=\"ls3 ws8\"> </span>Limited<span class=\"ls3 ws9\"> </span>Liab<span class=\"_ _2\"></span>ility <span class=\"_ _13\"></span>Compa<span class=\"_ _2\"></span>nies </span><span style=\"display:inherit;clear:left;\">and Ac<span class=\"_ _2\"></span>t No. 161/2002 on Fin<span class=\"_ _2\"></span>ancial Un<span class=\"_ _2\"></span>dertaki<span class=\"_ _2\"></span>ngs. The Company<span class=\"_ _2\"></span>'s headquarters<span class=\"_ _2\"></span> are at \u00c1rm<span class=\"_ _2\"></span>\u00fali 3, Rey<span class=\"_ _2\"></span>kjav\u00edk<span class=\"_ _2\"></span>.   </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>cons<span class=\"_ _2\"></span>olidated fin<span class=\"_ _2\"></span>ancial <span class=\"_ _2\"></span>statemen<span class=\"wsb\">ts </span>of <span class=\"_ _2\"></span>the C<span class=\"_ _2\"></span>ompany for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>peri<span class=\"_ _2\"></span>od <span class=\"wsc\">1 </span>J<span class=\"_ _2\"></span>anuary <span class=\"_ _2\"></span>to 31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"wsc\">5 </span>consist <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">financ<span class=\"_ _2\"></span>ial <span class=\"_ _1\"></span>statemen<span class=\"_ _2\"></span><span class=\"wsd\">ts </span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>Co<span class=\"_ _2\"></span>mpany <span class=\"_ _1\"></span>and its <span class=\"_ _1\"></span>subsid<span class=\"_ _2\"></span>iaries. Subsidiaries include V\u00cdS <span class=\"_ _1\"></span>tr<span class=\"_ _2\"></span>yggingar hf<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>L\u00edftr<span class=\"_ _2\"></span>yggingaf\u00e9lag </span><span style=\"display:inherit;clear:left;\">\u00cdsland<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>hf. <span class=\"_ _2\"></span>(\u201cL\u00edf\u00ed<span class=\"_ _2\"></span>s\u201d) <span class=\"_ _2\"></span>(toget<span class=\"_ _2\"></span>her <span class=\"_ _13\"></span>referred <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>as \u201cV\u00cd<span class=\"_ _2\"></span>S\u201d), <span class=\"_ _13\"></span>F<span class=\"_ _0\"></span>ossar <span class=\"_ _13\"></span>fj\u00e1rfestingarbanki <span class=\"_ _13\"></span>hf<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>(<span class=\"_ _2\"></span>\u201cFos<span class=\"_ _0\"></span>sar\u201d <span class=\"_ _2\"></span>or \u201cthe <span class=\"_ _13\"></span>bank\u201d<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>\u00cdslen<span class=\"_ _2\"></span>sk </span><span style=\"display:inherit;clear:left;\">ver\u00f0br\u00e9f <span class=\"_\"> </span>hf<span class=\"_ _1\"></span>. <span class=\"_\"> </span>(\u201c\u00cdV\u201d)<span class=\"_ _2\"></span>, <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ollecti<span class=\"_ _2\"></span>v<span class=\"_ _0\"></span>ely <span class=\"_\"> </span>with <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>C<span class=\"_ _0\"></span>ompany <span class=\"_ _16\"> </span>referred <span class=\"_\"> </span>to <span class=\"_ _16\"> </span><span class=\"wse\">as </span>\"the <span class=\"_\"> </span>Gro<span class=\"_ _0\"></span>up<span class=\"ls5\">\"</span>. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>Group<span class=\"ls6\">\u2019</span>s <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>pera<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span>s <span class=\"_ _16\"> </span>consist <span class=\"_\"> </span>of </span><span style=\"display:inherit;clear:left;\">insurance <span class=\"ws10\">activities, <span class=\"ws11\">investment <span class=\"ws12\">banking, <span class=\"ws13\">asset <span class=\"ws14\">and <span class=\"ws15\">fund <span class=\"_ _2\"></span><span class=\"ws16\">management. </span>The <span class=\"ws17\">Icelandic <span class=\"ws16\">Financial <span class=\"ws0\">Supervisory </span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Authority <span class=\"ws19\">supervises <span class=\"ws1a\">the <span class=\"ws1b\">Group's <span class=\"ws1c\">operations <span class=\"ws1d\">based <span class=\"ws1e\">on <span class=\"ws1f\">Act <span class=\"_ _2\"></span></span></span></span></span></span>No. <span class=\"ws20\">87/1998 <span class=\"ws1e\">on <span class=\"ws0\">O<span class=\"ff18\">ff</span><span class=\"ws21\">icial <span class=\"ws22\">Supervision </span></span></span>of <span class=\"ws0\">Financial </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Activities.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__12": {
   "value": "Skagi",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__11": {
   "value": "Skagi",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__10": {
   "value": "Skagi",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__8": {
   "value": "limited liability company",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__7": {
   "value": "\u00c1rm\u00fali 3, Reykjav\u00edk",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__9": {
   "value": "Reykjav\u00edk",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__5": {
   "value": "Reykjav\u00edk",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__15-1": {
   "value": "<span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>cons<span class=\"_ _2\"></span>olidated fin<span class=\"_ _2\"></span>ancial <span class=\"_ _2\"></span>statemen<span class=\"wsb\">ts </span>of <span class=\"_ _2\"></span>the C<span class=\"_ _2\"></span>ompany for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>peri<span class=\"_ _2\"></span>od <span class=\"wsc\">1 </span>J<span class=\"_ _2\"></span>anuary <span class=\"_ _2\"></span>to 31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"wsc\">5 </span>consist <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">financ<span class=\"_ _2\"></span>ial <span class=\"_ _1\"></span>statemen<span class=\"_ _2\"></span><span class=\"wsd\">ts </span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>Co<span class=\"_ _2\"></span>mpany <span class=\"_ _1\"></span>and its <span class=\"_ _1\"></span>subsid<span class=\"_ _2\"></span>iaries. Subsidiaries include V\u00cdS <span class=\"_ _1\"></span>tr<span class=\"_ _2\"></span>yggingar hf<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>L\u00edftr<span class=\"_ _2\"></span>yggingaf\u00e9lag </span><span style=\"display:inherit;clear:left;\">\u00cdsland<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>hf. <span class=\"_ _2\"></span>(\u201cL\u00edf\u00ed<span class=\"_ _2\"></span>s\u201d) <span class=\"_ _2\"></span>(toget<span class=\"_ _2\"></span>her <span class=\"_ _13\"></span>referred <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>as \u201cV\u00cd<span class=\"_ _2\"></span>S\u201d), <span class=\"_ _13\"></span>F<span class=\"_ _0\"></span>ossar <span class=\"_ _13\"></span>fj\u00e1rfestingarbanki <span class=\"_ _13\"></span>hf<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>(<span class=\"_ _2\"></span>\u201cFos<span class=\"_ _0\"></span>sar\u201d <span class=\"_ _2\"></span>or \u201cthe <span class=\"_ _13\"></span>bank\u201d<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>\u00cdslen<span class=\"_ _2\"></span>sk </span><span style=\"display:inherit;clear:left;\">ver\u00f0br\u00e9f <span class=\"_\"> </span>hf<span class=\"_ _1\"></span>. <span class=\"_\"> </span>(\u201c\u00cdV\u201d)<span class=\"_ _2\"></span>, <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ollecti<span class=\"_ _2\"></span>v<span class=\"_ _0\"></span>ely <span class=\"_\"> </span>with <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>C<span class=\"_ _0\"></span>ompany <span class=\"_ _16\"> </span>referred <span class=\"_\"> </span>to <span class=\"_ _16\"> </span><span class=\"wse\">as </span>\"the <span class=\"_\"> </span>Gro<span class=\"_ _0\"></span>up<span class=\"ls5\">\"</span>. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>Group<span class=\"ls6\">\u2019</span>s <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>pera<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span>s <span class=\"_ _16\"> </span>consist <span class=\"_\"> </span>of </span><span style=\"display:inherit;clear:left;\">insurance <span class=\"ws10\">activities, <span class=\"ws11\">investment <span class=\"ws12\">banking, <span class=\"ws13\">asset <span class=\"ws14\">and <span class=\"ws15\">fund <span class=\"_ _2\"></span><span class=\"ws16\">management. </span>The <span class=\"ws17\">Icelandic <span class=\"ws16\">Financial <span class=\"ws0\">Supervisory </span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Authority <span class=\"ws19\">supervises <span class=\"ws1a\">the <span class=\"ws1b\">Group's <span class=\"ws1c\">operations <span class=\"ws1d\">based <span class=\"ws1e\">on <span class=\"ws1f\">Act <span class=\"_ _2\"></span></span></span></span></span></span>No. <span class=\"ws20\">87/1998 <span class=\"ws1e\">on <span class=\"ws0\">O<span class=\"ff18\">ff</span><span class=\"ws21\">icial <span class=\"ws22\">Supervision </span></span></span>of <span class=\"ws0\">Financial </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Activities.</span><span style=\"display:inherit;clear:left;\">39.1 The Gr<span class=\"_ _0\"></span>oup </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls12 ws7b\"> </span>Group's<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">annual</span> <span class=\"ls0 ws0\">finan<span class=\"_ _2\"></span>cial</span> <span class=\"ls0 ws0\">statements</span> <span class=\"ls0 ws0\">include</span> <span class=\"ls0 ws0\">t<span class=\"_ _2\"></span>he<span class=\"ls1e ws87\"> </span>annual<span class=\"ls1e ws87\"> </span>financial</span> <span class=\"ls0 ws0\">statements<span class=\"ls1f ws88\"> </span>of</span> <span class=\"ls0 ws0\">the<span class=\"ls1e ws87\"> </span>Par<span class=\"_ _0\"></span>ent<span class=\"ls12 ws7b\"> </span>Company<span class=\"ls12 ws7b\"> </span>an<span class=\"_ _2\"></span>d<span class=\"ls1e ws87\"> </span>its </span></span></span><span style=\"display:inherit;clear:left;\">subsidiaries. Subsidiaries <span class=\"_ _2\"></span>are entities controlled <span class=\"_ _2\"></span>by the Group. <span class=\"_ _2\"></span>The Group controls <span class=\"_ _2\"></span>an entity when it <span class=\"_ _2\"></span>is exposed to <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">has <span class=\"_ _2\"></span>rights <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>variable <span class=\"_ _2\"></span>returns <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>involvement <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>entity <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>has <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ability <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a<span class=\"ff61\">ff</span>ect <span class=\"_ _2\"></span>those <span class=\"_ _2\"></span>returns <span class=\"_ _13\"></span>through </span><span style=\"display:inherit;clear:left;\">its <span class=\"_\"> </span>control <span class=\"_ _17\"> </span>over <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>entity<span class=\"_ _1\"></span>. <span class=\"_ _17\"> </span>The <span class=\"_\"> </span>financial <span class=\"_ _17\"> </span>statements <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>subsidiaries <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>included <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>consolidated <span class=\"_ _17\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements from the date on which control commences until the date on which control ceases. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>financial <span class=\"_ _18\"> </span>results <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>su<span class=\"_ _2\"></span>bsidiaries <span class=\"_ _16\"> </span>acquired <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>sol<span class=\"_ _2\"></span>d <span class=\"_ _18\"> </span>d<span class=\"_ _2\"></span>uring <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>year <span class=\"_ _18\"> </span>are <span class=\"_ _16\"> </span>included <span class=\"_ _16\"> </span>in <span class=\"_ _18\"> </span>th<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>onsolidated <span class=\"_ _16\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements from the date of acq<span class=\"_ _2\"></span>uisition to the d<span class=\"_ _2\"></span>ate of disposal, as appl<span class=\"_ _2\"></span>icable<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls1a ws83\"> </span>con<span class=\"_ _2\"></span>solidat<span class=\"_ _0\"></span>ed<span class=\"ls1a ws83\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"ls1a ws83\"> </span>sta<span class=\"_ _0\"></span>tements<span class=\"ls1a ws83\"> </span>include<span class=\"ls1a ws83\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls1a ws83\"> </span>rev<span class=\"_ _0\"></span>enue,<span class=\"ls1a ws83\"> </span>e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses,<span class=\"ls1a ws83\"> </span>as<span class=\"_ _0\"></span>sets<span class=\"ls1a ws83\"> </span>and<span class=\"ls1a ws83\"> </span>l<span class=\"_ _2\"></span>iabilities<span class=\"ls1a ws83\"> </span>of<span class=\"ls1a ws83\"> </span>the<span class=\"ls1a ws83\"> </span>Group <span class=\"_ _16\"> </span>from </span><span style=\"display:inherit;clear:left;\">tr<span class=\"_ _0\"></span>ansactions<span class=\"ls26 ws8f\"> </span>with<span class=\"ls26 ws8f\"> </span>th<span class=\"_ _2\"></span>ird<span class=\"ls26 ws8f\"> </span>parties<span class=\"_ _0\"></span>.<span class=\"ls26 ws8f\"> </span>Intercompany<span class=\"ls26 ws8f\"> </span>tr<span class=\"_ _0\"></span>ansition<span class=\"_ _2\"></span>s<span class=\"ls63 ws15e\"> </span>are<span class=\"ls26 ws8f\"> </span>eliminated<span class=\"ls26 ws8f\"> </span>in<span class=\"ls26 ws8f\"> </span>the<span class=\"ls26 ws8f\"> </span>consolidated<span class=\"ls26 ws8f\"> </span>acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nts.<span class=\"ls26 ws8f\"> </span>Where </span><span style=\"display:inherit;clear:left;\">applicable,<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>financial<span class=\"ls13 ws7c\"> </span>statements<span class=\"ls13 ws7c\"> </span>of<span class=\"ls13 ws7c\"> </span>subsidiaries<span class=\"ls13 ws7c\"> </span>are<span class=\"ls11 ws7a\"> </span>adjust<span class=\"_ _0\"></span>ed<span class=\"ls13 ws7c\"> </span>to <span class=\"_ _13\"></span>align<span class=\"ls13 ws7c\"> </span>them<span class=\"ls13 ws7c\"> </span>wit<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>accounting<span class=\"ls13 ws7c\"> </span>polic<span class=\"_ _2\"></span>ies<span class=\"ls13 ws7c\"> </span>of<span class=\"ls13 ws7c\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Non-<span class=\"_ _2\"></span>controlling <span class=\"_ _2\"></span>interests in<span class=\"_ _2\"></span> subsidiaries <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>ident<span class=\"_ _2\"></span>ified <span class=\"_ _2\"></span>separ<span class=\"_ _0\"></span>ately from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>equity <span class=\"_ _2\"></span>ther<span class=\"_ _2\"></span>ein. <span class=\"_ _2\"></span>Pr<span class=\"_ _0\"></span>ofit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss and </span><span style=\"display:inherit;clear:left;\">each component of <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _0\"></span>comprehen<span class=\"_ _2\"></span>sive <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>attributed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>owners <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the par<span class=\"_ _0\"></span>ent company <span class=\"_ _1\"></span>and<span class=\"_ _2\"></span> t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>non-</span><span style=\"display:inherit;clear:left;\">controlling in<span class=\"_ _2\"></span>tere<span class=\"_ _0\"></span>sts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__14-1": {
   "value": "<span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>cons<span class=\"_ _2\"></span>olidated fin<span class=\"_ _2\"></span>ancial <span class=\"_ _2\"></span>statemen<span class=\"wsb\">ts </span>of <span class=\"_ _2\"></span>the C<span class=\"_ _2\"></span>ompany for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>peri<span class=\"_ _2\"></span>od <span class=\"wsc\">1 </span>J<span class=\"_ _2\"></span>anuary <span class=\"_ _2\"></span>to 31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"wsc\">5 </span>consist <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">financ<span class=\"_ _2\"></span>ial <span class=\"_ _1\"></span>statemen<span class=\"_ _2\"></span><span class=\"wsd\">ts </span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>Co<span class=\"_ _2\"></span>mpany <span class=\"_ _1\"></span>and its <span class=\"_ _1\"></span>subsid<span class=\"_ _2\"></span>iaries. Subsidiaries include V\u00cdS <span class=\"_ _1\"></span>tr<span class=\"_ _2\"></span>yggingar hf<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>L\u00edftr<span class=\"_ _2\"></span>yggingaf\u00e9lag </span><span style=\"display:inherit;clear:left;\">\u00cdsland<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>hf. <span class=\"_ _2\"></span>(\u201cL\u00edf\u00ed<span class=\"_ _2\"></span>s\u201d) <span class=\"_ _2\"></span>(toget<span class=\"_ _2\"></span>her <span class=\"_ _13\"></span>referred <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>as \u201cV\u00cd<span class=\"_ _2\"></span>S\u201d), <span class=\"_ _13\"></span>F<span class=\"_ _0\"></span>ossar <span class=\"_ _13\"></span>fj\u00e1rfestingarbanki <span class=\"_ _13\"></span>hf<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>(<span class=\"_ _2\"></span>\u201cFos<span class=\"_ _0\"></span>sar\u201d <span class=\"_ _2\"></span>or \u201cthe <span class=\"_ _13\"></span>bank\u201d<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>\u00cdslen<span class=\"_ _2\"></span>sk </span><span style=\"display:inherit;clear:left;\">ver\u00f0br\u00e9f <span class=\"_\"> </span>hf<span class=\"_ _1\"></span>. <span class=\"_\"> </span>(\u201c\u00cdV\u201d)<span class=\"_ _2\"></span>, <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ollecti<span class=\"_ _2\"></span>v<span class=\"_ _0\"></span>ely <span class=\"_\"> </span>with <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>C<span class=\"_ _0\"></span>ompany <span class=\"_ _16\"> </span>referred <span class=\"_\"> </span>to <span class=\"_ _16\"> </span><span class=\"wse\">as </span>\"the <span class=\"_\"> </span>Gro<span class=\"_ _0\"></span>up<span class=\"ls5\">\"</span>. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>Group<span class=\"ls6\">\u2019</span>s <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>pera<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span>s <span class=\"_ _16\"> </span>consist <span class=\"_\"> </span>of </span><span style=\"display:inherit;clear:left;\">insurance <span class=\"ws10\">activities, <span class=\"ws11\">investment <span class=\"ws12\">banking, <span class=\"ws13\">asset <span class=\"ws14\">and <span class=\"ws15\">fund <span class=\"_ _2\"></span><span class=\"ws16\">management. </span>The <span class=\"ws17\">Icelandic <span class=\"ws16\">Financial <span class=\"ws0\">Supervisory </span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Authority <span class=\"ws19\">supervises <span class=\"ws1a\">the <span class=\"ws1b\">Group's <span class=\"ws1c\">operations <span class=\"ws1d\">based <span class=\"ws1e\">on <span class=\"ws1f\">Act <span class=\"_ _2\"></span></span></span></span></span></span>No. <span class=\"ws20\">87/1998 <span class=\"ws1e\">on <span class=\"ws0\">O<span class=\"ff18\">ff</span><span class=\"ws21\">icial <span class=\"ws22\">Supervision </span></span></span>of <span class=\"ws0\">Financial </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">Activities.</span><span style=\"display:inherit;clear:left;\">19.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share in subsidiaries</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:112.796875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 324.719px; top: 0.0117187px; width: 133.652px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 565.469px; top: 0.0117187px; width: 77.0566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Principal activi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8242px; width: 304.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar hf. .........................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.5px; top: 18.0117px; width: 112.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 17.6523px; width: 100.934px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.6836px; width: 304.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fossar fj\u00e1r</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">festingarbanki hf. ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.5px; top: 31.8711px; width: 112.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 31.3242px; width: 94.2363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Investment bank</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.5586px; width: 464.795px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VF Nord ehf. ................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">00,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 45.1836px; width: 85.2715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Investing activites</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.2305px; width: 302.438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi ehf. ....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.5px; top: 59.418px; width: 113.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 59.043px; width: 85.2715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Investing activites</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.0898px; width: 302.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">L\u00edftryg</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">gingaf\u00e9lag \u00cdslands hf. ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.5px; top: 73.2773px; width: 112.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 72.918px; width: 67.2891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life insurance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.9492px; width: 464.613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00cdslensk ver\u00f0br\u00e9f hf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">. ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">85,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 86.5898px; width: 138.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset and fund managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.637px; width: 302.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SIV eignast\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ring hf. .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 363.547px; top: 100.809px; width: 101.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 100.449px; width: 138.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset and fund managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span></span><span style=\"display:inherit;clear:left;\">VF <span class=\"_ _0\"></span>Nord <span class=\"_ _1\"></span>eh<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>. <span class=\"_ _1\"></span>and Sk<span class=\"_ _0\"></span>agi <span class=\"_ _1\"></span>ehf. <span class=\"_ _1\"></span>are holding <span class=\"_ _0\"></span>companies <span class=\"_ _1\"></span>w<span class=\"_ _2\"></span>ith <span class=\"_ _1\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _0\"></span>oper<span class=\"_ _0\"></span>ations. <span class=\"_ _1\"></span>\u00cdV sj\u00f3\u00f0ir <span class=\"_ _1\"></span>h<span class=\"_ _2\"></span>f<span class=\"_ _1\"></span>. (owned <span class=\"_ _1\"></span>100% by <span class=\"_ _1\"></span>Skagi <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>re-merger)<span class=\"_ _ef\"></span>, </span><span style=\"display:inherit;clear:left;\">SIV <span class=\"_ _18\"></span>eignast\u00fdring <span class=\"_ _18\"></span>hf. <span class=\"_ _14\"></span>(owned <span class=\"_ _18\"> </span>70% <span class=\"_ _18\"> </span>by <span class=\"_ _18\"> </span>Skagi <span class=\"_ _18\"> </span>pre-merger) <span class=\"_ _95\"></span>and <span class=\"_ _14\"></span>\u00cdslensk <span class=\"_ _18\"> </span>ver\u00f0br\u00e9f <span class=\"_ _18\"> </span>hf. <span class=\"_ _18\"> </span>(owned <span class=\"_ _18\"> </span>100% <span class=\"_ _18\"></span>by <span class=\"_ _18\"></span>Skagi <span class=\"_ _14\"></span>pre-merger) </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">were <span class=\"_ _2\"></span>all <span class=\"_ _13\"></span>merged, <span class=\"_ _2\"></span>e<span class=\"ff2d\">ff</span>ective <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>1</span><span style=\"display:inherit;clear:left;\"> <span class=\"_ _2\"></span>January <span class=\"_ _13\"></span>2025, <span class=\"_ _2\"></span>under <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>name <span class=\"_ _2\"></span>\u00cdslensk <span class=\"_ _13\"></span>ver\u00f0br\u00e9f <span class=\"_ _2\"></span>hf. <span class=\"_ _2\"></span>(owned <span class=\"_ _13\"></span>85,9% <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>Skagi <span class=\"_ _2\"></span>post-</span><span style=\"display:inherit;clear:left;\">th</span><span style=\"display:inherit;clear:left;\">merger). <span class=\"_ _ef\"></span>Reference <span class=\"_ _2\"></span>is made <span class=\"_ _2\"></span>to announcement <span class=\"_ _2\"></span>published by <span class=\"_ _2\"></span>the Company <span class=\"_ _2\"></span>on the <span class=\"_ _2\"></span>NasdaqIceland on <span class=\"_ _2\"></span>6</span><span style=\"display:inherit;clear:left;\"> January <span class=\"_ _2\"></span>2026 </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>Skagi <span class=\"_ _13\"></span>exercised <span class=\"_ _13\"></span>an <span class=\"_ _14\"></span>option <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>acquire <span class=\"_ _13\"></span>14,1% <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>\u00cdslensk <span class=\"_ _13\"></span>ver\u00f0br\u00e9f <span class=\"_ _14\"></span>hf. <span class=\"_ _13\"></span>(\u00cdV). <span class=\"_ _94\"></span>Skagi <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>an <span class=\"_ _13\"></span>option <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>pay <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">purchase <span class=\"_ _17\"> </span>price <span class=\"_ _17\"> </span>with <span class=\"_ _17\"> </span>issuance <span class=\"_ _1c\"> </span>of <span class=\"_ _17\"> </span>new <span class=\"_ _8\"> </span>Skagi <span class=\"_\"> </span>shares, <span class=\"_ _1c\"> </span>equivalent <span class=\"_ _17\"> </span>to <span class=\"_ _8\"> </span>nominal <span class=\"_\"> </span>amount <span class=\"_ _1c\"> </span>of <span class=\"_ _17\"> </span>24,231,800.-, <span class=\"_ _17\"> </span>issued <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">average <span class=\"_ _2\"></span>closing <span class=\"_ _13\"></span>price <span class=\"_ _18\"> </span>of <span class=\"_ _2\"></span>shares <span class=\"_ _18\"> </span>in <span class=\"_ _13\"></span>Skagi <span class=\"_ _18\"></span>traded <span class=\"_ _14\"></span>on <span class=\"_ _18\"> </span>Nasdaq <span class=\"_ _18\"> </span>OMX <span class=\"_ _13\"></span>Iceland <span class=\"_ _2\"></span>ten <span class=\"_ _13\"></span>days <span class=\"_ _2\"></span>before <span class=\"_ _18\"> </span>exercise <span class=\"_ _18\"> </span>of <span class=\"_ _13\"></span>option. <span class=\"_ _14\"></span>Issue </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>new <span class=\"_ _14\"></span>shares <span class=\"_ _18\"></span>in <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>subject <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>shareholders <span class=\"_ _13\"></span>approval <span class=\"_ _2\"></span>but <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>also <span class=\"_ _2\"></span>has <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>right <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>pay the <span class=\"_ _13\"></span>purchase <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">cash. Issuance of new shares will be proposed at the next AGM of the Company<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__13": {
   "value": "The  Group\u2019s  operations  consist  of insurance activities, investment banking, asset and fund management.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__16": {
   "value": "Iceland",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__21-1": {
   "value": "<span style=\"display:inherit;clear:left;\">2.<span class=\"_\"> </span><span class=\"ws24\">Basis <span class=\"ws25\">of <span class=\"ws0\">preparation</span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>consolidated <span class=\"_ _18\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls7 ws26\"> </span>statements <span class=\"_\"> </span>have <span class=\"_ _18\"> </span>been <span class=\"_\"> </span>prepared <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>accordance <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>IFRS\u00ae <span class=\"_\"> </span>Accounting <span class=\"_ _16\"> </span>Standards <span class=\"_ _16\"> </span>as </span><span style=\"display:inherit;clear:left;\">adopted <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>European <span class=\"_ _13\"></span>Union <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>additional <span class=\"_ _13\"></span>requirements <span class=\"_ _14\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Icelandic <span class=\"_ _14\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _13\"></span>Act </span><span style=\"display:inherit;clear:left;\">No. <span class=\"_ _14\"></span>3/2006. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>financial<span class=\"ls8 ws27\"> </span>statements <span class=\"_ _18\"></span>were <span class=\"_ _14\"></span>approved <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>authorized <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>publication <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>meeting <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Board <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">Directors on 18 February 2026. A summary of material accounting policies of the Group is provided in note 39. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of pro<span class=\"_ _13\"></span>fit and loss </span><span style=\"display:inherit;clear:left;\">Certain items within the income statement have been reclassi<span class=\"_ _13\"></span>fied to improve presentation. </span><span style=\"display:inherit;clear:left;\">Income <span class=\"ws29\">relating <span class=\"ws2a\">to <span class=\"ws2b\">card <span class=\"ws2c\">and <span class=\"ws2d\">collection <span class=\"ws2e\">fees <span class=\"ws2f\">in <span class=\"ws30\">the <span class=\"ws31\">amount <span class=\"_ _2\"></span><span class=\"ws32\">of <span class=\"ws33\">ISK </span></span></span></span></span></span></span></span></span>102 <span class=\"ws34\">million, <span class=\"ws35\">previously <span class=\"ws36\">presented <span class=\"ws37\">within <span class=\"ws0\">finance </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">income, </span><span style=\"display:inherit;clear:left;\">is </span><span style=\"display:inherit;clear:left;\">now <span class=\"ws0\">presente<span class=\"_ _13\"></span><span class=\"ls9\">d<span class=\"lsa ws3b\"> </span></span><span class=\"ws3c\">under <span class=\"ws3d\">other </span></span>income. <span class=\"_\"> </span><span class=\"ws3e\">Furthermore, <span class=\"ws3f\">certain </span></span>expenses <span class=\"_ _16\"> </span><span class=\"ws40\">previously <span class=\"ws41\">classified <span class=\"ws42\">within </span></span></span>finance </span></span><span style=\"display:inherit;clear:left;\">items <span class=\"ws44\">in <span class=\"ws45\">the <span class=\"ws46\">amount <span class=\"ws47\">of <span class=\"ws48\">ISK <span class=\"ws49\">119 <span class=\"ws4a\">million <span class=\"ws4b\">have <span class=\"ws4c\">been <span class=\"ws4d\">reclassified <span class=\"_ _2\"></span></span></span></span></span></span></span></span></span></span>to <span class=\"ws4e\">other <span class=\"ws4f\">expenses. <span class=\"ws4b\">The <span class=\"ws50\">net <span class=\"ws0\">e<span class=\"ff1a\">ff</span><span class=\"ws51\">ect <span class=\"ws47\">of <span class=\"ws52\">these </span></span></span>reclassifications </span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">is not material and has no impact on profit for the year<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _15\"> </span>addition, <span class=\"_ _8\"> </span>a <span class=\"_ _15\"> </span>misstatement <span class=\"_ _15\"> </span>in <span class=\"_ _8\"> </span>the <span class=\"_ _15\"> </span>calculation <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>diluted <span class=\"_ _15\"> </span>earnings <span class=\"_ _8\"> </span>per <span class=\"_ _15\"> </span>share <span class=\"_ _15\"> </span>for <span class=\"_ _8\"> </span>2024 <span class=\"_ _15\"> </span>has <span class=\"_ _15\"> </span>been <span class=\"_ _15\"> </span>corrected. </span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _14\"></span>relating <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>stock <span class=\"_ _14\"></span>options <span class=\"_ _14\"></span>were <span class=\"_ _14\"></span>previously <span class=\"_ _14\"></span>overstated. <span class=\"_ _14\"></span>Diluted <span class=\"_ _14\"></span>earnings <span class=\"_ _14\"></span>per <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>for <span class=\"_ _14\"></span>2024 <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>ISK <span class=\"_ _14\"></span>1.19 </span><span style=\"display:inherit;clear:left;\">compared to ISK 1.16 as previously reported. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of <span class=\"_ _13\"></span>financial position </span><span style=\"display:inherit;clear:left;\">During the preparation of the <span class=\"_ _13\"></span>financial statements, certain comparative <span class=\"_ _13\"></span>fi<span class=\"_ _2\"></span>gures in the Statement of Financial </span><span style=\"display:inherit;clear:left;\">Position and related disclosures have been reclassi<span class=\"_ _13\"></span>fied to improve presentation and consisten<span class=\"_ _2\"></span><span class=\"lsb\">c<span class=\"lsc\">y</span></span>. </span><span style=\"display:inherit;clear:left;\">Currency <span class=\"_ _18\"></span>forwards <span class=\"_ _14\"></span>amounting <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>ISK <span class=\"_ _18\"> </span>499 <span class=\"_ _14\"></span>million <span class=\"_ _18\"> </span>were <span class=\"_ _18\"> </span>previously <span class=\"_ _18\"> </span>presented <span class=\"_ _18\"> </span>under <span class=\"_ _18\"></span><span class=\"ff11\">Other <span class=\"_ _14\"></span>receivables<span class=\"_ _2\"></span></span><span class=\"lsd ws53\"> </span>and <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>now </span><span style=\"display:inherit;clear:left;\">classified <span class=\"_ _15\"> </span>as <span class=\"_ _8\"> </span>part <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span><span class=\"ff11\">Financial <span class=\"_ _15\"> </span>assets</span>. <span class=\"_ _8\"> </span>This <span class=\"_ _15\"> </span>reclassification <span class=\"_ _8\"> </span>a<span class=\"ff1b\">ff</span>ects <span class=\"_ _15\"> </span>Note <span class=\"_ _8\"> </span>14 <span class=\"_ _15\"> </span>Financial <span class=\"_ _15\"> </span>assets, <span class=\"_ _8\"> </span>Note <span class=\"_ _15\"> </span>24 <span class=\"_ _8\"> </span>Other </span><span style=\"display:inherit;clear:left;\">receivables <span class=\"_\"> </span>and <span class=\"_ _1c\"> </span>Note <span class=\"_ _15\"> </span>34 <span class=\"_ _15\"> </span>Financial <span class=\"_ _1c\"> </span>instruments. <span class=\"_ _15\"> </span>Reinsurance <span class=\"_ _15\"> </span>contract <span class=\"_ _1c\"> </span>liabilities <span class=\"_ _15\"> </span>amounting <span class=\"_ _15\"> </span>to <span class=\"_ _1c\"> </span>ISK <span class=\"_ _15\"> </span>102 <span class=\"_ _15\"> </span>million </span><span style=\"display:inherit;clear:left;\">were <span class=\"_ _15\"> </span>previously <span class=\"_\"> </span>presented <span class=\"_ _15\"> </span>under <span class=\"_\"> </span><span class=\"ff11\">Accounts <span class=\"_ _1c\"> </span>payable <span class=\"_\"> </span>and <span class=\"_\"> </span>other <span class=\"_\"> </span>liabilities</span> <span class=\"_\"> </span>and <span class=\"_ _17\"> </span>are <span class=\"_\"> </span>now <span class=\"_\"> </span>included <span class=\"_ _1c\"> </span>in <span class=\"_ _17\"> </span><span class=\"ff11\">Liabilities <span class=\"_ _1c\"> </span>for </span></span><span style=\"display:inherit;clear:left;\">insurance <span class=\"_ _16\"> </span>contracts<span class=\"ff4\">. <span class=\"_ _13\"></span>This <span class=\"_ _17\"> </span>reclassification <span class=\"_ _17\"> </span>a<span class=\"ff1c\">ff</span>ects <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>23 <span class=\"_\"> </span>Assets <span class=\"_ _17\"> </span>from <span class=\"_ _17\"> </span>reinsurance <span class=\"_\"> </span>contracts <span class=\"_ _17\"> </span>held <span class=\"_ _17\"> </span>and <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>29 </span></span><span style=\"display:inherit;clear:left;\">Accounts <span class=\"_ _14\"></span>payable <span class=\"_ _18\"> </span>and other liabilities. </span><span style=\"display:inherit;clear:left;\">Liabilities <span class=\"ws55\">arising <span class=\"ws0\">from <span class=\"_ _95\"></span><span class=\"ws56\">insurance <span class=\"ws57\">contract <span class=\"ws58\">operating <span class=\"_ _2\"></span><span class=\"ws0\">expenses <span class=\"_ _95\"></span><span class=\"ws59\">amounting <span class=\"ws0\">to <span class=\"_ _95\"></span><span class=\"ws5a\">ISK <span class=\"ws5b\">910 <span class=\"ws5c\">million <span class=\"ws0\">were <span class=\"_ _3\"></span><span class=\"ws5d\">previously <span class=\"ws0\">presented </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">under <span class=\"ff11 ws5f\">Accounts <span class=\"ws60\">payable <span class=\"ws61\">and <span class=\"ws62\">other <span class=\"ws0\">liabilities</span></span></span></span></span><span class=\"lse ws63\"> </span></span><span style=\"display:inherit;clear:left;\">and <span class=\"ws65\">are <span class=\"ws66\">now <span class=\"ws67\">included <span class=\"_ _2\"></span></span></span></span>in </span><span style=\"display:inherit;clear:left;\">Liabilities </span><span style=\"display:inherit;clear:left;\">for </span><span style=\"display:inherit;clear:left;\">insurance </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ff4\">. <span class=\"_ _1c\"> </span>This </span></span><span style=\"display:inherit;clear:left;\">reclassification <span class=\"ws0\">a<span class=\"ff1d\">ff</span><span class=\"ws6c\">ects <span class=\"ws6d\">Note <span class=\"ws6e\">25 <span class=\"ws6f\">Insurance <span class=\"ws70\">contracts <span class=\"_ _2\"></span><span class=\"ws71\">, <span class=\"ws72\">Note </span></span></span></span>29 <span class=\"ws73\">Accounts <span class=\"ws72\">payable <span class=\"ws74\">and <span class=\"ws75\">other <span class=\"ws76\">liabilities </span></span>and </span></span></span></span>Note </span></span>35.7 </span></span><span style=\"display:inherit;clear:left;\">Liquidity risk. </span><span style=\"display:inherit;clear:left;\">These adjustments do not a<span class=\"_ _2\"></span><span class=\"ff1e\">ff</span>ect the insurance service result, pro<span class=\"_ _13\"></span>fit for the year<span class=\"_ _1\"></span>, or total equit<span class=\"_ _0\"></span><span class=\"lsf\">y<span class=\"ls0\">. They improve the </span></span></span><span style=\"display:inherit;clear:left;\">classifi<span class=\"_ _2\"></span>cation and accuracy of the comparative information presented.</span><span style=\"display:inherit;clear:left;\">39.23 New stan<span class=\"_ _0\"></span>dards<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>erpreta<span class=\"_ _0\"></span>tions and amen<span class=\"_ _0\"></span>dme<span class=\"_ _0\"></span>nts to stand<span class=\"_ _0\"></span>ards </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>number <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>new <span class=\"_ _14\"></span>accounting <span class=\"_ _18\"> </span>standards <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>e<span class=\"ff7a\">ff</span>ective <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>annual <span class=\"_ _14\"></span>reporting <span class=\"_ _18\"></span>periods <span class=\"_ _14\"></span>beginning <span class=\"_ _18\"></span>after <span class=\"_ _14\"></span>1 <span class=\"_ _14\"></span>January <span class=\"_ _18\"> </span>2025 </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _16\"> </span>earlier <span class=\"_ _16\"> </span>application <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>permitted. <span class=\"_ _16\"> </span>However<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Group <span class=\"_ _16\"> </span>has <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>early <span class=\"_\"> </span>adopted <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>following <span class=\"_ _16\"> </span>new <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>amended </span><span style=\"display:inherit;clear:left;\">accounting standards in preparing these consolidated fi<span class=\"_ _2\"></span>nancial statements.  </span><span style=\"display:inherit;clear:left;\">IFRS 18 Presentation and D<span class=\"_ _2\"></span>iscl<span class=\"_ _0\"></span>osure in Financial Statements </span><span style=\"display:inherit;clear:left;\">IFRS 18 <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>replace IAS 1 <span class=\"_ _1\"></span><span class=\"ff11\">Presentation <span class=\"_ _0\"></span>of Fi<span class=\"_ _0\"></span>nancial Statements <span class=\"_ _0\"></span><span class=\"ff4\">and applies <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>annual reporting periods <span class=\"_ _0\"></span>beginning on </span></span></span><span style=\"display:inherit;clear:left;\">or after 1 J<span class=\"_ _2\"></span>anuary 202<span class=\"_ _2\"></span>7. The new <span class=\"_ _2\"></span>accounting standard introduc<span class=\"_ _2\"></span>es the following k<span class=\"_ _0\"></span>ey new req<span class=\"_ _2\"></span>uirements: </span><span style=\"display:inherit;clear:left;\">Entities <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>req<span class=\"_ _2\"></span>uired <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>classify all <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome <span class=\"_ _0\"></span>and e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _0\"></span>five <span class=\"_ _1\"></span>categories in <span class=\"_ _1\"></span>the statement of <span class=\"_ _1\"></span>profit or <span class=\"_ _1\"></span>loss, </span><span style=\"display:inherit;clear:left;\">namely <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>per<span class=\"_ _0\"></span>ating, investing, <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g, d<span class=\"_ _2\"></span>iscontinued operations and <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>tax categories<span class=\"_ _0\"></span>. Entit<span class=\"_ _2\"></span>ies are </span><span style=\"display:inherit;clear:left;\">also required to present a newly-<span class=\"_ _2\"></span>defined<span class=\"_ _2\"></span> oper<span class=\"_ _1\"></span>ating p<span class=\"_ _2\"></span>rofit s<span class=\"_ _0\"></span>ubtotal. Entities\u00b4 net<span class=\"_ _2\"></span> profit will not chan<span class=\"_ _2\"></span>ge<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Management-<span class=\"_ _2\"></span>defined <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>measures <span class=\"_ _15\"> </span>(MPMs)<span class=\"_ _2\"></span> <span class=\"_ _15\"> </span>are <span class=\"_ _15\"> </span>disclosed <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>a <span class=\"_ _8\"> </span>single <span class=\"_ _15\"> </span>note <span class=\"_ _8\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>financ<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>l </span><span style=\"display:inherit;clear:left;\">statements.  </span><span style=\"display:inherit;clear:left;\">Enhanced <span class=\"_ _2\"></span>guidance is provided <span class=\"_ _2\"></span>on how to gro<span class=\"_ _0\"></span>up information in the<span class=\"_ _2\"></span> financial statements. </span><span style=\"display:inherit;clear:left;\">In addition, all entities a<span class=\"_ _0\"></span>re required t<span class=\"_ _0\"></span>o use the oper<span class=\"_ _0\"></span>ating <span class=\"_ _0\"></span>profit subt<span class=\"_ _0\"></span>otal as the starting point for <span class=\"_ _0\"></span>the stat<span class=\"_ _0\"></span>ement of cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows when presenting operating cash \ufb02ows under the in<span class=\"_ _2\"></span>direct method.  </span><span style=\"display:inherit;clear:left;\">The Group is still in the proce<span class=\"_ _0\"></span>ss of as<span class=\"_ _0\"></span>sessing the impact of the new acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nting standard, particularly wit<span class=\"_ _2\"></span>h re<span class=\"_ _0\"></span>spect to </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>structure <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>ps\u00b4 <span class=\"_ _2\"></span>statement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>sta<span class=\"_ _0\"></span>tement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ows, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>additio<span class=\"_ _2\"></span>nal <span class=\"_ _2\"></span>disclosure<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">required <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>MPMs. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Group <span class=\"_ _1\"></span>is also <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>essing <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>how information <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>grouped in <span class=\"_ _1\"></span>the financial <span class=\"_ _0\"></span>statements, </span><span style=\"display:inherit;clear:left;\">including for items currently labelled<span class=\"_ _2\"></span> as <span class=\"ff11\">other<span class=\"_ _0\"></span>. <span class=\"ff4\"> </span></span></span><span style=\"display:inherit;clear:left;\">Other accounting standa<span class=\"_ _2\"></span>rds </span><span style=\"display:inherit;clear:left;\">The following new and<span class=\"_ _0\"></span> amended accounting standards ar<span class=\"_ _1\"></span>e not<span class=\"_ _2\"></span> e<span class=\"_ _0\"></span>xpected to have <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ignificant impact on the Grou<span class=\"_ _0\"></span>p\u00b4s </span><span style=\"display:inherit;clear:left;\">consolidated financ<span class=\"_ _2\"></span>ial stat<span class=\"_ _0\"></span>ements: </span><span style=\"display:inherit;clear:left;\">Classification and Measurement of Financial Instrument<span class=\"_ _2\"></span>s (Amendments to <span class=\"_ _2\"></span>IFRS 9 and IF<span class=\"_ _2\"></span>RS 7) </span><span style=\"display:inherit;clear:left;\">Contracts Refer<span class=\"_ _0\"></span>encing Nature-<span class=\"_ _2\"></span>dependent Electricit<span class=\"_ _2\"></span>y (Amend<span class=\"_ _2\"></span>ments to IFRS 9 and IFRS <span class=\"_ _2\"></span>7)</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReclassificationsOrChangesInPresentationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__20": {
   "value": "<span style=\"display:inherit;clear:left;\">2.<span class=\"_\"> </span><span class=\"ws24\">Basis <span class=\"ws25\">of <span class=\"ws0\">preparation</span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>consolidated <span class=\"_ _18\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls7 ws26\"> </span>statements <span class=\"_\"> </span>have <span class=\"_ _18\"> </span>been <span class=\"_\"> </span>prepared <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>accordance <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>IFRS\u00ae <span class=\"_\"> </span>Accounting <span class=\"_ _16\"> </span>Standards <span class=\"_ _16\"> </span>as </span><span style=\"display:inherit;clear:left;\">adopted <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>European <span class=\"_ _13\"></span>Union <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>additional <span class=\"_ _13\"></span>requirements <span class=\"_ _14\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Icelandic <span class=\"_ _14\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _13\"></span>Act </span><span style=\"display:inherit;clear:left;\">No. <span class=\"_ _14\"></span>3/2006. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>financial<span class=\"ls8 ws27\"> </span>statements <span class=\"_ _18\"></span>were <span class=\"_ _14\"></span>approved <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>authorized <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>publication <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>meeting <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Board <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">Directors on 18 February 2026. A summary of material accounting policies of the Group is provided in note 39. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of pro<span class=\"_ _13\"></span>fit and loss </span><span style=\"display:inherit;clear:left;\">Certain items within the income statement have been reclassi<span class=\"_ _13\"></span>fied to improve presentation. </span><span style=\"display:inherit;clear:left;\">Income <span class=\"ws29\">relating <span class=\"ws2a\">to <span class=\"ws2b\">card <span class=\"ws2c\">and <span class=\"ws2d\">collection <span class=\"ws2e\">fees <span class=\"ws2f\">in <span class=\"ws30\">the <span class=\"ws31\">amount <span class=\"_ _2\"></span><span class=\"ws32\">of <span class=\"ws33\">ISK </span></span></span></span></span></span></span></span></span>102 <span class=\"ws34\">million, <span class=\"ws35\">previously <span class=\"ws36\">presented <span class=\"ws37\">within <span class=\"ws0\">finance </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">income, </span><span style=\"display:inherit;clear:left;\">is </span><span style=\"display:inherit;clear:left;\">now <span class=\"ws0\">presente<span class=\"_ _13\"></span><span class=\"ls9\">d<span class=\"lsa ws3b\"> </span></span><span class=\"ws3c\">under <span class=\"ws3d\">other </span></span>income. <span class=\"_\"> </span><span class=\"ws3e\">Furthermore, <span class=\"ws3f\">certain </span></span>expenses <span class=\"_ _16\"> </span><span class=\"ws40\">previously <span class=\"ws41\">classified <span class=\"ws42\">within </span></span></span>finance </span></span><span style=\"display:inherit;clear:left;\">items <span class=\"ws44\">in <span class=\"ws45\">the <span class=\"ws46\">amount <span class=\"ws47\">of <span class=\"ws48\">ISK <span class=\"ws49\">119 <span class=\"ws4a\">million <span class=\"ws4b\">have <span class=\"ws4c\">been <span class=\"ws4d\">reclassified <span class=\"_ _2\"></span></span></span></span></span></span></span></span></span></span>to <span class=\"ws4e\">other <span class=\"ws4f\">expenses. <span class=\"ws4b\">The <span class=\"ws50\">net <span class=\"ws0\">e<span class=\"ff1a\">ff</span><span class=\"ws51\">ect <span class=\"ws47\">of <span class=\"ws52\">these </span></span></span>reclassifications </span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">is not material and has no impact on profit for the year<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _15\"> </span>addition, <span class=\"_ _8\"> </span>a <span class=\"_ _15\"> </span>misstatement <span class=\"_ _15\"> </span>in <span class=\"_ _8\"> </span>the <span class=\"_ _15\"> </span>calculation <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>diluted <span class=\"_ _15\"> </span>earnings <span class=\"_ _8\"> </span>per <span class=\"_ _15\"> </span>share <span class=\"_ _15\"> </span>for <span class=\"_ _8\"> </span>2024 <span class=\"_ _15\"> </span>has <span class=\"_ _15\"> </span>been <span class=\"_ _15\"> </span>corrected. </span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _14\"></span>relating <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>stock <span class=\"_ _14\"></span>options <span class=\"_ _14\"></span>were <span class=\"_ _14\"></span>previously <span class=\"_ _14\"></span>overstated. <span class=\"_ _14\"></span>Diluted <span class=\"_ _14\"></span>earnings <span class=\"_ _14\"></span>per <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>for <span class=\"_ _14\"></span>2024 <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>ISK <span class=\"_ _14\"></span>1.19 </span><span style=\"display:inherit;clear:left;\">compared to ISK 1.16 as previously reported. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of <span class=\"_ _13\"></span>financial position </span><span style=\"display:inherit;clear:left;\">During the preparation of the <span class=\"_ _13\"></span>financial statements, certain comparative <span class=\"_ _13\"></span>fi<span class=\"_ _2\"></span>gures in the Statement of Financial </span><span style=\"display:inherit;clear:left;\">Position and related disclosures have been reclassi<span class=\"_ _13\"></span>fied to improve presentation and consisten<span class=\"_ _2\"></span><span class=\"lsb\">c<span class=\"lsc\">y</span></span>. </span><span style=\"display:inherit;clear:left;\">Currency <span class=\"_ _18\"></span>forwards <span class=\"_ _14\"></span>amounting <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>ISK <span class=\"_ _18\"> </span>499 <span class=\"_ _14\"></span>million <span class=\"_ _18\"> </span>were <span class=\"_ _18\"> </span>previously <span class=\"_ _18\"> </span>presented <span class=\"_ _18\"> </span>under <span class=\"_ _18\"></span><span class=\"ff11\">Other <span class=\"_ _14\"></span>receivables<span class=\"_ _2\"></span></span><span class=\"lsd ws53\"> </span>and <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>now </span><span style=\"display:inherit;clear:left;\">classified <span class=\"_ _15\"> </span>as <span class=\"_ _8\"> </span>part <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span><span class=\"ff11\">Financial <span class=\"_ _15\"> </span>assets</span>. <span class=\"_ _8\"> </span>This <span class=\"_ _15\"> </span>reclassification <span class=\"_ _8\"> </span>a<span class=\"ff1b\">ff</span>ects <span class=\"_ _15\"> </span>Note <span class=\"_ _8\"> </span>14 <span class=\"_ _15\"> </span>Financial <span class=\"_ _15\"> </span>assets, <span class=\"_ _8\"> </span>Note <span class=\"_ _15\"> </span>24 <span class=\"_ _8\"> </span>Other </span><span style=\"display:inherit;clear:left;\">receivables <span class=\"_\"> </span>and <span class=\"_ _1c\"> </span>Note <span class=\"_ _15\"> </span>34 <span class=\"_ _15\"> </span>Financial <span class=\"_ _1c\"> </span>instruments. <span class=\"_ _15\"> </span>Reinsurance <span class=\"_ _15\"> </span>contract <span class=\"_ _1c\"> </span>liabilities <span class=\"_ _15\"> </span>amounting <span class=\"_ _15\"> </span>to <span class=\"_ _1c\"> </span>ISK <span class=\"_ _15\"> </span>102 <span class=\"_ _15\"> </span>million </span><span style=\"display:inherit;clear:left;\">were <span class=\"_ _15\"> </span>previously <span class=\"_\"> </span>presented <span class=\"_ _15\"> </span>under <span class=\"_\"> </span><span class=\"ff11\">Accounts <span class=\"_ _1c\"> </span>payable <span class=\"_\"> </span>and <span class=\"_\"> </span>other <span class=\"_\"> </span>liabilities</span> <span class=\"_\"> </span>and <span class=\"_ _17\"> </span>are <span class=\"_\"> </span>now <span class=\"_\"> </span>included <span class=\"_ _1c\"> </span>in <span class=\"_ _17\"> </span><span class=\"ff11\">Liabilities <span class=\"_ _1c\"> </span>for </span></span><span style=\"display:inherit;clear:left;\">insurance <span class=\"_ _16\"> </span>contracts<span class=\"ff4\">. <span class=\"_ _13\"></span>This <span class=\"_ _17\"> </span>reclassification <span class=\"_ _17\"> </span>a<span class=\"ff1c\">ff</span>ects <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>23 <span class=\"_\"> </span>Assets <span class=\"_ _17\"> </span>from <span class=\"_ _17\"> </span>reinsurance <span class=\"_\"> </span>contracts <span class=\"_ _17\"> </span>held <span class=\"_ _17\"> </span>and <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>29 </span></span><span style=\"display:inherit;clear:left;\">Accounts <span class=\"_ _14\"></span>payable <span class=\"_ _18\"> </span>and other liabilities. </span><span style=\"display:inherit;clear:left;\">Liabilities <span class=\"ws55\">arising <span class=\"ws0\">from <span class=\"_ _95\"></span><span class=\"ws56\">insurance <span class=\"ws57\">contract <span class=\"ws58\">operating <span class=\"_ _2\"></span><span class=\"ws0\">expenses <span class=\"_ _95\"></span><span class=\"ws59\">amounting <span class=\"ws0\">to <span class=\"_ _95\"></span><span class=\"ws5a\">ISK <span class=\"ws5b\">910 <span class=\"ws5c\">million <span class=\"ws0\">were <span class=\"_ _3\"></span><span class=\"ws5d\">previously <span class=\"ws0\">presented </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">under <span class=\"ff11 ws5f\">Accounts <span class=\"ws60\">payable <span class=\"ws61\">and <span class=\"ws62\">other <span class=\"ws0\">liabilities</span></span></span></span></span><span class=\"lse ws63\"> </span></span><span style=\"display:inherit;clear:left;\">and <span class=\"ws65\">are <span class=\"ws66\">now <span class=\"ws67\">included <span class=\"_ _2\"></span></span></span></span>in </span><span style=\"display:inherit;clear:left;\">Liabilities </span><span style=\"display:inherit;clear:left;\">for </span><span style=\"display:inherit;clear:left;\">insurance </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ff4\">. <span class=\"_ _1c\"> </span>This </span></span><span style=\"display:inherit;clear:left;\">reclassification <span class=\"ws0\">a<span class=\"ff1d\">ff</span><span class=\"ws6c\">ects <span class=\"ws6d\">Note <span class=\"ws6e\">25 <span class=\"ws6f\">Insurance <span class=\"ws70\">contracts <span class=\"_ _2\"></span><span class=\"ws71\">, <span class=\"ws72\">Note </span></span></span></span>29 <span class=\"ws73\">Accounts <span class=\"ws72\">payable <span class=\"ws74\">and <span class=\"ws75\">other <span class=\"ws76\">liabilities </span></span>and </span></span></span></span>Note </span></span>35.7 </span></span><span style=\"display:inherit;clear:left;\">Liquidity risk. </span><span style=\"display:inherit;clear:left;\">These adjustments do not a<span class=\"_ _2\"></span><span class=\"ff1e\">ff</span>ect the insurance service result, pro<span class=\"_ _13\"></span>fit for the year<span class=\"_ _1\"></span>, or total equit<span class=\"_ _0\"></span><span class=\"lsf\">y<span class=\"ls0\">. They improve the </span></span></span><span style=\"display:inherit;clear:left;\">classifi<span class=\"_ _2\"></span>cation and accuracy of the comparative information presented.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__19": {
   "value": "<span style=\"display:inherit;clear:left;\">2.<span class=\"_\"> </span><span class=\"ws24\">Basis <span class=\"ws25\">of <span class=\"ws0\">preparation</span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>consolidated <span class=\"_ _18\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls7 ws26\"> </span>statements <span class=\"_\"> </span>have <span class=\"_ _18\"> </span>been <span class=\"_\"> </span>prepared <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>accordance <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>IFRS\u00ae <span class=\"_\"> </span>Accounting <span class=\"_ _16\"> </span>Standards <span class=\"_ _16\"> </span>as </span><span style=\"display:inherit;clear:left;\">adopted <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>European <span class=\"_ _13\"></span>Union <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>additional <span class=\"_ _13\"></span>requirements <span class=\"_ _14\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Icelandic <span class=\"_ _14\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _13\"></span>Act </span><span style=\"display:inherit;clear:left;\">No. <span class=\"_ _14\"></span>3/2006. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>financial<span class=\"ls8 ws27\"> </span>statements <span class=\"_ _18\"></span>were <span class=\"_ _14\"></span>approved <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>authorized <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>publication <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>meeting <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Board <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">Directors on 18 February 2026. A summary of material accounting policies of the Group is provided in note 39. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of pro<span class=\"_ _13\"></span>fit and loss </span><span style=\"display:inherit;clear:left;\">Certain items within the income statement have been reclassi<span class=\"_ _13\"></span>fied to improve presentation. </span><span style=\"display:inherit;clear:left;\">Income <span class=\"ws29\">relating <span class=\"ws2a\">to <span class=\"ws2b\">card <span class=\"ws2c\">and <span class=\"ws2d\">collection <span class=\"ws2e\">fees <span class=\"ws2f\">in <span class=\"ws30\">the <span class=\"ws31\">amount <span class=\"_ _2\"></span><span class=\"ws32\">of <span class=\"ws33\">ISK </span></span></span></span></span></span></span></span></span>102 <span class=\"ws34\">million, <span class=\"ws35\">previously <span class=\"ws36\">presented <span class=\"ws37\">within <span class=\"ws0\">finance </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">income, </span><span style=\"display:inherit;clear:left;\">is </span><span style=\"display:inherit;clear:left;\">now <span class=\"ws0\">presente<span class=\"_ _13\"></span><span class=\"ls9\">d<span class=\"lsa ws3b\"> </span></span><span class=\"ws3c\">under <span class=\"ws3d\">other </span></span>income. <span class=\"_\"> </span><span class=\"ws3e\">Furthermore, <span class=\"ws3f\">certain </span></span>expenses <span class=\"_ _16\"> </span><span class=\"ws40\">previously <span class=\"ws41\">classified <span class=\"ws42\">within </span></span></span>finance </span></span><span style=\"display:inherit;clear:left;\">items <span class=\"ws44\">in <span class=\"ws45\">the <span class=\"ws46\">amount <span class=\"ws47\">of <span class=\"ws48\">ISK <span class=\"ws49\">119 <span class=\"ws4a\">million <span class=\"ws4b\">have <span class=\"ws4c\">been <span class=\"ws4d\">reclassified <span class=\"_ _2\"></span></span></span></span></span></span></span></span></span></span>to <span class=\"ws4e\">other <span class=\"ws4f\">expenses. <span class=\"ws4b\">The <span class=\"ws50\">net <span class=\"ws0\">e<span class=\"ff1a\">ff</span><span class=\"ws51\">ect <span class=\"ws47\">of <span class=\"ws52\">these </span></span></span>reclassifications </span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">is not material and has no impact on profit for the year<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _15\"> </span>addition, <span class=\"_ _8\"> </span>a <span class=\"_ _15\"> </span>misstatement <span class=\"_ _15\"> </span>in <span class=\"_ _8\"> </span>the <span class=\"_ _15\"> </span>calculation <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>diluted <span class=\"_ _15\"> </span>earnings <span class=\"_ _8\"> </span>per <span class=\"_ _15\"> </span>share <span class=\"_ _15\"> </span>for <span class=\"_ _8\"> </span>2024 <span class=\"_ _15\"> </span>has <span class=\"_ _15\"> </span>been <span class=\"_ _15\"> </span>corrected. </span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _14\"></span>relating <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>stock <span class=\"_ _14\"></span>options <span class=\"_ _14\"></span>were <span class=\"_ _14\"></span>previously <span class=\"_ _14\"></span>overstated. <span class=\"_ _14\"></span>Diluted <span class=\"_ _14\"></span>earnings <span class=\"_ _14\"></span>per <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>for <span class=\"_ _14\"></span>2024 <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>ISK <span class=\"_ _14\"></span>1.19 </span><span style=\"display:inherit;clear:left;\">compared to ISK 1.16 as previously reported. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of <span class=\"_ _13\"></span>financial position </span><span style=\"display:inherit;clear:left;\">During the preparation of the <span class=\"_ _13\"></span>financial statements, certain comparative <span class=\"_ _13\"></span>fi<span class=\"_ _2\"></span>gures in the Statement of Financial </span><span style=\"display:inherit;clear:left;\">Position and related disclosures have been reclassi<span class=\"_ _13\"></span>fied to improve presentation and consisten<span class=\"_ _2\"></span><span class=\"lsb\">c<span class=\"lsc\">y</span></span>. </span><span style=\"display:inherit;clear:left;\">Currency <span class=\"_ _18\"></span>forwards <span class=\"_ _14\"></span>amounting <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>ISK <span class=\"_ _18\"> </span>499 <span class=\"_ _14\"></span>million <span class=\"_ _18\"> </span>were <span class=\"_ _18\"> </span>previously <span class=\"_ _18\"> </span>presented <span class=\"_ _18\"> </span>under <span class=\"_ _18\"></span><span class=\"ff11\">Other <span class=\"_ _14\"></span>receivables<span class=\"_ _2\"></span></span><span class=\"lsd ws53\"> </span>and <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>now </span><span style=\"display:inherit;clear:left;\">classified <span class=\"_ _15\"> </span>as <span class=\"_ _8\"> </span>part <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span><span class=\"ff11\">Financial <span class=\"_ _15\"> </span>assets</span>. <span class=\"_ _8\"> </span>This <span class=\"_ _15\"> </span>reclassification <span class=\"_ _8\"> </span>a<span class=\"ff1b\">ff</span>ects <span class=\"_ _15\"> </span>Note <span class=\"_ _8\"> </span>14 <span class=\"_ _15\"> </span>Financial <span class=\"_ _15\"> </span>assets, <span class=\"_ _8\"> </span>Note <span class=\"_ _15\"> </span>24 <span class=\"_ _8\"> </span>Other </span><span style=\"display:inherit;clear:left;\">receivables <span class=\"_\"> </span>and <span class=\"_ _1c\"> </span>Note <span class=\"_ _15\"> </span>34 <span class=\"_ _15\"> </span>Financial <span class=\"_ _1c\"> </span>instruments. <span class=\"_ _15\"> </span>Reinsurance <span class=\"_ _15\"> </span>contract <span class=\"_ _1c\"> </span>liabilities <span class=\"_ _15\"> </span>amounting <span class=\"_ _15\"> </span>to <span class=\"_ _1c\"> </span>ISK <span class=\"_ _15\"> </span>102 <span class=\"_ _15\"> </span>million </span><span style=\"display:inherit;clear:left;\">were <span class=\"_ _15\"> </span>previously <span class=\"_\"> </span>presented <span class=\"_ _15\"> </span>under <span class=\"_\"> </span><span class=\"ff11\">Accounts <span class=\"_ _1c\"> </span>payable <span class=\"_\"> </span>and <span class=\"_\"> </span>other <span class=\"_\"> </span>liabilities</span> <span class=\"_\"> </span>and <span class=\"_ _17\"> </span>are <span class=\"_\"> </span>now <span class=\"_\"> </span>included <span class=\"_ _1c\"> </span>in <span class=\"_ _17\"> </span><span class=\"ff11\">Liabilities <span class=\"_ _1c\"> </span>for </span></span><span style=\"display:inherit;clear:left;\">insurance <span class=\"_ _16\"> </span>contracts<span class=\"ff4\">. <span class=\"_ _13\"></span>This <span class=\"_ _17\"> </span>reclassification <span class=\"_ _17\"> </span>a<span class=\"ff1c\">ff</span>ects <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>23 <span class=\"_\"> </span>Assets <span class=\"_ _17\"> </span>from <span class=\"_ _17\"> </span>reinsurance <span class=\"_\"> </span>contracts <span class=\"_ _17\"> </span>held <span class=\"_ _17\"> </span>and <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>29 </span></span><span style=\"display:inherit;clear:left;\">Accounts <span class=\"_ _14\"></span>payable <span class=\"_ _18\"> </span>and other liabilities. </span><span style=\"display:inherit;clear:left;\">Liabilities <span class=\"ws55\">arising <span class=\"ws0\">from <span class=\"_ _95\"></span><span class=\"ws56\">insurance <span class=\"ws57\">contract <span class=\"ws58\">operating <span class=\"_ _2\"></span><span class=\"ws0\">expenses <span class=\"_ _95\"></span><span class=\"ws59\">amounting <span class=\"ws0\">to <span class=\"_ _95\"></span><span class=\"ws5a\">ISK <span class=\"ws5b\">910 <span class=\"ws5c\">million <span class=\"ws0\">were <span class=\"_ _3\"></span><span class=\"ws5d\">previously <span class=\"ws0\">presented </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">under <span class=\"ff11 ws5f\">Accounts <span class=\"ws60\">payable <span class=\"ws61\">and <span class=\"ws62\">other <span class=\"ws0\">liabilities</span></span></span></span></span><span class=\"lse ws63\"> </span></span><span style=\"display:inherit;clear:left;\">and <span class=\"ws65\">are <span class=\"ws66\">now <span class=\"ws67\">included <span class=\"_ _2\"></span></span></span></span>in </span><span style=\"display:inherit;clear:left;\">Liabilities </span><span style=\"display:inherit;clear:left;\">for </span><span style=\"display:inherit;clear:left;\">insurance </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ff4\">. <span class=\"_ _1c\"> </span>This </span></span><span style=\"display:inherit;clear:left;\">reclassification <span class=\"ws0\">a<span class=\"ff1d\">ff</span><span class=\"ws6c\">ects <span class=\"ws6d\">Note <span class=\"ws6e\">25 <span class=\"ws6f\">Insurance <span class=\"ws70\">contracts <span class=\"_ _2\"></span><span class=\"ws71\">, <span class=\"ws72\">Note </span></span></span></span>29 <span class=\"ws73\">Accounts <span class=\"ws72\">payable <span class=\"ws74\">and <span class=\"ws75\">other <span class=\"ws76\">liabilities </span></span>and </span></span></span></span>Note </span></span>35.7 </span></span><span style=\"display:inherit;clear:left;\">Liquidity risk. </span><span style=\"display:inherit;clear:left;\">These adjustments do not a<span class=\"_ _2\"></span><span class=\"ff1e\">ff</span>ect the insurance service result, pro<span class=\"_ _13\"></span>fit for the year<span class=\"_ _1\"></span>, or total equit<span class=\"_ _0\"></span><span class=\"lsf\">y<span class=\"ls0\">. They improve the </span></span></span><span style=\"display:inherit;clear:left;\">classifi<span class=\"_ _2\"></span>cation and accuracy of the comparative information presented.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__18": {
   "value": "<span style=\"display:inherit;clear:left;\">2.<span class=\"_\"> </span><span class=\"ws24\">Basis <span class=\"ws25\">of <span class=\"ws0\">preparation</span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>consolidated <span class=\"_ _18\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls7 ws26\"> </span>statements <span class=\"_\"> </span>have <span class=\"_ _18\"> </span>been <span class=\"_\"> </span>prepared <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>accordance <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>IFRS\u00ae <span class=\"_\"> </span>Accounting <span class=\"_ _16\"> </span>Standards <span class=\"_ _16\"> </span>as </span><span style=\"display:inherit;clear:left;\">adopted <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>European <span class=\"_ _13\"></span>Union <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>additional <span class=\"_ _13\"></span>requirements <span class=\"_ _14\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Icelandic <span class=\"_ _14\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _13\"></span>Act </span><span style=\"display:inherit;clear:left;\">No. <span class=\"_ _14\"></span>3/2006. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>financial<span class=\"ls8 ws27\"> </span>statements <span class=\"_ _18\"></span>were <span class=\"_ _14\"></span>approved <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>authorized <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>publication <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>meeting <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Board <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">Directors on 18 February 2026. A summary of material accounting policies of the Group is provided in note 39. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of pro<span class=\"_ _13\"></span>fit and loss </span><span style=\"display:inherit;clear:left;\">Certain items within the income statement have been reclassi<span class=\"_ _13\"></span>fied to improve presentation. </span><span style=\"display:inherit;clear:left;\">Income <span class=\"ws29\">relating <span class=\"ws2a\">to <span class=\"ws2b\">card <span class=\"ws2c\">and <span class=\"ws2d\">collection <span class=\"ws2e\">fees <span class=\"ws2f\">in <span class=\"ws30\">the <span class=\"ws31\">amount <span class=\"_ _2\"></span><span class=\"ws32\">of <span class=\"ws33\">ISK </span></span></span></span></span></span></span></span></span>102 <span class=\"ws34\">million, <span class=\"ws35\">previously <span class=\"ws36\">presented <span class=\"ws37\">within <span class=\"ws0\">finance </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">income, </span><span style=\"display:inherit;clear:left;\">is </span><span style=\"display:inherit;clear:left;\">now <span class=\"ws0\">presente<span class=\"_ _13\"></span><span class=\"ls9\">d<span class=\"lsa ws3b\"> </span></span><span class=\"ws3c\">under <span class=\"ws3d\">other </span></span>income. <span class=\"_\"> </span><span class=\"ws3e\">Furthermore, <span class=\"ws3f\">certain </span></span>expenses <span class=\"_ _16\"> </span><span class=\"ws40\">previously <span class=\"ws41\">classified <span class=\"ws42\">within </span></span></span>finance </span></span><span style=\"display:inherit;clear:left;\">items <span class=\"ws44\">in <span class=\"ws45\">the <span class=\"ws46\">amount <span class=\"ws47\">of <span class=\"ws48\">ISK <span class=\"ws49\">119 <span class=\"ws4a\">million <span class=\"ws4b\">have <span class=\"ws4c\">been <span class=\"ws4d\">reclassified <span class=\"_ _2\"></span></span></span></span></span></span></span></span></span></span>to <span class=\"ws4e\">other <span class=\"ws4f\">expenses. <span class=\"ws4b\">The <span class=\"ws50\">net <span class=\"ws0\">e<span class=\"ff1a\">ff</span><span class=\"ws51\">ect <span class=\"ws47\">of <span class=\"ws52\">these </span></span></span>reclassifications </span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">is not material and has no impact on profit for the year<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _15\"> </span>addition, <span class=\"_ _8\"> </span>a <span class=\"_ _15\"> </span>misstatement <span class=\"_ _15\"> </span>in <span class=\"_ _8\"> </span>the <span class=\"_ _15\"> </span>calculation <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>diluted <span class=\"_ _15\"> </span>earnings <span class=\"_ _8\"> </span>per <span class=\"_ _15\"> </span>share <span class=\"_ _15\"> </span>for <span class=\"_ _8\"> </span>2024 <span class=\"_ _15\"> </span>has <span class=\"_ _15\"> </span>been <span class=\"_ _15\"> </span>corrected. </span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _14\"></span>relating <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>stock <span class=\"_ _14\"></span>options <span class=\"_ _14\"></span>were <span class=\"_ _14\"></span>previously <span class=\"_ _14\"></span>overstated. <span class=\"_ _14\"></span>Diluted <span class=\"_ _14\"></span>earnings <span class=\"_ _14\"></span>per <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>for <span class=\"_ _14\"></span>2024 <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>ISK <span class=\"_ _14\"></span>1.19 </span><span style=\"display:inherit;clear:left;\">compared to ISK 1.16 as previously reported. </span><span style=\"display:inherit;clear:left;\">Disclosure note: Changes in the statement of <span class=\"_ _13\"></span>financial position </span><span style=\"display:inherit;clear:left;\">During the preparation of the <span class=\"_ _13\"></span>financial statements, certain comparative <span class=\"_ _13\"></span>fi<span class=\"_ _2\"></span>gures in the Statement of Financial </span><span style=\"display:inherit;clear:left;\">Position and related disclosures have been reclassi<span class=\"_ _13\"></span>fied to improve presentation and consisten<span class=\"_ _2\"></span><span class=\"lsb\">c<span class=\"lsc\">y</span></span>. </span><span style=\"display:inherit;clear:left;\">Currency <span class=\"_ _18\"></span>forwards <span class=\"_ _14\"></span>amounting <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>ISK <span class=\"_ _18\"> </span>499 <span class=\"_ _14\"></span>million <span class=\"_ _18\"> </span>were <span class=\"_ _18\"> </span>previously <span class=\"_ _18\"> </span>presented <span class=\"_ _18\"> </span>under <span class=\"_ _18\"></span><span class=\"ff11\">Other <span class=\"_ _14\"></span>receivables<span class=\"_ _2\"></span></span><span class=\"lsd ws53\"> </span>and <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>now </span><span style=\"display:inherit;clear:left;\">classified <span class=\"_ _15\"> </span>as <span class=\"_ _8\"> </span>part <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span><span class=\"ff11\">Financial <span class=\"_ _15\"> </span>assets</span>. <span class=\"_ _8\"> </span>This <span class=\"_ _15\"> </span>reclassification <span class=\"_ _8\"> </span>a<span class=\"ff1b\">ff</span>ects <span class=\"_ _15\"> </span>Note <span class=\"_ _8\"> </span>14 <span class=\"_ _15\"> </span>Financial <span class=\"_ _15\"> </span>assets, <span class=\"_ _8\"> </span>Note <span class=\"_ _15\"> </span>24 <span class=\"_ _8\"> </span>Other </span><span style=\"display:inherit;clear:left;\">receivables <span class=\"_\"> </span>and <span class=\"_ _1c\"> </span>Note <span class=\"_ _15\"> </span>34 <span class=\"_ _15\"> </span>Financial <span class=\"_ _1c\"> </span>instruments. <span class=\"_ _15\"> </span>Reinsurance <span class=\"_ _15\"> </span>contract <span class=\"_ _1c\"> </span>liabilities <span class=\"_ _15\"> </span>amounting <span class=\"_ _15\"> </span>to <span class=\"_ _1c\"> </span>ISK <span class=\"_ _15\"> </span>102 <span class=\"_ _15\"> </span>million </span><span style=\"display:inherit;clear:left;\">were <span class=\"_ _15\"> </span>previously <span class=\"_\"> </span>presented <span class=\"_ _15\"> </span>under <span class=\"_\"> </span><span class=\"ff11\">Accounts <span class=\"_ _1c\"> </span>payable <span class=\"_\"> </span>and <span class=\"_\"> </span>other <span class=\"_\"> </span>liabilities</span> <span class=\"_\"> </span>and <span class=\"_ _17\"> </span>are <span class=\"_\"> </span>now <span class=\"_\"> </span>included <span class=\"_ _1c\"> </span>in <span class=\"_ _17\"> </span><span class=\"ff11\">Liabilities <span class=\"_ _1c\"> </span>for </span></span><span style=\"display:inherit;clear:left;\">insurance <span class=\"_ _16\"> </span>contracts<span class=\"ff4\">. <span class=\"_ _13\"></span>This <span class=\"_ _17\"> </span>reclassification <span class=\"_ _17\"> </span>a<span class=\"ff1c\">ff</span>ects <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>23 <span class=\"_\"> </span>Assets <span class=\"_ _17\"> </span>from <span class=\"_ _17\"> </span>reinsurance <span class=\"_\"> </span>contracts <span class=\"_ _17\"> </span>held <span class=\"_ _17\"> </span>and <span class=\"_\"> </span>Note <span class=\"_ _17\"> </span>29 </span></span><span style=\"display:inherit;clear:left;\">Accounts <span class=\"_ _14\"></span>payable <span class=\"_ _18\"> </span>and other liabilities. </span><span style=\"display:inherit;clear:left;\">Liabilities <span class=\"ws55\">arising <span class=\"ws0\">from <span class=\"_ _95\"></span><span class=\"ws56\">insurance <span class=\"ws57\">contract <span class=\"ws58\">operating <span class=\"_ _2\"></span><span class=\"ws0\">expenses <span class=\"_ _95\"></span><span class=\"ws59\">amounting <span class=\"ws0\">to <span class=\"_ _95\"></span><span class=\"ws5a\">ISK <span class=\"ws5b\">910 <span class=\"ws5c\">million <span class=\"ws0\">were <span class=\"_ _3\"></span><span class=\"ws5d\">previously <span class=\"ws0\">presented </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">under <span class=\"ff11 ws5f\">Accounts <span class=\"ws60\">payable <span class=\"ws61\">and <span class=\"ws62\">other <span class=\"ws0\">liabilities</span></span></span></span></span><span class=\"lse ws63\"> </span></span><span style=\"display:inherit;clear:left;\">and <span class=\"ws65\">are <span class=\"ws66\">now <span class=\"ws67\">included <span class=\"_ _2\"></span></span></span></span>in </span><span style=\"display:inherit;clear:left;\">Liabilities </span><span style=\"display:inherit;clear:left;\">for </span><span style=\"display:inherit;clear:left;\">insurance </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ff4\">. <span class=\"_ _1c\"> </span>This </span></span><span style=\"display:inherit;clear:left;\">reclassification <span class=\"ws0\">a<span class=\"ff1d\">ff</span><span class=\"ws6c\">ects <span class=\"ws6d\">Note <span class=\"ws6e\">25 <span class=\"ws6f\">Insurance <span class=\"ws70\">contracts <span class=\"_ _2\"></span><span class=\"ws71\">, <span class=\"ws72\">Note </span></span></span></span>29 <span class=\"ws73\">Accounts <span class=\"ws72\">payable <span class=\"ws74\">and <span class=\"ws75\">other <span class=\"ws76\">liabilities </span></span>and </span></span></span></span>Note </span></span>35.7 </span></span><span style=\"display:inherit;clear:left;\">Liquidity risk. </span><span style=\"display:inherit;clear:left;\">These adjustments do not a<span class=\"_ _2\"></span><span class=\"ff1e\">ff</span>ect the insurance service result, pro<span class=\"_ _13\"></span>fit for the year<span class=\"_ _1\"></span>, or total equit<span class=\"_ _0\"></span><span class=\"lsf\">y<span class=\"ls0\">. They improve the </span></span></span><span style=\"display:inherit;clear:left;\">classifi<span class=\"_ _2\"></span>cation and accuracy of the comparative information presented.</span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__22": {
   "value": "<span style=\"display:inherit;clear:left;\">3.<span class=\"_\"> </span><span class=\"ws0\">Functional and pre<span class=\"_ _0\"></span>sentation curr<span class=\"_ _0\"></span>ency</span></span><span style=\"display:inherit;clear:left;\">The consolid<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted financial <span class=\"_ _0\"></span>statements are <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>repar<span class=\"_ _0\"></span>ed and presented <span class=\"_ _0\"></span>in Icelandic kr\u00f3nur (ISK), which is <span class=\"_ _0\"></span>the Company's </span><span style=\"display:inherit;clear:left;\">functional <span class=\"_ _2\"></span>currenc<span class=\"ls10\">y</span>. All amounts are presented in thousands o<span class=\"_ _2\"></span>f ISK unless other<span class=\"_ _2\"></span>wise stated.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__24": {
   "value": "<span style=\"display:inherit;clear:left;\">4.<span class=\"_\"> </span><span class=\"ws0\">Accounting estimate<span class=\"_ _0\"></span>s and judgements</span></span><span style=\"display:inherit;clear:left;\">Preparing <span class=\"_ _2\"></span>consolidated <span class=\"_ _2\"></span>financial <span class=\"_ _13\"></span>statements <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>IFRS <span class=\"_ _13\"></span>Accounting <span class=\"_ _2\"></span>Standards <span class=\"_ _2\"></span>requires <span class=\"_ _2\"></span>management </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _13\"></span>make <span class=\"_ _13\"></span>assumptions, <span class=\"_ _13\"></span>estimates <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>apply <span class=\"_ _13\"></span>judgements <span class=\"_ _14\"></span>that <span class=\"_ _13\"></span>a<span class=\"ff1f\">ff</span>ect <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>liabilities <span class=\"_ _14\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>reporting <span class=\"_ _13\"></span>date, </span><span style=\"display:inherit;clear:left;\">disclosures<span class=\"_ _0\"></span><span class=\"ls11 ws7a\"> <span class=\"ls0 ws0\">in</span> <span class=\"ls0 ws0\">no<span class=\"_ _2\"></span>tes</span> <span class=\"ls0 ws0\">and</span> <span class=\"ls0 ws0\">inc<span class=\"_ _2\"></span>ome</span> <span class=\"ls0 ws0\">and</span> <span class=\"ls0 ws0\">expenses.<span class=\"ls12 ws7b\"> </span>Estimates<span class=\"ls12 ws7b\"> </span>and</span> <span class=\"ls0 ws0\">judgemen<span class=\"_ _2\"></span>ts</span> <span class=\"ls0 ws0\">are<span class=\"ls12 ws7b\"> </span>b<span class=\"_ _0\"></span>ased<span class=\"ls11 ws7a\"> </span>o<span class=\"_ _2\"></span>n<span class=\"ls11 ws7a\"> </span>experience<span class=\"ls11 ws7a\"> </span>an<span class=\"_ _2\"></span>d<span class=\"ls11 ws7a\"> </span>various </span></span></span><span style=\"display:inherit;clear:left;\">other factors that are considered<span class=\"_ _2\"></span> appropria<span class=\"_ _0\"></span>te and form the <span class=\"_ _2\"></span>basis of decisions m<span class=\"_ _2\"></span>ade regar<span class=\"_ _0\"></span>ding the <span class=\"_ _2\"></span>reported amounts </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilities <span class=\"_ _2\"></span>not<span class=\"_ _2\"></span> ev<span class=\"_ _2\"></span>ident <span class=\"_ _2\"></span>by o<span class=\"_ _2\"></span>ther <span class=\"_ _2\"></span>mean<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Management <span class=\"_ _13\"></span>distinguishes <span class=\"_ _2\"></span>between <span class=\"_ _2\"></span>areas <span class=\"_ _2\"></span>involving <span class=\"_ _13\"></span>significant </span><span style=\"display:inherit;clear:left;\">judgement<span class=\"ff4\">\u2014those requiring interpretation or choice between accounting treatments\u2014and </span>estimates<span class=\"ff4\">, which involv<span class=\"_ _0\"></span>e </span></span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s about future events and<span class=\"_ _2\"></span> measurement uncert<span class=\"_ _2\"></span>aint<span class=\"ls10\">y</span>. </span><span style=\"display:inherit;clear:left;\">Estimates<span class=\"ls13 ws7c\"> </span>and <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sumptio<span class=\"_ _2\"></span>ns<span class=\"ls13 ws7c\"> </span>are<span class=\"ls13 ws7c\"> </span>reviewed<span class=\"ls13 ws7c\"> </span>regu<span class=\"_ _0\"></span>larl<span class=\"ls1\">y</span>.<span class=\"ls13 ws7c\"> </span>Cha<span class=\"_ _2\"></span>nges<span class=\"ls13 ws7c\"> </span>in<span class=\"ls13 ws7c\"> </span>accounting<span class=\"ls13 ws7c\"> </span>estimates<span class=\"ls13 ws7c\"> </span>are<span class=\"ls13 ws7c\"> </span>recognized<span class=\"ls13 ws7c\"> </span>in<span class=\"ls13 ws7c\"> </span>the <span class=\"_ _13\"></span>period </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>they are <span class=\"_ _2\"></span>revised. <span class=\"_ _2\"></span>Key judgements <span class=\"_ _2\"></span>and estim<span class=\"_ _2\"></span>ation unc<span class=\"_ _2\"></span>ertainties <span class=\"_ _2\"></span>specific <span class=\"_ _2\"></span>to S<span class=\"_ _2\"></span>kagi\u2019<span class=\"_ _1\"></span>s operations ar<span class=\"_ _2\"></span>e summari<span class=\"_ _2\"></span>sed </span><span style=\"display:inherit;clear:left;\">below<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Management has made assumptions and acco<span class=\"_ _2\"></span>unting estimates <span class=\"_ _0\"></span>regar<span class=\"_ _0\"></span>ding the following items that mat<span class=\"_ _0\"></span>erially impact </span><span style=\"display:inherit;clear:left;\">the Group's <span class=\"_ _0\"></span>financial statements: </span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Financial instruments, see notes no. 14. and 34.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Loans to customers no. 16.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Intangible <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets, see note no<span class=\"_ _0\"></span>. 21.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Liability d<span class=\"_ _2\"></span>ue to insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce contracts, see note no<span class=\"_ _0\"></span>. 25.</span><span style=\"display:inherit;clear:left;\">Financial instrum<span class=\"_ _2\"></span>ents </span><span style=\"display:inherit;clear:left;\">Business model assess<span class=\"_ _0\"></span>men<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls14 ws7d\"> </span>classification<span class=\"ls13 ws7c\"> </span>and<span class=\"ls14 ws7d\"> </span>m<span class=\"_ _2\"></span>easurement <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>struments<span class=\"ls14 ws7d\"> </span>de<span class=\"_ _2\"></span>pend<span class=\"ls14 ws7d\"> </span>on<span class=\"ls13 ws7c\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls11 ws7a\"> </span>resu<span class=\"_ _0\"></span>lts<span class=\"ls14 ws7d\"> </span>of <span class=\"_ _13\"></span>the<span class=\"ls14 ws7d\"> </span>SPPI<span class=\"ls14 ws7d\"> <span class=\"_ _2\"></span></span>and<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>busin<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_\"> </span>tests. <span class=\"_ _17\"> </span>Judgement <span class=\"_ _17\"> </span>is <span class=\"_\"> </span>required <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>assessing <span class=\"_ _17\"> </span>the <span class=\"_\"> </span>relevant <span class=\"_ _17\"> </span>evidence <span class=\"_ _17\"> </span>including <span class=\"_\"> </span>how <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>performance <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>the </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _15\"> </span>is <span class=\"_ _8\"> </span>evaluated <span class=\"_ _15\"> </span>and <span class=\"_ _15\"> </span>their <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>is <span class=\"_ _8\"> </span>measured, <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>risks <span class=\"_ _8\"> </span>that <span class=\"_ _15\"> </span>a<span class=\"ff20\">ff</span>ect <span class=\"_ _15\"> </span>the <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>the </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>how <span class=\"_ _18\"> </span>these <span class=\"_ _18\"> </span>are <span class=\"_ _16\"> </span>managed <span class=\"_ _18\"></span>and <span class=\"_ _18\"></span>how <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>managers <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>instruments <span class=\"_ _16\"> </span>are <span class=\"_ _18\"></span>compensated. <span class=\"_ _18\"> </span>Refer <span class=\"_ _18\"> </span>to </span><span style=\"display:inherit;clear:left;\">notes <span class=\"_ _14\"></span>34 <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>38.13 <span class=\"_ _18\"></span>for <span class=\"_ _2\"></span>further <span class=\"_ _2\"></span>information <span class=\"_ _2\"></span>regarding <span class=\"_ _13\"></span>classification <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>instruments. <span class=\"_ _2\"></span>Management <span class=\"_ _13\"></span>regularly </span><span style=\"display:inherit;clear:left;\">reassesses <span class=\"_ _15\"> </span>the <span class=\"_ _28\"> </span>business <span class=\"_ _8\"> </span>model <span class=\"_ _1b\"> </span>for <span class=\"_ _1b\"> </span>each <span class=\"_ _8\"> </span>portfolio <span class=\"_ _1b\"> </span>to <span class=\"_ _8\"> </span>ensure <span class=\"_ _1b\"> </span>classification <span class=\"_ _1b\"> </span>remains <span class=\"_ _8\"> </span>consistent <span class=\"_ _1b\"> </span>with <span class=\"_ _1b\"> </span>actual </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _0\"></span>practices and strategic objectives. </span><span style=\"display:inherit;clear:left;\">Fair value measurement<span class=\"ff4 ws7e\"> </span></span><span style=\"display:inherit;clear:left;\">In estimating the fair value of a financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et or a l<span class=\"_ _2\"></span>iabilit<span class=\"ls15\">y</span>, the Group uses<span class=\"_ _0\"></span> market-obser<span class=\"_ _2\"></span>vable d<span class=\"_ _2\"></span>ata t<span class=\"_ _0\"></span>o the extent it is </span><span style=\"display:inherit;clear:left;\">available. Where <span class=\"_ _2\"></span>quoted <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es in <span class=\"_ _2\"></span>active <span class=\"_ _2\"></span>markets for <span class=\"_ _2\"></span>identical <span class=\"_ _2\"></span>assets are <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>available<span class=\"_ _2\"></span> the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>uses other<span class=\"_ _2\"></span> market </span><span style=\"display:inherit;clear:left;\">observable<span class=\"_ _2\"></span><span class=\"ls16 ws7f\"> </span>inputs<span class=\"ls16 ws7f\"> </span>and<span class=\"ls16 ws7f\"> </span>lastly<span class=\"ls16 ws7f\"> </span>unobser<span class=\"_ _2\"></span>vable<span class=\"ls16 ws7f\"> </span>inputs.<span class=\"ls16 ws7f\"> </span>Refer<span class=\"ls16 ws7f\"> </span>to<span class=\"ls16 ws7f\"> </span>notes<span class=\"ls17 ws80\"> </span>34<span class=\"ls16 ws7f\"> </span>and<span class=\"ls16 ws7f\"> </span>39.13 <span class=\"_ _17\"> </span>for <span class=\"_ _17\"> </span>more<span class=\"ls18 ws81\"> </span>details<span class=\"ls18 ws81\"> </span>on <span class=\"_\"> </span>fair<span class=\"ls16 ws7f\"> </span>value </span><span style=\"display:inherit;clear:left;\">measurement. </span><span style=\"display:inherit;clear:left;\">Goodwill </span><span style=\"display:inherit;clear:left;\">Goodwill <span class=\"_ _18\"> </span>arises <span class=\"_ _18\"> </span>in <span class=\"_ _18\"> </span>business <span class=\"_ _18\"> </span>comb<span class=\"_ _2\"></span>inations. <span class=\"_ _14\"></span>Good<span class=\"_ _2\"></span>will <span class=\"_ _18\"></span>is <span class=\"_ _18\"></span>measured <span class=\"_ _18\"></span>as <span class=\"_ _14\"></span>the <span class=\"_ _16\"> </span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>sum <span class=\"_ _18\"></span>of <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>considera<span class=\"_ _0\"></span>tio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">tr<span class=\"_ _0\"></span>ansferred, the amount <span class=\"_ _0\"></span>of any non-<span class=\"_ _2\"></span>controlling interest <span class=\"_ _0\"></span>in the acquiree<span class=\"_ _0\"></span>, and the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lue of the acquirer\u2019<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>previously </span><span style=\"display:inherit;clear:left;\">held <span class=\"_ _14\"></span>equity <span class=\"_ _13\"></span>interest <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>acq<span class=\"_ _2\"></span>uiree <span class=\"_ _13\"></span>(if <span class=\"_ _13\"></span>any) <span class=\"_ _13\"></span>over <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>net <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>acquisition<span class=\"_ _2\"></span>-date <span class=\"_ _13\"></span>amounts <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>iden<span class=\"_ _2\"></span>tifi<span class=\"_ _0\"></span>able <span class=\"_ _14\"></span>assets<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">acquired <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>liabil<span class=\"_ _2\"></span>ities <span class=\"_ _13\"></span>assumed. <span class=\"_ _14\"></span>Goodw<span class=\"_ _2\"></span>ill <span class=\"_ _13\"></span>is <span class=\"_ _14\"></span>subje<span class=\"_ _2\"></span>ct <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>annu<span class=\"_ _2\"></span>al <span class=\"_ _13\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _14\"></span>testing, <span class=\"_ _14\"></span>or <span class=\"_ _14\"></span>more <span class=\"_ _14\"></span>frequently<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">there is an indication of im<span class=\"_ _2\"></span>pairment.  </span><span style=\"display:inherit;clear:left;\">Estimation <span class=\"_ _14\"></span>uncert<span class=\"_ _2\"></span>ainty <span class=\"_ _13\"></span>arises <span class=\"_ _14\"></span>prim<span class=\"_ _2\"></span>arily <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>assumption<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>regarding <span class=\"_ _13\"></span>future <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>\ufb02ows, <span class=\"_ _13\"></span>disco<span class=\"_ _2\"></span>unt <span class=\"_ _13\"></span>rate<span class=\"_ _0\"></span>s <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>growth<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s <span class=\"_\"> </span>used <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>tes<span class=\"_ _0\"></span>tin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>goodwill <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>other <span class=\"_ _17\"> </span>intangible <span class=\"_ _17\"> </span>assets <span class=\"_\"> </span>for <span class=\"_\"> </span>impairm<span class=\"_ _2\"></span>ent. <span class=\"_\"> </span>Managemen<span class=\"_ _2\"></span>t <span class=\"_\"> </span>reviews <span class=\"_ _17\"> </span>these </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s at least annually to ensure they<span class=\"_ _2\"></span> re<span class=\"_ _0\"></span>\ufb02ect current expectations and m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">For impairme<span class=\"_ _2\"></span>nt testing <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>goodwill, th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tes the <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>use <span class=\"_ _2\"></span>of certain <span class=\"_ _2\"></span>cash-genera<span class=\"_ _0\"></span>ting unit<span class=\"_ _2\"></span>s (\u201cCGUs\u201d). </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>alue <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>use <span class=\"_ _1\"></span>is the <span class=\"_ _1\"></span>present <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>alue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>estimated <span class=\"_ _0\"></span>future <span class=\"_ _1\"></span>cash \ufb02o<span class=\"_ _0\"></span>ws <span class=\"_ _1\"></span>expected t<span class=\"_ _0\"></span>o <span class=\"_ _1\"></span>arise from <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>CGU<span class=\"_ _0\"></span>, <span class=\"_ _1\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>such an <span class=\"_ _1\"></span>estimate </span><span style=\"display:inherit;clear:left;\">requires <span class=\"_ _16\"> </span>management <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>make <span class=\"_ _16\"> </span>certain <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sumptions. <span class=\"_\"> </span>The <span class=\"_\"> </span>methods, <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sumptions <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>k<span class=\"_ _0\"></span>ey <span class=\"_\"> </span>inputs <span class=\"_ _16\"> </span>applied <span class=\"_\"> </span>in <span class=\"_\"> </span>the </span><span style=\"display:inherit;clear:left;\">impairment testing of goodw<span class=\"_ _2\"></span>ill are further described <span class=\"_ _2\"></span>in note 21<span class=\"_ _0\"></span>.</span><span style=\"display:inherit;clear:left;\">Other intan<span class=\"_ _2\"></span>gible as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Judgement <span class=\"_\"> </span>is <span class=\"_\"> </span>required <span class=\"_\"> </span>in <span class=\"_ _16\"> </span>e<span class=\"_ _0\"></span>stimating <span class=\"_\"> </span>the <span class=\"_\"> </span>useful <span class=\"_\"> </span>lives<span class=\"_ _0\"></span> <span class=\"_\"> </span>of <span class=\"_\"> </span>intangible <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sets <span class=\"_\"> </span>and <span class=\"_\"> </span>ca<span class=\"_ _0\"></span>pitalisation <span class=\"_\"> </span>period <span class=\"_\"> </span>of <span class=\"_\"> </span>internal<span class=\"_ _0\"></span>ly </span><span style=\"display:inherit;clear:left;\">genera<span class=\"_ _0\"></span>ted intangible assets. </span><span style=\"display:inherit;clear:left;\">Customer relationships </span><span style=\"display:inherit;clear:left;\">Customer <span class=\"_ _2\"></span>relationships <span class=\"_ _2\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _2\"></span>acquired <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>part <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>acquisit<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>capit<span class=\"_ _2\"></span>alized an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>amortized <span class=\"_ _2\"></span>usin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">the straight-<span class=\"_ _0\"></span>line metho<span class=\"_ _2\"></span>d over their useful life of max<span class=\"_ _2\"></span>imum 10 years<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Brands </span><span style=\"display:inherit;clear:left;\">Br<span class=\"_ _0\"></span>ands <span class=\"_ _2\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _2\"></span>acq<span class=\"_ _2\"></span>uired <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>part <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>recent <span class=\"_ _13\"></span>acquisitions <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>capitalized <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>amortized <span class=\"_ _2\"></span>usin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>str<span class=\"_ _1\"></span>aight-l<span class=\"_ _2\"></span>ine </span><span style=\"display:inherit;clear:left;\">method over thei<span class=\"_ _2\"></span>r useful life but not ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eeding 20 years.  </span><span style=\"display:inherit;clear:left;\">Soft<span class=\"_ _2\"></span>ware </span><span style=\"display:inherit;clear:left;\">Software <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>omprises <span class=\"_ _14\"></span>acquired<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>software <span class=\"_ _14\"></span>licenc<span class=\"_ _2\"></span>es <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>ext<span class=\"_ _0\"></span>ernal <span class=\"_ _18\"></span>costs <span class=\"_ _13\"></span>associated <span class=\"_ _14\"></span>wit<span class=\"_ _2\"></span>h <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>developmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>bespoke </span><span style=\"display:inherit;clear:left;\">applications. </span><span style=\"display:inherit;clear:left;\">Developmen<span class=\"_ _2\"></span>t cost that has been<span class=\"_ _2\"></span> capitalized is amortized <span class=\"_ _2\"></span>on the day t<span class=\"_ _2\"></span>hat the product is <span class=\"_ _2\"></span>launched u<span class=\"_ _2\"></span>sing the straight-</span><span style=\"display:inherit;clear:left;\">line met<span class=\"_ _2\"></span>hod over their useful life but not ex<span class=\"_ _0\"></span>ceeding 10 ye<span class=\"_ _2\"></span>ars<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance Cont<span class=\"_ _2\"></span>r<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>ct Liabilit<span class=\"_ _2\"></span>ies </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls11 ws7a\"> </span>Group<span class=\"ls11 ws7a\"> </span>appli<span class=\"_ _2\"></span>es<span class=\"ls11 ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>Pr<span class=\"_ _0\"></span>emium<span class=\"ls11 ws7a\"> </span>Allocation <span class=\"_ _13\"></span>Ap<span class=\"_ _2\"></span>proach<span class=\"ls11 ws7a\"> </span>(P<span class=\"_ _1\"></span>AA)<span class=\"ls14 ws7d\"> </span>to<span class=\"ls11 ws7a\"> </span>the<span class=\"ls19 ws7b\"> </span>measureme<span class=\"_ _2\"></span>nt<span class=\"ls11 ws7a\"> </span>of <span class=\"_ _13\"></span>all<span class=\"ls11 ws7a\"> </span>insurance<span class=\"ls11 ws7a\"> </span>contracts<span class=\"ls11 ws7a\"> </span>as<span class=\"ls12 ws7b\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age <span class=\"_ _0\"></span>period <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>each co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>year <span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>ap<span class=\"_ _2\"></span>plies <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>policy <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>expensing <span class=\"_ _1\"></span>all insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>acquisition<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows as they<span class=\"_ _2\"></span> are incurred. </span><span style=\"display:inherit;clear:left;\">Judgement <span class=\"_\"> </span>is<span class=\"ls1a ws83\"> </span>required<span class=\"ls1a ws83\"> </span>in<span class=\"ls1b ws84\"> </span>est<span class=\"_ _2\"></span>imating <span class=\"_\"> </span>the<span class=\"ls1a ws83\"> </span>insurance<span class=\"ls1a ws83\"> </span>liability <span class=\"_\"> </span>in<span class=\"_ _2\"></span><span class=\"ls1b ws84\"> </span>accordance<span class=\"ls1a ws83\"> </span>with <span class=\"_\"> </span>the<span class=\"ls1a ws83\"> </span>P<span class=\"_ _0\"></span>AA <span class=\"_\"> </span>method<span class=\"ls1a ws83\"> </span>at <span class=\"_\"> </span>period<span class=\"ls1c ws85\"> </span>en<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">including <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>assumptions<span class=\"ls13 ws7c\"> </span>about <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>used<span class=\"ls13 ws7c\"> </span>and<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>future<span class=\"ls14 ws7d\"> </span>in\ufb02ation.<span class=\"ls13 ws7c\"> </span>Discounting </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls14 ws7d\"> </span>adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>for<span class=\"ls14 ws7d\"> </span>future<span class=\"ls11 ws7a\"> </span>in\ufb02ation <span class=\"_ _13\"></span>are<span class=\"_ _0\"></span>,<span class=\"ls14 ws7d\"> </span>in<span class=\"ls14 ws7d\"> </span>particula<span class=\"ls1d\">r</span>,<span class=\"ls14 ws7d\"> </span>i<span class=\"_ _2\"></span>mportant <span class=\"_ _13\"></span>for<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>l<span class=\"_ _2\"></span>ong <span class=\"_ _13\"></span>tailed<span class=\"ls14 ws7d\"> </span>claims<span class=\"ls14 ws7d\"> </span>such<span class=\"ls14 ws7d\"> </span>a<span class=\"_ _2\"></span>s<span class=\"ls14 ws7d\"> </span>claims<span class=\"ls14 ws7d\"> </span>in <span class=\"_ _13\"></span>motor<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> c<span class=\"_ _2\"></span>ompensation and p<span class=\"_ _2\"></span>ersonal accident<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of aggregation and <span class=\"_ _2\"></span>the evaluation <span class=\"_ _2\"></span>of co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary <span class=\"_ _2\"></span>are significant <span class=\"_ _2\"></span>assumptions as <span class=\"_ _2\"></span>these defin<span class=\"_ _2\"></span>e the <span class=\"_ _2\"></span>use o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the premium allocation mod<span class=\"_ _2\"></span>el<span class=\"ls6\">\u2019</span>s simpl<span class=\"_ _2\"></span>ified measurement <span class=\"_ _2\"></span>model.<span class=\"fs1b ws86\"> <span class=\"_ _2\"></span></span></span><span style=\"display:inherit;clear:left;\">Premiums due to <span class=\"_ _0\"></span>the Group for insur<span class=\"_ _0\"></span>ance contract s<span class=\"_ _0\"></span>erv<span class=\"_ _2\"></span>ices already pro<span class=\"_ _0\"></span>vided in t<span class=\"_ _2\"></span>he period but not <span class=\"_ _0\"></span>yet received at t<span class=\"_ _0\"></span>he </span><span style=\"display:inherit;clear:left;\">end of <span class=\"_ _2\"></span>the reporting perio<span class=\"_ _2\"></span>d are included in the <span class=\"_ _2\"></span>Liability for Incurred Claims (LIC<span class=\"_ _2\"></span>), in acc<span class=\"_ _2\"></span>ordance with IF<span class=\"_ _2\"></span>RS 17.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>made <span class=\"_ _2\"></span>an <span class=\"_ _13\"></span>accounting <span class=\"_ _13\"></span>policy <span class=\"_ _13\"></span>choice <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>adjust <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>LRC <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>reflect <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>time </span><span style=\"display:inherit;clear:left;\">value <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>money <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff21\">ff</span>ect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>if, <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>time <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>providing <span class=\"_ _13\"></span>each <span class=\"_ _13\"></span>part <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">servic<span class=\"_ _2\"></span>es and the related premium d<span class=\"_ _2\"></span>ue date is no more than<span class=\"_ _2\"></span> one year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">When <span class=\"_ _13\"></span>calculating <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>Liability <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>ncurred <span class=\"_ _13\"></span>C<span class=\"_ _0\"></span>laims <span class=\"_ _13\"></span>(LIC),<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fulfillm<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>discounted <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>discount </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpected <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>expenses <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>tim<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claim <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>initially <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ecognized. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>is </span><span style=\"display:inherit;clear:left;\">subsequently<span class=\"ls19 ws7b\"> </span>remeasured<span class=\"ls12 ws7b\"> </span>u<span class=\"_ _2\"></span>sing <span class=\"_ _14\"></span>the<span class=\"ls1e ws87\"> </span>disco<span class=\"_ _2\"></span>unt<span class=\"ls19 ws7b\"> </span>ra<span class=\"_ _0\"></span>te<span class=\"ls1e ws87\"> </span>applicable<span class=\"ls1e ws87\"> </span>at <span class=\"_ _14\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _14\"></span>measuremen<span class=\"_ _2\"></span>t <span class=\"_ _14\"></span>date<span class=\"_ _0\"></span>.<span class=\"ls1e ws87\"> </span>Capital <span class=\"_ _18\"></span>costs<span class=\"ls1e ws87\"> </span>r<span class=\"_ _0\"></span>esulting </span><span style=\"display:inherit;clear:left;\">from the calcula<span class=\"_ _0\"></span>tion of the LIC<span class=\"_ _0\"></span>, such as <span class=\"_ _0\"></span>interest, changes in intere<span class=\"_ _0\"></span>st r<span class=\"_ _1\"></span>ates for discounting purposes and in\ufb02ation, are<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">recognized in th<span class=\"_ _2\"></span>e sta<span class=\"_ _0\"></span>tement of profit o<span class=\"_ _2\"></span>r loss as insur<span class=\"_ _1\"></span>ance<span class=\"_ _2\"></span> financ<span class=\"_ _2\"></span>ial items, which are part of the investment result. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls1f ws88\"> </span>Group <span class=\"_ _14\"></span>co<span class=\"_ _2\"></span>nsiders<span class=\"ls1f ws88\"> </span>a <span class=\"_ _14\"></span>group<span class=\"ls1e ws87\"> </span>of <span class=\"_ _18\"> </span>insurance<span class=\"ls1f ws88\"> </span>contr<span class=\"_ _0\"></span>acts<span class=\"ls1f ws88\"> </span>to<span class=\"ls1f ws88\"> </span>be<span class=\"ls1f ws88\"> </span>onerous<span class=\"ls1f ws88\"> </span>if <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he<span class=\"ls1f ws88\"> </span>fulfilment<span class=\"ls1f ws88\"> </span>cash<span class=\"ls1e ws87\"> </span>\ufb02ows<span class=\"ls1f ws88\"> </span>that <span class=\"_ _14\"></span>relate<span class=\"ls1f ws88\"> </span>to<span class=\"ls1e ws87\"> </span>the </span><span style=\"display:inherit;clear:left;\">remaining <span class=\"_ _13\"></span>cover<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontract <span class=\"_ _2\"></span>exceed <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>liability <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>age <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">group<span class=\"_ _1\"></span>.<span class=\"ls14 ws7d\"> </span>I<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the<span class=\"ls12 ws7b\"> </span>expected<span class=\"ls14 ws7d\"> </span>fulfilmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls14 ws7d\"> </span>allocated<span class=\"ls11 ws7a\"> </span>to<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act,<span class=\"ls14 ws7d\"> </span>any<span class=\"ls20 ws89\"> </span>previously<span class=\"ls14 ws7d\"> </span>recogni<span class=\"_ _2\"></span>z<span class=\"_ _0\"></span>ed<span class=\"ls14 ws7d\"> </span>acqui<span class=\"_ _2\"></span>sition <span class=\"_ _13\"></span>cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows, <span class=\"_ _1\"></span>and <span class=\"_ _0\"></span>any <span class=\"_ _1\"></span>ca<span class=\"_ _2\"></span>sh <span class=\"_ _1\"></span>\ufb02<span class=\"_ _2\"></span>ows <span class=\"_ _1\"></span>arisin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act a<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>the date <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>initial <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnition <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>total <span class=\"_ _1\"></span>result <span class=\"_ _1\"></span>in a <span class=\"_ _1\"></span>net <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>out\ufb02ow<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>onerous. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>has <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>recognized <span class=\"_ _2\"></span>any <span class=\"_ _2\"></span>group <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>onerous <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>current <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">previous reporting per<span class=\"_ _2\"></span>iod. </span><span style=\"display:inherit;clear:left;\">For <span class=\"_ _1\"></span>f<span class=\"_ _2\"></span>urther <span class=\"_ _0\"></span>information <span class=\"_ _0\"></span>regarding <span class=\"_ _0\"></span>judgements and <span class=\"_ _1\"></span>estimates applied <span class=\"_ _0\"></span>in meas<span class=\"_ _0\"></span>uring liability due <span class=\"_ _1\"></span>to insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>contracts </span><span style=\"display:inherit;clear:left;\">please refer to notes 25, 35.8 and <span class=\"_ _2\"></span>39.5-<span class=\"_ _0\"></span>7.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__23": {
   "value": "<span style=\"display:inherit;clear:left;\">4.<span class=\"_\"> </span><span class=\"ws0\">Accounting estimate<span class=\"_ _0\"></span>s and judgements</span></span><span style=\"display:inherit;clear:left;\">Preparing <span class=\"_ _2\"></span>consolidated <span class=\"_ _2\"></span>financial <span class=\"_ _13\"></span>statements <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>IFRS <span class=\"_ _13\"></span>Accounting <span class=\"_ _2\"></span>Standards <span class=\"_ _2\"></span>requires <span class=\"_ _2\"></span>management </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _13\"></span>make <span class=\"_ _13\"></span>assumptions, <span class=\"_ _13\"></span>estimates <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>apply <span class=\"_ _13\"></span>judgements <span class=\"_ _14\"></span>that <span class=\"_ _13\"></span>a<span class=\"ff1f\">ff</span>ect <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>liabilities <span class=\"_ _14\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>reporting <span class=\"_ _13\"></span>date, </span><span style=\"display:inherit;clear:left;\">disclosures<span class=\"_ _0\"></span><span class=\"ls11 ws7a\"> <span class=\"ls0 ws0\">in</span> <span class=\"ls0 ws0\">no<span class=\"_ _2\"></span>tes</span> <span class=\"ls0 ws0\">and</span> <span class=\"ls0 ws0\">inc<span class=\"_ _2\"></span>ome</span> <span class=\"ls0 ws0\">and</span> <span class=\"ls0 ws0\">expenses.<span class=\"ls12 ws7b\"> </span>Estimates<span class=\"ls12 ws7b\"> </span>and</span> <span class=\"ls0 ws0\">judgemen<span class=\"_ _2\"></span>ts</span> <span class=\"ls0 ws0\">are<span class=\"ls12 ws7b\"> </span>b<span class=\"_ _0\"></span>ased<span class=\"ls11 ws7a\"> </span>o<span class=\"_ _2\"></span>n<span class=\"ls11 ws7a\"> </span>experience<span class=\"ls11 ws7a\"> </span>an<span class=\"_ _2\"></span>d<span class=\"ls11 ws7a\"> </span>various </span></span></span><span style=\"display:inherit;clear:left;\">other factors that are considered<span class=\"_ _2\"></span> appropria<span class=\"_ _0\"></span>te and form the <span class=\"_ _2\"></span>basis of decisions m<span class=\"_ _2\"></span>ade regar<span class=\"_ _0\"></span>ding the <span class=\"_ _2\"></span>reported amounts </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilities <span class=\"_ _2\"></span>not<span class=\"_ _2\"></span> ev<span class=\"_ _2\"></span>ident <span class=\"_ _2\"></span>by o<span class=\"_ _2\"></span>ther <span class=\"_ _2\"></span>mean<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Management <span class=\"_ _13\"></span>distinguishes <span class=\"_ _2\"></span>between <span class=\"_ _2\"></span>areas <span class=\"_ _2\"></span>involving <span class=\"_ _13\"></span>significant </span><span style=\"display:inherit;clear:left;\">judgement<span class=\"ff4\">\u2014those requiring interpretation or choice between accounting treatments\u2014and </span>estimates<span class=\"ff4\">, which involv<span class=\"_ _0\"></span>e </span></span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s about future events and<span class=\"_ _2\"></span> measurement uncert<span class=\"_ _2\"></span>aint<span class=\"ls10\">y</span>. </span><span style=\"display:inherit;clear:left;\">Estimates<span class=\"ls13 ws7c\"> </span>and <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sumptio<span class=\"_ _2\"></span>ns<span class=\"ls13 ws7c\"> </span>are<span class=\"ls13 ws7c\"> </span>reviewed<span class=\"ls13 ws7c\"> </span>regu<span class=\"_ _0\"></span>larl<span class=\"ls1\">y</span>.<span class=\"ls13 ws7c\"> </span>Cha<span class=\"_ _2\"></span>nges<span class=\"ls13 ws7c\"> </span>in<span class=\"ls13 ws7c\"> </span>accounting<span class=\"ls13 ws7c\"> </span>estimates<span class=\"ls13 ws7c\"> </span>are<span class=\"ls13 ws7c\"> </span>recognized<span class=\"ls13 ws7c\"> </span>in<span class=\"ls13 ws7c\"> </span>the <span class=\"_ _13\"></span>period </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>they are <span class=\"_ _2\"></span>revised. <span class=\"_ _2\"></span>Key judgements <span class=\"_ _2\"></span>and estim<span class=\"_ _2\"></span>ation unc<span class=\"_ _2\"></span>ertainties <span class=\"_ _2\"></span>specific <span class=\"_ _2\"></span>to S<span class=\"_ _2\"></span>kagi\u2019<span class=\"_ _1\"></span>s operations ar<span class=\"_ _2\"></span>e summari<span class=\"_ _2\"></span>sed </span><span style=\"display:inherit;clear:left;\">below<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Management has made assumptions and acco<span class=\"_ _2\"></span>unting estimates <span class=\"_ _0\"></span>regar<span class=\"_ _0\"></span>ding the following items that mat<span class=\"_ _0\"></span>erially impact </span><span style=\"display:inherit;clear:left;\">the Group's <span class=\"_ _0\"></span>financial statements: </span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Financial instruments, see notes no. 14. and 34.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Loans to customers no. 16.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Intangible <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets, see note no<span class=\"_ _0\"></span>. 21.</span><span style=\"display:inherit;clear:left;\">-<span class=\"_\"> </span>Liability d<span class=\"_ _2\"></span>ue to insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce contracts, see note no<span class=\"_ _0\"></span>. 25.</span><span style=\"display:inherit;clear:left;\">Financial instrum<span class=\"_ _2\"></span>ents </span><span style=\"display:inherit;clear:left;\">Business model assess<span class=\"_ _0\"></span>men<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls14 ws7d\"> </span>classification<span class=\"ls13 ws7c\"> </span>and<span class=\"ls14 ws7d\"> </span>m<span class=\"_ _2\"></span>easurement <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>struments<span class=\"ls14 ws7d\"> </span>de<span class=\"_ _2\"></span>pend<span class=\"ls14 ws7d\"> </span>on<span class=\"ls13 ws7c\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls11 ws7a\"> </span>resu<span class=\"_ _0\"></span>lts<span class=\"ls14 ws7d\"> </span>of <span class=\"_ _13\"></span>the<span class=\"ls14 ws7d\"> </span>SPPI<span class=\"ls14 ws7d\"> <span class=\"_ _2\"></span></span>and<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>busin<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_\"> </span>tests. <span class=\"_ _17\"> </span>Judgement <span class=\"_ _17\"> </span>is <span class=\"_\"> </span>required <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>assessing <span class=\"_ _17\"> </span>the <span class=\"_\"> </span>relevant <span class=\"_ _17\"> </span>evidence <span class=\"_ _17\"> </span>including <span class=\"_\"> </span>how <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>performance <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>the </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _15\"> </span>is <span class=\"_ _8\"> </span>evaluated <span class=\"_ _15\"> </span>and <span class=\"_ _15\"> </span>their <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>is <span class=\"_ _8\"> </span>measured, <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>risks <span class=\"_ _8\"> </span>that <span class=\"_ _15\"> </span>a<span class=\"ff20\">ff</span>ect <span class=\"_ _15\"> </span>the <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>of <span class=\"_ _8\"> </span>the </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>how <span class=\"_ _18\"> </span>these <span class=\"_ _18\"> </span>are <span class=\"_ _16\"> </span>managed <span class=\"_ _18\"></span>and <span class=\"_ _18\"></span>how <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>managers <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>instruments <span class=\"_ _16\"> </span>are <span class=\"_ _18\"></span>compensated. <span class=\"_ _18\"> </span>Refer <span class=\"_ _18\"> </span>to </span><span style=\"display:inherit;clear:left;\">notes <span class=\"_ _14\"></span>34 <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>38.13 <span class=\"_ _18\"></span>for <span class=\"_ _2\"></span>further <span class=\"_ _2\"></span>information <span class=\"_ _2\"></span>regarding <span class=\"_ _13\"></span>classification <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>instruments. <span class=\"_ _2\"></span>Management <span class=\"_ _13\"></span>regularly </span><span style=\"display:inherit;clear:left;\">reassesses <span class=\"_ _15\"> </span>the <span class=\"_ _28\"> </span>business <span class=\"_ _8\"> </span>model <span class=\"_ _1b\"> </span>for <span class=\"_ _1b\"> </span>each <span class=\"_ _8\"> </span>portfolio <span class=\"_ _1b\"> </span>to <span class=\"_ _8\"> </span>ensure <span class=\"_ _1b\"> </span>classification <span class=\"_ _1b\"> </span>remains <span class=\"_ _8\"> </span>consistent <span class=\"_ _1b\"> </span>with <span class=\"_ _1b\"> </span>actual </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _0\"></span>practices and strategic objectives. </span><span style=\"display:inherit;clear:left;\">Fair value measurement<span class=\"ff4 ws7e\"> </span></span><span style=\"display:inherit;clear:left;\">In estimating the fair value of a financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et or a l<span class=\"_ _2\"></span>iabilit<span class=\"ls15\">y</span>, the Group uses<span class=\"_ _0\"></span> market-obser<span class=\"_ _2\"></span>vable d<span class=\"_ _2\"></span>ata t<span class=\"_ _0\"></span>o the extent it is </span><span style=\"display:inherit;clear:left;\">available. Where <span class=\"_ _2\"></span>quoted <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es in <span class=\"_ _2\"></span>active <span class=\"_ _2\"></span>markets for <span class=\"_ _2\"></span>identical <span class=\"_ _2\"></span>assets are <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>available<span class=\"_ _2\"></span> the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>uses other<span class=\"_ _2\"></span> market </span><span style=\"display:inherit;clear:left;\">observable<span class=\"_ _2\"></span><span class=\"ls16 ws7f\"> </span>inputs<span class=\"ls16 ws7f\"> </span>and<span class=\"ls16 ws7f\"> </span>lastly<span class=\"ls16 ws7f\"> </span>unobser<span class=\"_ _2\"></span>vable<span class=\"ls16 ws7f\"> </span>inputs.<span class=\"ls16 ws7f\"> </span>Refer<span class=\"ls16 ws7f\"> </span>to<span class=\"ls16 ws7f\"> </span>notes<span class=\"ls17 ws80\"> </span>34<span class=\"ls16 ws7f\"> </span>and<span class=\"ls16 ws7f\"> </span>39.13 <span class=\"_ _17\"> </span>for <span class=\"_ _17\"> </span>more<span class=\"ls18 ws81\"> </span>details<span class=\"ls18 ws81\"> </span>on <span class=\"_\"> </span>fair<span class=\"ls16 ws7f\"> </span>value </span><span style=\"display:inherit;clear:left;\">measurement. </span><span style=\"display:inherit;clear:left;\">Goodwill </span><span style=\"display:inherit;clear:left;\">Goodwill <span class=\"_ _18\"> </span>arises <span class=\"_ _18\"> </span>in <span class=\"_ _18\"> </span>business <span class=\"_ _18\"> </span>comb<span class=\"_ _2\"></span>inations. <span class=\"_ _14\"></span>Good<span class=\"_ _2\"></span>will <span class=\"_ _18\"></span>is <span class=\"_ _18\"></span>measured <span class=\"_ _18\"></span>as <span class=\"_ _14\"></span>the <span class=\"_ _16\"> </span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>sum <span class=\"_ _18\"></span>of <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>considera<span class=\"_ _0\"></span>tio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">tr<span class=\"_ _0\"></span>ansferred, the amount <span class=\"_ _0\"></span>of any non-<span class=\"_ _2\"></span>controlling interest <span class=\"_ _0\"></span>in the acquiree<span class=\"_ _0\"></span>, and the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lue of the acquirer\u2019<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>previously </span><span style=\"display:inherit;clear:left;\">held <span class=\"_ _14\"></span>equity <span class=\"_ _13\"></span>interest <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>acq<span class=\"_ _2\"></span>uiree <span class=\"_ _13\"></span>(if <span class=\"_ _13\"></span>any) <span class=\"_ _13\"></span>over <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>net <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>acquisition<span class=\"_ _2\"></span>-date <span class=\"_ _13\"></span>amounts <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>iden<span class=\"_ _2\"></span>tifi<span class=\"_ _0\"></span>able <span class=\"_ _14\"></span>assets<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">acquired <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>liabil<span class=\"_ _2\"></span>ities <span class=\"_ _13\"></span>assumed. <span class=\"_ _14\"></span>Goodw<span class=\"_ _2\"></span>ill <span class=\"_ _13\"></span>is <span class=\"_ _14\"></span>subje<span class=\"_ _2\"></span>ct <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>annu<span class=\"_ _2\"></span>al <span class=\"_ _13\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _14\"></span>testing, <span class=\"_ _14\"></span>or <span class=\"_ _14\"></span>more <span class=\"_ _14\"></span>frequently<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">there is an indication of im<span class=\"_ _2\"></span>pairment.  </span><span style=\"display:inherit;clear:left;\">Estimation <span class=\"_ _14\"></span>uncert<span class=\"_ _2\"></span>ainty <span class=\"_ _13\"></span>arises <span class=\"_ _14\"></span>prim<span class=\"_ _2\"></span>arily <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>assumption<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>regarding <span class=\"_ _13\"></span>future <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>\ufb02ows, <span class=\"_ _13\"></span>disco<span class=\"_ _2\"></span>unt <span class=\"_ _13\"></span>rate<span class=\"_ _0\"></span>s <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>growth<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s <span class=\"_\"> </span>used <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>tes<span class=\"_ _0\"></span>tin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>goodwill <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>other <span class=\"_ _17\"> </span>intangible <span class=\"_ _17\"> </span>assets <span class=\"_\"> </span>for <span class=\"_\"> </span>impairm<span class=\"_ _2\"></span>ent. <span class=\"_\"> </span>Managemen<span class=\"_ _2\"></span>t <span class=\"_\"> </span>reviews <span class=\"_ _17\"> </span>these </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s at least annually to ensure they<span class=\"_ _2\"></span> re<span class=\"_ _0\"></span>\ufb02ect current expectations and m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">For impairme<span class=\"_ _2\"></span>nt testing <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>goodwill, th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tes the <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>use <span class=\"_ _2\"></span>of certain <span class=\"_ _2\"></span>cash-genera<span class=\"_ _0\"></span>ting unit<span class=\"_ _2\"></span>s (\u201cCGUs\u201d). </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>alue <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>use <span class=\"_ _1\"></span>is the <span class=\"_ _1\"></span>present <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>alue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>estimated <span class=\"_ _0\"></span>future <span class=\"_ _1\"></span>cash \ufb02o<span class=\"_ _0\"></span>ws <span class=\"_ _1\"></span>expected t<span class=\"_ _0\"></span>o <span class=\"_ _1\"></span>arise from <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>CGU<span class=\"_ _0\"></span>, <span class=\"_ _1\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>such an <span class=\"_ _1\"></span>estimate </span><span style=\"display:inherit;clear:left;\">requires <span class=\"_ _16\"> </span>management <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>make <span class=\"_ _16\"> </span>certain <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sumptions. <span class=\"_\"> </span>The <span class=\"_\"> </span>methods, <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sumptions <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>k<span class=\"_ _0\"></span>ey <span class=\"_\"> </span>inputs <span class=\"_ _16\"> </span>applied <span class=\"_\"> </span>in <span class=\"_\"> </span>the </span><span style=\"display:inherit;clear:left;\">impairment testing of goodw<span class=\"_ _2\"></span>ill are further described <span class=\"_ _2\"></span>in note 21<span class=\"_ _0\"></span>.</span><span style=\"display:inherit;clear:left;\">Other intan<span class=\"_ _2\"></span>gible as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Judgement <span class=\"_\"> </span>is <span class=\"_\"> </span>required <span class=\"_\"> </span>in <span class=\"_ _16\"> </span>e<span class=\"_ _0\"></span>stimating <span class=\"_\"> </span>the <span class=\"_\"> </span>useful <span class=\"_\"> </span>lives<span class=\"_ _0\"></span> <span class=\"_\"> </span>of <span class=\"_\"> </span>intangible <span class=\"_\"> </span>as<span class=\"_ _0\"></span>sets <span class=\"_\"> </span>and <span class=\"_\"> </span>ca<span class=\"_ _0\"></span>pitalisation <span class=\"_\"> </span>period <span class=\"_\"> </span>of <span class=\"_\"> </span>internal<span class=\"_ _0\"></span>ly </span><span style=\"display:inherit;clear:left;\">genera<span class=\"_ _0\"></span>ted intangible assets. </span><span style=\"display:inherit;clear:left;\">Customer relationships </span><span style=\"display:inherit;clear:left;\">Customer <span class=\"_ _2\"></span>relationships <span class=\"_ _2\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _2\"></span>acquired <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>part <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>acquisit<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>capit<span class=\"_ _2\"></span>alized an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>amortized <span class=\"_ _2\"></span>usin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">the straight-<span class=\"_ _0\"></span>line metho<span class=\"_ _2\"></span>d over their useful life of max<span class=\"_ _2\"></span>imum 10 years<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Brands </span><span style=\"display:inherit;clear:left;\">Br<span class=\"_ _0\"></span>ands <span class=\"_ _2\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _2\"></span>acq<span class=\"_ _2\"></span>uired <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>part <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>recent <span class=\"_ _13\"></span>acquisitions <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>capitalized <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>amortized <span class=\"_ _2\"></span>usin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>str<span class=\"_ _1\"></span>aight-l<span class=\"_ _2\"></span>ine </span><span style=\"display:inherit;clear:left;\">method over thei<span class=\"_ _2\"></span>r useful life but not ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eeding 20 years.  </span><span style=\"display:inherit;clear:left;\">Soft<span class=\"_ _2\"></span>ware </span><span style=\"display:inherit;clear:left;\">Software <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>omprises <span class=\"_ _14\"></span>acquired<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>software <span class=\"_ _14\"></span>licenc<span class=\"_ _2\"></span>es <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>ext<span class=\"_ _0\"></span>ernal <span class=\"_ _18\"></span>costs <span class=\"_ _13\"></span>associated <span class=\"_ _14\"></span>wit<span class=\"_ _2\"></span>h <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>developmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>bespoke </span><span style=\"display:inherit;clear:left;\">applications. </span><span style=\"display:inherit;clear:left;\">Developmen<span class=\"_ _2\"></span>t cost that has been<span class=\"_ _2\"></span> capitalized is amortized <span class=\"_ _2\"></span>on the day t<span class=\"_ _2\"></span>hat the product is <span class=\"_ _2\"></span>launched u<span class=\"_ _2\"></span>sing the straight-</span><span style=\"display:inherit;clear:left;\">line met<span class=\"_ _2\"></span>hod over their useful life but not ex<span class=\"_ _0\"></span>ceeding 10 ye<span class=\"_ _2\"></span>ars<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance Cont<span class=\"_ _2\"></span>r<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>ct Liabilit<span class=\"_ _2\"></span>ies </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls11 ws7a\"> </span>Group<span class=\"ls11 ws7a\"> </span>appli<span class=\"_ _2\"></span>es<span class=\"ls11 ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>Pr<span class=\"_ _0\"></span>emium<span class=\"ls11 ws7a\"> </span>Allocation <span class=\"_ _13\"></span>Ap<span class=\"_ _2\"></span>proach<span class=\"ls11 ws7a\"> </span>(P<span class=\"_ _1\"></span>AA)<span class=\"ls14 ws7d\"> </span>to<span class=\"ls11 ws7a\"> </span>the<span class=\"ls19 ws7b\"> </span>measureme<span class=\"_ _2\"></span>nt<span class=\"ls11 ws7a\"> </span>of <span class=\"_ _13\"></span>all<span class=\"ls11 ws7a\"> </span>insurance<span class=\"ls11 ws7a\"> </span>contracts<span class=\"ls11 ws7a\"> </span>as<span class=\"ls12 ws7b\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age <span class=\"_ _0\"></span>period <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>each co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>year <span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>ap<span class=\"_ _2\"></span>plies <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>policy <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>expensing <span class=\"_ _1\"></span>all insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>acquisition<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows as they<span class=\"_ _2\"></span> are incurred. </span><span style=\"display:inherit;clear:left;\">Judgement <span class=\"_\"> </span>is<span class=\"ls1a ws83\"> </span>required<span class=\"ls1a ws83\"> </span>in<span class=\"ls1b ws84\"> </span>est<span class=\"_ _2\"></span>imating <span class=\"_\"> </span>the<span class=\"ls1a ws83\"> </span>insurance<span class=\"ls1a ws83\"> </span>liability <span class=\"_\"> </span>in<span class=\"_ _2\"></span><span class=\"ls1b ws84\"> </span>accordance<span class=\"ls1a ws83\"> </span>with <span class=\"_\"> </span>the<span class=\"ls1a ws83\"> </span>P<span class=\"_ _0\"></span>AA <span class=\"_\"> </span>method<span class=\"ls1a ws83\"> </span>at <span class=\"_\"> </span>period<span class=\"ls1c ws85\"> </span>en<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">including <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>assumptions<span class=\"ls13 ws7c\"> </span>about <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>used<span class=\"ls13 ws7c\"> </span>and<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>future<span class=\"ls14 ws7d\"> </span>in\ufb02ation.<span class=\"ls13 ws7c\"> </span>Discounting </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls14 ws7d\"> </span>adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>for<span class=\"ls14 ws7d\"> </span>future<span class=\"ls11 ws7a\"> </span>in\ufb02ation <span class=\"_ _13\"></span>are<span class=\"_ _0\"></span>,<span class=\"ls14 ws7d\"> </span>in<span class=\"ls14 ws7d\"> </span>particula<span class=\"ls1d\">r</span>,<span class=\"ls14 ws7d\"> </span>i<span class=\"_ _2\"></span>mportant <span class=\"_ _13\"></span>for<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>l<span class=\"_ _2\"></span>ong <span class=\"_ _13\"></span>tailed<span class=\"ls14 ws7d\"> </span>claims<span class=\"ls14 ws7d\"> </span>such<span class=\"ls14 ws7d\"> </span>a<span class=\"_ _2\"></span>s<span class=\"ls14 ws7d\"> </span>claims<span class=\"ls14 ws7d\"> </span>in <span class=\"_ _13\"></span>motor<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> c<span class=\"_ _2\"></span>ompensation and p<span class=\"_ _2\"></span>ersonal accident<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of aggregation and <span class=\"_ _2\"></span>the evaluation <span class=\"_ _2\"></span>of co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary <span class=\"_ _2\"></span>are significant <span class=\"_ _2\"></span>assumptions as <span class=\"_ _2\"></span>these defin<span class=\"_ _2\"></span>e the <span class=\"_ _2\"></span>use o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the premium allocation mod<span class=\"_ _2\"></span>el<span class=\"ls6\">\u2019</span>s simpl<span class=\"_ _2\"></span>ified measurement <span class=\"_ _2\"></span>model.<span class=\"fs1b ws86\"> <span class=\"_ _2\"></span></span></span><span style=\"display:inherit;clear:left;\">Premiums due to <span class=\"_ _0\"></span>the Group for insur<span class=\"_ _0\"></span>ance contract s<span class=\"_ _0\"></span>erv<span class=\"_ _2\"></span>ices already pro<span class=\"_ _0\"></span>vided in t<span class=\"_ _2\"></span>he period but not <span class=\"_ _0\"></span>yet received at t<span class=\"_ _0\"></span>he </span><span style=\"display:inherit;clear:left;\">end of <span class=\"_ _2\"></span>the reporting perio<span class=\"_ _2\"></span>d are included in the <span class=\"_ _2\"></span>Liability for Incurred Claims (LIC<span class=\"_ _2\"></span>), in acc<span class=\"_ _2\"></span>ordance with IF<span class=\"_ _2\"></span>RS 17.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>made <span class=\"_ _2\"></span>an <span class=\"_ _13\"></span>accounting <span class=\"_ _13\"></span>policy <span class=\"_ _13\"></span>choice <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>adjust <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>LRC <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>reflect <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>time </span><span style=\"display:inherit;clear:left;\">value <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>money <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff21\">ff</span>ect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>if, <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>time <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>providing <span class=\"_ _13\"></span>each <span class=\"_ _13\"></span>part <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">servic<span class=\"_ _2\"></span>es and the related premium d<span class=\"_ _2\"></span>ue date is no more than<span class=\"_ _2\"></span> one year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">When <span class=\"_ _13\"></span>calculating <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>Liability <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>ncurred <span class=\"_ _13\"></span>C<span class=\"_ _0\"></span>laims <span class=\"_ _13\"></span>(LIC),<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fulfillm<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>discounted <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>discount </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpected <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>expenses <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>tim<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claim <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>initially <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ecognized. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>is </span><span style=\"display:inherit;clear:left;\">subsequently<span class=\"ls19 ws7b\"> </span>remeasured<span class=\"ls12 ws7b\"> </span>u<span class=\"_ _2\"></span>sing <span class=\"_ _14\"></span>the<span class=\"ls1e ws87\"> </span>disco<span class=\"_ _2\"></span>unt<span class=\"ls19 ws7b\"> </span>ra<span class=\"_ _0\"></span>te<span class=\"ls1e ws87\"> </span>applicable<span class=\"ls1e ws87\"> </span>at <span class=\"_ _14\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _14\"></span>measuremen<span class=\"_ _2\"></span>t <span class=\"_ _14\"></span>date<span class=\"_ _0\"></span>.<span class=\"ls1e ws87\"> </span>Capital <span class=\"_ _18\"></span>costs<span class=\"ls1e ws87\"> </span>r<span class=\"_ _0\"></span>esulting </span><span style=\"display:inherit;clear:left;\">from the calcula<span class=\"_ _0\"></span>tion of the LIC<span class=\"_ _0\"></span>, such as <span class=\"_ _0\"></span>interest, changes in intere<span class=\"_ _0\"></span>st r<span class=\"_ _1\"></span>ates for discounting purposes and in\ufb02ation, are<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">recognized in th<span class=\"_ _2\"></span>e sta<span class=\"_ _0\"></span>tement of profit o<span class=\"_ _2\"></span>r loss as insur<span class=\"_ _1\"></span>ance<span class=\"_ _2\"></span> financ<span class=\"_ _2\"></span>ial items, which are part of the investment result. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls1f ws88\"> </span>Group <span class=\"_ _14\"></span>co<span class=\"_ _2\"></span>nsiders<span class=\"ls1f ws88\"> </span>a <span class=\"_ _14\"></span>group<span class=\"ls1e ws87\"> </span>of <span class=\"_ _18\"> </span>insurance<span class=\"ls1f ws88\"> </span>contr<span class=\"_ _0\"></span>acts<span class=\"ls1f ws88\"> </span>to<span class=\"ls1f ws88\"> </span>be<span class=\"ls1f ws88\"> </span>onerous<span class=\"ls1f ws88\"> </span>if <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he<span class=\"ls1f ws88\"> </span>fulfilment<span class=\"ls1f ws88\"> </span>cash<span class=\"ls1e ws87\"> </span>\ufb02ows<span class=\"ls1f ws88\"> </span>that <span class=\"_ _14\"></span>relate<span class=\"ls1f ws88\"> </span>to<span class=\"ls1e ws87\"> </span>the </span><span style=\"display:inherit;clear:left;\">remaining <span class=\"_ _13\"></span>cover<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontract <span class=\"_ _2\"></span>exceed <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>liability <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>age <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">group<span class=\"_ _1\"></span>.<span class=\"ls14 ws7d\"> </span>I<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the<span class=\"ls12 ws7b\"> </span>expected<span class=\"ls14 ws7d\"> </span>fulfilmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls14 ws7d\"> </span>allocated<span class=\"ls11 ws7a\"> </span>to<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act,<span class=\"ls14 ws7d\"> </span>any<span class=\"ls20 ws89\"> </span>previously<span class=\"ls14 ws7d\"> </span>recogni<span class=\"_ _2\"></span>z<span class=\"_ _0\"></span>ed<span class=\"ls14 ws7d\"> </span>acqui<span class=\"_ _2\"></span>sition <span class=\"_ _13\"></span>cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows, <span class=\"_ _1\"></span>and <span class=\"_ _0\"></span>any <span class=\"_ _1\"></span>ca<span class=\"_ _2\"></span>sh <span class=\"_ _1\"></span>\ufb02<span class=\"_ _2\"></span>ows <span class=\"_ _1\"></span>arisin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act a<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>the date <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>initial <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnition <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>total <span class=\"_ _1\"></span>result <span class=\"_ _1\"></span>in a <span class=\"_ _1\"></span>net <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>out\ufb02ow<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>onerous. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>has <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>recognized <span class=\"_ _2\"></span>any <span class=\"_ _2\"></span>group <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>onerous <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>current <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">previous reporting per<span class=\"_ _2\"></span>iod. </span><span style=\"display:inherit;clear:left;\">For <span class=\"_ _1\"></span>f<span class=\"_ _2\"></span>urther <span class=\"_ _0\"></span>information <span class=\"_ _0\"></span>regarding <span class=\"_ _0\"></span>judgements and <span class=\"_ _1\"></span>estimates applied <span class=\"_ _0\"></span>in meas<span class=\"_ _0\"></span>uring liability due <span class=\"_ _1\"></span>to insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>contracts </span><span style=\"display:inherit;clear:left;\">please refer to notes 25, 35.8 and <span class=\"_ _2\"></span>39.5-<span class=\"_ _0\"></span>7.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__26": {
   "value": "<span style=\"display:inherit;clear:left;\">5. </span><span style=\"display:inherit;clear:left;\">Oper<span class=\"_ _0\"></span>ating s<span class=\"_ _0\"></span>egment reporting</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>operates t<span class=\"_ _2\"></span>hrough <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>prim<span class=\"_ _2\"></span>ary <span class=\"_ _2\"></span>operating <span class=\"_ _2\"></span>segments: <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Operations, <span class=\"_ _2\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Investments, <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _13\"></span>Services. <span class=\"_ _13\"></span>These <span class=\"_ _13\"></span>segments <span class=\"_ _13\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _13\"></span>identified <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Group\u2019s <span class=\"_ _13\"></span>internal <span class=\"_ _13\"></span>reporting <span class=\"_ _13\"></span>structure, <span class=\"_ _13\"></span>which </span><span style=\"display:inherit;clear:left;\">reflects the nature of products and services o<span class=\"ff22\">ff</span>ered. </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _0\"></span>Operations <span class=\"_ _0\"></span>comp<span class=\"_ _2\"></span>rises the Gro<span class=\"_ _0\"></span>up\u2019<span class=\"_ _1\"></span>s core <span class=\"_ _0\"></span>insurance activ<span class=\"_ _2\"></span>ities<span class=\"_ _0\"></span>, including the underwr<span class=\"_ _2\"></span>iting of life<span class=\"_ _1\"></span>, health,<span class=\"_ _2\"></span> and </span><span style=\"display:inherit;clear:left;\">general insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce products. T<span class=\"_ _2\"></span>he revenue of this s<span class=\"_ _2\"></span>egment pr<span class=\"_ _2\"></span>imarily c<span class=\"_ _2\"></span>onsists of premium inc<span class=\"_ _2\"></span>ome from policy<span class=\"_ _2\"></span>holders. </span><span style=\"display:inherit;clear:left;\">Key expenses include claims incurred <span class=\"_ _2\"></span>and insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts opera<span class=\"_ _0\"></span>ting expenses. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls1a ws83\"> </span>Inv<span class=\"_ _0\"></span>estments<span class=\"ls1a ws83\"> </span>includ<span class=\"_ _2\"></span>es<span class=\"ls1a ws83\"> </span>the<span class=\"ls1a ws83\"> </span>management<span class=\"ls1a ws83\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls1a ws83\"> </span>assets<span class=\"ls1a ws83\"> </span>backing<span class=\"ls1a ws83\"> </span>insurance<span class=\"ls1a ws83\"> </span>liabilit<span class=\"_ _2\"></span>ies<span class=\"ls1a ws83\"> </span>as<span class=\"ls21 ws8a\"> </span>w<span class=\"_ _0\"></span>ell<span class=\"ls21 ws8a\"> </span>a<span class=\"_ _2\"></span>s<span class=\"ls21 ws8a\"> </span>proprietar<span class=\"_ _2\"></span>y </span><span style=\"display:inherit;clear:left;\">investment activiti<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>. It covers investments in fi<span class=\"_ _2\"></span>xed income securiti<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>, eq<span class=\"_ _2\"></span>uities and <span class=\"_ _2\"></span>other financ<span class=\"_ _2\"></span>ial instruments. Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">primar<span class=\"_ _2\"></span>y<span class=\"ls22 ws8b\"> </span>source<span class=\"ls23 ws8c\"> </span>of<span class=\"ls22 ws8b\"> </span>r<span class=\"_ _0\"></span>evenue<span class=\"ls24 ws8d\"> </span>for<span class=\"ls22 ws8b\"> </span>this<span class=\"ls22 ws8b\"> </span>s<span class=\"_ _2\"></span>egment<span class=\"ls22 ws8b\"> </span>is<span class=\"ls22 ws8b\"> </span>investmen<span class=\"_ _2\"></span>t<span class=\"ls22 ws8b\"> </span>income,<span class=\"ls23 ws8c\"> </span>including<span class=\"ls25 ws8e\"> </span>interest,<span class=\"ls22 ws8b\"> </span>div<span class=\"_ _2\"></span>idends,<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>realized<span class=\"ls22 ws8b\"> </span>or </span><span style=\"display:inherit;clear:left;\">unrealized gains on finan<span class=\"_ _2\"></span>cial assets. </span><span style=\"display:inherit;clear:left;\">The F<span class=\"_ _0\"></span>inancial <span class=\"_ _0\"></span>Ser<span class=\"_ _2\"></span>vices <span class=\"_ _0\"></span>segment comprises <span class=\"_ _0\"></span>activities <span class=\"_ _1\"></span>suc<span class=\"_ _2\"></span>h <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>asset management, <span class=\"_ _0\"></span>loans <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>customers, <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>other n<span class=\"_ _0\"></span>on-</span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance<span class=\"ls25 ws8e\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"ls25 ws8e\"> </span>products.<span class=\"ls25 ws8e\"> </span>Revenue<span class=\"ls25 ws8e\"> </span>in<span class=\"ls25 ws8e\"> </span>this<span class=\"ls25 ws8e\"> </span>segment<span class=\"ls25 ws8e\"> </span>is<span class=\"ls25 ws8e\"> </span>generat<span class=\"_ _0\"></span>ed<span class=\"ls25 ws8e\"> </span>through<span class=\"ls25 ws8e\"> </span>interest<span class=\"ls1f ws88\"> </span>income,<span class=\"ls25 ws8e\"> </span>management<span class=\"ls25 ws8e\"> </span>fees<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">advisor<span class=\"_ _2\"></span>y<span class=\"ls26 ws8f\"> </span>ser<span class=\"_ _2\"></span>vices,<span class=\"ls27 ws90\"> </span>and<span class=\"ls27 ws90\"> </span>other<span class=\"ls27 ws90\"> </span>financ<span class=\"_ _2\"></span>i<span class=\"_ _0\"></span>al<span class=\"ls27 ws90\"> </span>transactions.<span class=\"ls27 ws90\"> </span>This<span class=\"ls27 ws90\"> </span>segment<span class=\"ls27 ws90\"> </span>supports<span class=\"ls27 ws90\"> </span>the<span class=\"ls27 ws90\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls27 ws90\"> </span>str<span class=\"_ _0\"></span>ategic<span class=\"ls27 ws90\"> </span>objective<span class=\"ls28 ws91\"> </span>of </span><span style=\"display:inherit;clear:left;\">diversifyin<span class=\"_ _2\"></span>g income streams and<span class=\"_ _2\"></span> exp<span class=\"_ _0\"></span>anding its <span class=\"_ _2\"></span>pres<span class=\"_ _0\"></span>ence <span class=\"_ _2\"></span>in the broader finan<span class=\"_ _2\"></span>cial secto<span class=\"ls1d\">r</span>. </span><span style=\"display:inherit;clear:left;\">Inter<span class=\"_ _1\"></span>-<span class=\"_ _2\"></span>segment tr<span class=\"_ _0\"></span>ansactions, where <span class=\"_ _0\"></span>applicabl<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>, are conducted on <span class=\"_ _0\"></span>an arm<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span>s length basis, and <span class=\"_ _0\"></span>segment performance is </span><span style=\"display:inherit;clear:left;\">asses<span class=\"_ _0\"></span>sed based on key financ<span class=\"_ _2\"></span>ial metrics, including revenue<span class=\"_ _0\"></span>, profit be<span class=\"_ _2\"></span>fore tax, and return on capital. </span><span style=\"display:inherit;clear:left;\">The opera<span class=\"_ _0\"></span>ting segments' results for the period 1 J<span class=\"_ _2\"></span>anuar<span class=\"_ _2\"></span>y to 31 December <span class=\"_ _2\"></span>2025 are specified <span class=\"_ _2\"></span>as follows:<span class=\"ff4 ws92\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:459.8125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.562px; top: 0.0117187px; width: 27.0352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.172px; top: 13.8555px; width: 320.607px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Insur</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Supporting unit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.734px; top: 27.5273px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">investme</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nt</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and eliminations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.4961px; width: 729.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.504px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.168px; width: 732.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed ...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.084px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.443px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.0117px; width: 731.994px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 290.022px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8555px; width: 731.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.572px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.027px; width: 728.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.96</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.969.732</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.527px; width: 728.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net interest income .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.185px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.697</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 135.135px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.697</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.371px; width: 729.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net fee and com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mission income .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 202.969px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.533.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.248)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.357.631</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.215px; width: 728.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income .........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.586px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.354.626</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">189.068</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.858)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 197.043px; width: 732.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating exp. of the insurance investment portf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">olio ..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.656px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.887px; width: 732.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses fr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">om insurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.121px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.756px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.73px; width: 731.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.941px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(394.743)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(107.724)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.918px; width: 728.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">189.068</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.582)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.418px; width: 729.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">208.011</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.679px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.138</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.296)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210.853</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.871px; width: 728.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in the profit of associates, after inc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ome tax ......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.572px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">110.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">110.950</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 300.059px; width: 728.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net operating income ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.177.743</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.919</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.187.783</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(237.176)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.148.269</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 329.902px; width: 732.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(160.961)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.402px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.845.062)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.213)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.508.235)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 345.355px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Allocated costs from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">46.979)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(227.981)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(75.960)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">550.920</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 360.637px; width: 733.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.756px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">22.505)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(173.800)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">196.305)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 374.48px; width: 732.404px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net credit impairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.219px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.627)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.957px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.627)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 390.668px; width: 729.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit (loss) before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.508px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.769.803</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.062)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.630</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(362.269)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.437.102</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 420.684px; width: 644.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses ....................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 686.422px; top: 420.684px; width: 46.2715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(534.637)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 681.203px; top: 447.824px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.902.466</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.173px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Profit for the year ...........................................................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">The opera<span class=\"_ _0\"></span>ting segments' results f<span class=\"_ _0\"></span>or the <span class=\"_ _2\"></span>period 1 Januar<span class=\"_ _2\"></span>y to 31 Decemb<span class=\"_ _2\"></span>er 2024 are spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:467.21875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 0.0097656px; width: 27.0614px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 328.25px; top: 13.8691px; width: 321.194px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9514px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ins</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2553px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9514px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Supporting units</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.797px; top: 27.7285px; width: 381.712px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4627px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Investments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9233px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3627px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and eliminations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6628px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.541px; width: 729.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue ........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6606px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.82px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.4004px; width: 733.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.289px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 73.2598px; width: 733.294px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.072px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 290.754px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 87.1348px; width: 732.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5297px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.409px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.15px; width: 729.593px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3001px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.6899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.6625px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6411px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9904px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 139.682px; width: 729.353px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net interest income .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.157px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 135.061px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.541px; width: 730.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net fee and com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mission income ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.996px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.942.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(126.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415555px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0434px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.815.671</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 172.104px; width: 6.02014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 185.947px; width: 729.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income .........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.527px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.554.909</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9151px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.395</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.807px; width: 733.622px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating exp. of the insurance investment portf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">olio ..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.755px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.08px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.666px; width: 733.382px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses fr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">om insurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.064px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.225px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 227.525px; width: 732.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.88px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.569)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.08px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.569)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.729px; width: 729.546px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.4776px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9151px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.395</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6411px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5103px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 272.885px; width: 728.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">224.481</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.528px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.892</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7524px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.968)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1322px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241.405</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 288.182px; width: 729.681px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in the profit of associates, after incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e tax ........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 413.816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 318.244px; width: 729.347px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net operating income ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5297px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.703.955</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.6853px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.343.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(133.492</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415555px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0434px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.673.615</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 349.932px; width: 733.259px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9233px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(145.107)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.339px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.294.014)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5147px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(528.046)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0729px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.967.167)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 365.229px; width: 734.009px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.64px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20.319)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1279px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(130.056)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2553px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">150.374)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 379.088px; width: 733.265px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net credit impairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.225px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.843px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 395.291px; width: 730.583px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit (loss) before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.558.849</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.8706px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(791.594)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6628px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.545.258</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 423.01px; width: 645.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses ....................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 687.5px; top: 423.01px; width: 46.3224px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(286.841)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 455.229px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.258.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.96px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Profit for the year ...........................................................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance operations consist of non-l<span class=\"_ _2\"></span>ife and life insur<span class=\"_ _0\"></span>ance, and are specified as follows for the year 2025:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:277.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 0.0058593px; width: 312.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.824px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Accident and</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.016px; top: 13.8652px; width: 379.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and cargo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Vehicle</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.376px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">l</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4455px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">health</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 326.812px; top: 27.5527px; width: 390.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.719px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">i</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9392px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.9121px; width: 730.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6964px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.259.996</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">598.496</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.934.298</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.733.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">495</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.983.829</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.584px; width: 134.118px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.459px; width: 732.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Claims incurred ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7065px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3.963.612)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(296.628)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14.312.771)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(553.717)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.1067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.102.580)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.3027px; width: 733.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Operating expense of insurance .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7065px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.391.597)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(188.101)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.613.922)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(440.696)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(656.831)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 101.178px; width: 732.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.327)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8789px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(77.538)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.985px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(90.952)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(242.603)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7362px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(27.155)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.99px; width: 729.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">42.461</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2715px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.230</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9759px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">916.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.479</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6509px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">197.262</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 146.178px; width: 124.099px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Health and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2052px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 399.422px; top: 160.037px; width: 228.716px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">critical illness</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">direct</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5451px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Foreign</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 317.703px; top: 173.881px; width: 390.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7467px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insuranc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">reinsu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1768px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 192.068px; width: 730.071px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">994.258</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.455.028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6872px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.9024px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 205.928px; width: 134.118px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.787px; width: 732.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Claims incurred ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9634px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(340.647)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(912.709)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.482.664)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1768px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">258.504</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.224.160</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.646px; width: 733.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Operating expense of insurance .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9634px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.307)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(269.326)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.779)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2052px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(13.064)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.564px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.334px; width: 732.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2715px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">64.960)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8789px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">18.116)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9426px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 265.334px; width: 729.092px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.344</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7362px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.724.308</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.424</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.969.732</span></span></span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance operations consist of non-life and lif<span class=\"_ _2\"></span>e insur<span class=\"_ _0\"></span>ance, and are specified as follows for the year 2024:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:277.171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 0.0117187px; width: 311.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.746px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Accident and</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.016px; top: 13.8555px; width: 378.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and cargo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Vehicle</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">health</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 328.25px; top: 27.5273px; width: 390.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">i</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.8867px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.045.707</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">553.593</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">87.781</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.669.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.842.849</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.5586px; width: 133.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 73.418px; width: 729.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Claims incurred .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.356.528)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.526)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(12.675.327)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.200.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.007.606)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 87.2617px; width: 729.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Operating expense of insurance ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">278.270)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(154.449)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.671.099)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(389.114)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(607.890)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 101.121px; width: 731.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.770)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(115.162)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(190.436)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(58.996)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(72.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">409)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 118.918px; width: 728.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.455</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">350.919</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.294</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">154.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 146.09px; width: 123.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Health and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 399.422px; top: 159.949px; width: 228.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">critical illness</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">direct</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Foreign</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 317.703px; top: 173.793px; width: 389.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insuranc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">reinsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 191.965px; width: 729.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">921.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.261.129</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">81.930</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 205.824px; width: 133.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 219.668px; width: 729.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Claims incurred .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(296.188</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(487.647)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21.232.499)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.079</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 233.527px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Operating expense of insurance ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(213.887)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(252.454)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.567.164)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.460)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.199px; width: 731.971px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">60.866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(164.922)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.184px; width: 728.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.848</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">56.106</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.433.706</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__25": {
   "value": "<span style=\"display:inherit;clear:left;\">5. </span><span style=\"display:inherit;clear:left;\">Oper<span class=\"_ _0\"></span>ating s<span class=\"_ _0\"></span>egment reporting</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>operates t<span class=\"_ _2\"></span>hrough <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>prim<span class=\"_ _2\"></span>ary <span class=\"_ _2\"></span>operating <span class=\"_ _2\"></span>segments: <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Operations, <span class=\"_ _2\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Investments, <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _13\"></span>Services. <span class=\"_ _13\"></span>These <span class=\"_ _13\"></span>segments <span class=\"_ _13\"></span>have <span class=\"_ _13\"></span>been <span class=\"_ _13\"></span>identified <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Group\u2019s <span class=\"_ _13\"></span>internal <span class=\"_ _13\"></span>reporting <span class=\"_ _13\"></span>structure, <span class=\"_ _13\"></span>which </span><span style=\"display:inherit;clear:left;\">reflects the nature of products and services o<span class=\"ff22\">ff</span>ered. </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _0\"></span>Operations <span class=\"_ _0\"></span>comp<span class=\"_ _2\"></span>rises the Gro<span class=\"_ _0\"></span>up\u2019<span class=\"_ _1\"></span>s core <span class=\"_ _0\"></span>insurance activ<span class=\"_ _2\"></span>ities<span class=\"_ _0\"></span>, including the underwr<span class=\"_ _2\"></span>iting of life<span class=\"_ _1\"></span>, health,<span class=\"_ _2\"></span> and </span><span style=\"display:inherit;clear:left;\">general insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce products. T<span class=\"_ _2\"></span>he revenue of this s<span class=\"_ _2\"></span>egment pr<span class=\"_ _2\"></span>imarily c<span class=\"_ _2\"></span>onsists of premium inc<span class=\"_ _2\"></span>ome from policy<span class=\"_ _2\"></span>holders. </span><span style=\"display:inherit;clear:left;\">Key expenses include claims incurred <span class=\"_ _2\"></span>and insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts opera<span class=\"_ _0\"></span>ting expenses. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls1a ws83\"> </span>Inv<span class=\"_ _0\"></span>estments<span class=\"ls1a ws83\"> </span>includ<span class=\"_ _2\"></span>es<span class=\"ls1a ws83\"> </span>the<span class=\"ls1a ws83\"> </span>management<span class=\"ls1a ws83\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls1a ws83\"> </span>assets<span class=\"ls1a ws83\"> </span>backing<span class=\"ls1a ws83\"> </span>insurance<span class=\"ls1a ws83\"> </span>liabilit<span class=\"_ _2\"></span>ies<span class=\"ls1a ws83\"> </span>as<span class=\"ls21 ws8a\"> </span>w<span class=\"_ _0\"></span>ell<span class=\"ls21 ws8a\"> </span>a<span class=\"_ _2\"></span>s<span class=\"ls21 ws8a\"> </span>proprietar<span class=\"_ _2\"></span>y </span><span style=\"display:inherit;clear:left;\">investment activiti<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>. It covers investments in fi<span class=\"_ _2\"></span>xed income securiti<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>, eq<span class=\"_ _2\"></span>uities and <span class=\"_ _2\"></span>other financ<span class=\"_ _2\"></span>ial instruments. Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">primar<span class=\"_ _2\"></span>y<span class=\"ls22 ws8b\"> </span>source<span class=\"ls23 ws8c\"> </span>of<span class=\"ls22 ws8b\"> </span>r<span class=\"_ _0\"></span>evenue<span class=\"ls24 ws8d\"> </span>for<span class=\"ls22 ws8b\"> </span>this<span class=\"ls22 ws8b\"> </span>s<span class=\"_ _2\"></span>egment<span class=\"ls22 ws8b\"> </span>is<span class=\"ls22 ws8b\"> </span>investmen<span class=\"_ _2\"></span>t<span class=\"ls22 ws8b\"> </span>income,<span class=\"ls23 ws8c\"> </span>including<span class=\"ls25 ws8e\"> </span>interest,<span class=\"ls22 ws8b\"> </span>div<span class=\"_ _2\"></span>idends,<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>realized<span class=\"ls22 ws8b\"> </span>or </span><span style=\"display:inherit;clear:left;\">unrealized gains on finan<span class=\"_ _2\"></span>cial assets. </span><span style=\"display:inherit;clear:left;\">The F<span class=\"_ _0\"></span>inancial <span class=\"_ _0\"></span>Ser<span class=\"_ _2\"></span>vices <span class=\"_ _0\"></span>segment comprises <span class=\"_ _0\"></span>activities <span class=\"_ _1\"></span>suc<span class=\"_ _2\"></span>h <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>asset management, <span class=\"_ _0\"></span>loans <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>customers, <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>other n<span class=\"_ _0\"></span>on-</span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance<span class=\"ls25 ws8e\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"ls25 ws8e\"> </span>products.<span class=\"ls25 ws8e\"> </span>Revenue<span class=\"ls25 ws8e\"> </span>in<span class=\"ls25 ws8e\"> </span>this<span class=\"ls25 ws8e\"> </span>segment<span class=\"ls25 ws8e\"> </span>is<span class=\"ls25 ws8e\"> </span>generat<span class=\"_ _0\"></span>ed<span class=\"ls25 ws8e\"> </span>through<span class=\"ls25 ws8e\"> </span>interest<span class=\"ls1f ws88\"> </span>income,<span class=\"ls25 ws8e\"> </span>management<span class=\"ls25 ws8e\"> </span>fees<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">advisor<span class=\"_ _2\"></span>y<span class=\"ls26 ws8f\"> </span>ser<span class=\"_ _2\"></span>vices,<span class=\"ls27 ws90\"> </span>and<span class=\"ls27 ws90\"> </span>other<span class=\"ls27 ws90\"> </span>financ<span class=\"_ _2\"></span>i<span class=\"_ _0\"></span>al<span class=\"ls27 ws90\"> </span>transactions.<span class=\"ls27 ws90\"> </span>This<span class=\"ls27 ws90\"> </span>segment<span class=\"ls27 ws90\"> </span>supports<span class=\"ls27 ws90\"> </span>the<span class=\"ls27 ws90\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls27 ws90\"> </span>str<span class=\"_ _0\"></span>ategic<span class=\"ls27 ws90\"> </span>objective<span class=\"ls28 ws91\"> </span>of </span><span style=\"display:inherit;clear:left;\">diversifyin<span class=\"_ _2\"></span>g income streams and<span class=\"_ _2\"></span> exp<span class=\"_ _0\"></span>anding its <span class=\"_ _2\"></span>pres<span class=\"_ _0\"></span>ence <span class=\"_ _2\"></span>in the broader finan<span class=\"_ _2\"></span>cial secto<span class=\"ls1d\">r</span>. </span><span style=\"display:inherit;clear:left;\">Inter<span class=\"_ _1\"></span>-<span class=\"_ _2\"></span>segment tr<span class=\"_ _0\"></span>ansactions, where <span class=\"_ _0\"></span>applicabl<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>, are conducted on <span class=\"_ _0\"></span>an arm<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span>s length basis, and <span class=\"_ _0\"></span>segment performance is </span><span style=\"display:inherit;clear:left;\">asses<span class=\"_ _0\"></span>sed based on key financ<span class=\"_ _2\"></span>ial metrics, including revenue<span class=\"_ _0\"></span>, profit be<span class=\"_ _2\"></span>fore tax, and return on capital. </span><span style=\"display:inherit;clear:left;\">The opera<span class=\"_ _0\"></span>ting segments' results for the period 1 J<span class=\"_ _2\"></span>anuar<span class=\"_ _2\"></span>y to 31 December <span class=\"_ _2\"></span>2025 are specified <span class=\"_ _2\"></span>as follows:<span class=\"ff4 ws92\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:459.8125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.562px; top: 0.0117187px; width: 27.0352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.172px; top: 13.8555px; width: 320.607px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Insur</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Supporting unit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.734px; top: 27.5273px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">investme</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nt</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and eliminations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.4961px; width: 729.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.504px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.168px; width: 732.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed ...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.084px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.443px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.0117px; width: 731.994px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 290.022px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8555px; width: 731.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.572px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.027px; width: 728.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.96</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.969.732</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.527px; width: 728.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net interest income .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.185px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.697</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 135.135px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.697</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.371px; width: 729.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net fee and com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mission income .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 202.969px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.533.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.248)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.357.631</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.215px; width: 728.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income .........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.586px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.354.626</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">189.068</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.858)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 197.043px; width: 732.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating exp. of the insurance investment portf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">olio ..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.656px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.887px; width: 732.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses fr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">om insurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.121px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.756px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.73px; width: 731.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.941px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(394.743)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(107.724)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.918px; width: 728.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">189.068</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.582)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.418px; width: 729.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">208.011</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.679px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.138</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.296)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210.853</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.871px; width: 728.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in the profit of associates, after inc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ome tax ......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.572px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">110.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">110.950</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 300.059px; width: 728.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net operating income ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.177.743</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.919</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.187.783</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(237.176)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.148.269</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 329.902px; width: 732.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(160.961)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.402px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.845.062)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.213)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.508.235)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 345.355px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Allocated costs from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">46.979)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(227.981)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(75.960)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">550.920</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 360.637px; width: 733.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.756px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">22.505)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(173.800)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">196.305)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 374.48px; width: 732.404px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net credit impairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.219px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.627)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.957px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.627)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 390.668px; width: 729.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit (loss) before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.508px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.769.803</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.062)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.630</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(362.269)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.437.102</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 420.684px; width: 644.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses ....................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 686.422px; top: 420.684px; width: 46.2715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(534.637)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 681.203px; top: 447.824px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.902.466</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.173px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Profit for the year ...........................................................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">The opera<span class=\"_ _0\"></span>ting segments' results f<span class=\"_ _0\"></span>or the <span class=\"_ _2\"></span>period 1 Januar<span class=\"_ _2\"></span>y to 31 Decemb<span class=\"_ _2\"></span>er 2024 are spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:467.21875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 0.0097656px; width: 27.0614px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 328.25px; top: 13.8691px; width: 321.194px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9514px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ins</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2553px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9514px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Supporting units</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.797px; top: 27.7285px; width: 381.712px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4627px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Investments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9233px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3627px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and eliminations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6628px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.541px; width: 729.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue ........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6606px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.82px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.4004px; width: 733.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.289px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 73.2598px; width: 733.294px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.072px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 290.754px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 87.1348px; width: 732.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5297px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.409px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.15px; width: 729.593px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3001px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.6899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.6625px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6411px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9904px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 139.682px; width: 729.353px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net interest income .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.157px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 135.061px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.541px; width: 730.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net fee and com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mission income ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.996px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.942.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(126.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415555px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0434px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.815.671</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 172.104px; width: 6.02014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 185.947px; width: 729.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income .........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.527px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.554.909</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9151px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.395</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.807px; width: 733.622px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating exp. of the insurance investment portf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">olio ..................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.755px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.08px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.666px; width: 733.382px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses fr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">om insurance contracts .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.064px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.225px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 227.525px; width: 732.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.88px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.569)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.08px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.569)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.729px; width: 729.546px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.4776px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9151px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.395</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6411px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5103px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 272.885px; width: 728.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">224.481</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.528px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.892</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7524px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.968)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1322px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241.405</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 288.182px; width: 729.681px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in the profit of associates, after incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e tax ........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 413.816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 318.244px; width: 729.347px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net operating income ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5297px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.703.955</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.6853px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.343.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(133.492</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415555px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0434px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.673.615</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 349.932px; width: 733.259px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9233px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(145.107)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.339px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.294.014)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5147px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(528.046)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0729px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.967.167)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 365.229px; width: 734.009px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.64px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20.319)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1279px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(130.056)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2553px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">150.374)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 379.088px; width: 733.265px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net credit impairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.225px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.843px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 395.291px; width: 730.583px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit (loss) before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.558.849</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4493px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.759.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.8706px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1277px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(791.594)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6628px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.545.258</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 423.01px; width: 645.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521199px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses ....................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 687.5px; top: 423.01px; width: 46.3224px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(286.841)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 455.229px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.258.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.96px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Profit for the year ...........................................................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance operations consist of non-l<span class=\"_ _2\"></span>ife and life insur<span class=\"_ _0\"></span>ance, and are specified as follows for the year 2025:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:277.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 0.0058593px; width: 312.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.824px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Accident and</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.016px; top: 13.8652px; width: 379.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0816px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and cargo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Vehicle</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.376px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">l</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4455px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">health</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 326.812px; top: 27.5527px; width: 390.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.719px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">i</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9392px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.9121px; width: 730.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6964px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.259.996</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">598.496</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.934.298</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.733.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">495</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.983.829</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.584px; width: 134.118px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.459px; width: 732.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Claims incurred ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7065px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3.963.612)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(296.628)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14.312.771)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(553.717)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.1067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.102.580)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.3027px; width: 733.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Operating expense of insurance .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7065px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.391.597)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(188.101)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.613.922)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(440.696)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(656.831)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 101.178px; width: 732.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.327)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8789px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(77.538)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.985px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(90.952)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(242.603)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7362px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(27.155)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.99px; width: 729.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">42.461</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2715px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.230</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9759px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">916.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.479</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6509px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">197.262</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 146.178px; width: 124.099px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Health and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2052px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 399.422px; top: 160.037px; width: 228.716px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">critical illness</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">direct</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5451px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Foreign</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 317.703px; top: 173.881px; width: 390.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7467px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insuranc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">reinsu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1768px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 192.068px; width: 730.071px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">994.258</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.455.028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1726px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6872px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.9024px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 205.928px; width: 134.118px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.787px; width: 732.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Claims incurred ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9634px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(340.647)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(912.709)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.399px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.482.664)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1768px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">258.504</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.224.160</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.646px; width: 733.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> - Operating expense of insurance .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9634px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.307)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.3094px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(269.326)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6955px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.416007px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.779)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2052px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(13.064)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.564px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.334px; width: 732.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2715px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">64.960)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8789px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">18.116)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9426px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1803px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(983.651)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 265.334px; width: 729.092px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2992px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521766px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.344</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3504px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7362px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.724.308</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.5067px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.424</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5522px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.969.732</span></span></span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance operations consist of non-life and lif<span class=\"_ _2\"></span>e insur<span class=\"_ _0\"></span>ance, and are specified as follows for the year 2024:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:277.171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 0.0117187px; width: 311.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.746px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Accident and</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.016px; top: 13.8555px; width: 378.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and cargo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Vehicle</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">health</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 328.25px; top: 27.5273px; width: 390.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">i</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.8867px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.045.707</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">553.593</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">87.781</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.669.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.842.849</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.5586px; width: 133.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 73.418px; width: 729.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Claims incurred .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.356.528)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(208.526)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(12.675.327)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.200.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.007.606)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 87.2617px; width: 729.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Operating expense of insurance ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">278.270)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(154.449)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.671.099)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(389.114)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(607.890)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 101.121px; width: 731.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.770)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(115.162)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(190.436)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(58.996)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(72.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">409)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 118.918px; width: 728.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.455</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">350.919</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.294</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">154.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 146.09px; width: 123.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Health and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 399.422px; top: 159.949px; width: 228.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">critical illness</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">direct</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Foreign</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 317.703px; top: 173.793px; width: 389.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">insuranc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">reinsurance</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 191.965px; width: 729.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">921.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.261.129</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">81.930</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 205.824px; width: 133.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 219.668px; width: 729.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Claims incurred .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(296.188</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(487.647)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21.232.499)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.079</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.90625px; top: 233.527px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">- Operating expense of insurance ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(213.887)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(252.454)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.567.164)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.460)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.199px; width: 731.971px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">60.866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(164.922)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.184px; width: 728.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service result .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.848</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">56.106</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.433.706</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__31-1": {
   "value": "<span style=\"display:inherit;clear:left;\">6.<span class=\"_ _cb\"> </span>Insur<span class=\"_ _1\"></span>ance ser<span class=\"_ _2\"></span>vice result</span><span style=\"display:inherit;clear:left;position:relative;height:240.640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 502.44px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 21.5742px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6855px; width: 143.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.4805px; width: 731.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3555px; width: 732.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.059px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(28.006.004)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.754.044)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.17px; width: 237.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from reinsurance contracts held</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 148.152px; width: 732.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.079.347)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(995.753)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.84px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers share in incurred claims</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.253</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.546</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 175.699px; width: 727.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fee and commis</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion income from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held .......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 196.418px; width: 732.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held.................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(98</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 228.652px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.969.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Insurance service result, total ..........................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">23.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">A<span class=\"_ _2\"></span>ss<span class=\"_ _0\"></span>ets from <span class=\"_ _0\"></span>reinsur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce contr<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>s held</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:57.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0117187px; width: 141.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.5778px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.6836px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> remaining coverage .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">227.397</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8424px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">207.751</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.5742px; width: 729.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> incurred claims </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9112px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">33.222</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.619</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.2773px; width: 728.944px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.3578px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">960.618</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.289.371</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;position:relative;height:574.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0px; width: 140.514px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets fo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r incurred claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 371.516px; top: 25.7188px; width: 258.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.402px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 371.516px; top: 41.3594px; width: 257.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 374.391px; top: 56.8281px; width: 330.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">coverage</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">r</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">isk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.9531px; width: 732.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.027px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(207.751)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(905.034)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(176.58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.289.371)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 105.391px; width: 726.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers' share of </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance revenue .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.079.347</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.945px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.079.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">47</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 121.031px; width: 731.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims recovered &amp; other directly attri</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">b. income ......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.443)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(370.734)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(73.789)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(450.967)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 136.688px; width: 728.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off pr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">evious y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs adju</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178.685</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">176.585</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">355.270</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 152.328px; width: 727.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on reinsurance contracts held ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.072.904</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.049)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">102.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">983.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.16px; width: 65.0508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 197.109px; width: 730.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s paid .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.098.993)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.508px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.098.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">993)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 213.828px; width: 727.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoveries from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">437.652</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.971px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">444.095</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 229.469px; width: 729.926px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lows .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.092.550)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">37.652</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.277px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(654.898)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 260.406px; width: 732.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.027px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(227.397)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(659.432)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(73.789)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(960.618)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 308.359px; width: 140.514px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets fo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r incurred claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 371.516px; top: 330.281px; width: 258.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.402px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 371.516px; top: 345.906px; width: 257.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 374.391px; top: 361.547px; width: 330.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">coverage</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">r</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">isk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 383.469px; width: 732.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.027px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(187.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1289px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.041.630)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(372.247)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.601.402)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 410.078px; width: 726.732px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers' share of </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance revenue .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">995.753</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.766px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">995.753</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 425.703px; width: 731.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims recovered &amp; other directly attri</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">b. income ......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.645)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(289.628)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(176.585)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(471.858)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 441.344px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off pr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">evious y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs adju</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.957px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">52.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">424.668</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 456.969px; width: 727.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on reinsurance contracts held ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">990.107</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(237.207)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">195.662</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">948.562</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 484.785px; width: 65.0508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 499.219px; width: 730.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s paid .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.015.979)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.508px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.015.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">979)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 514.844px; width: 727.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoveries from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">373.803</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.971px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">379.448</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 530.484px; width: 729.926px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lows .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.010.334)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">73.803</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.277px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(636.531)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 561.391px; width: 732.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.027px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(207.751)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(905.034)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(176.58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.2388px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.289.371)</span></span></span><span style=\"display:inherit;clear:left;\">25.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span></span></span><span style=\"display:inherit;clear:left;\">25.1 Insur<span class=\"_ _1\"></span>ance contract<span class=\"_ _0\"></span> liabilities<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act liabilities are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s:<span class=\"fc6\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:57.171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0078125px; width: 142.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6626px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6484px; width: 730.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for remaining coverage ........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.7072px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8181px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">608.357</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.5078px; width: 729.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y for incurred claims ...................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.573.179</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.135.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.1797px; width: 729.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for insurance contracts, total ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.744.014</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff4 fs20\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:741.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 0.0097656px; width: 51.2716px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 496.078px; top: 0.0097656px; width: 135.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 13.8848px; width: 94.9979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 498.047px; top: 13.8848px; width: 132.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 36.5566px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 36.5723px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 50.416px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 50.4316px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 64.2754px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 87.6816px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 111.26px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 125.119px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.143.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">340.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.484.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 138.979px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">781.843</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 152.838px; width: 733.204px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.400.356)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.8689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.472</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.259.885)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 166.51px; width: 732.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.525.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">480.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3.953.382)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 186.666px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.631.525</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.525</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 207.855px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 220.15px; width: 731.208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 234.01px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(23.228.373)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23.228.373)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 247.885px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 261.557px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.716.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.393.102</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 289.275px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 316.807px; width: 731.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.473.609</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6347px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.099.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 346.15px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2025. </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 378.385px; width: 264.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4195px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 392.229px; width: 285.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.4997px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 414.916px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 414.932px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 428.775px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 428.775px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 442.635px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 466.041px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.185.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.518.797</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">766.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.470.289</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 489.619px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 503.479px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.966.745</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">273.912</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.240.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 517.338px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 531.197px; width: 733.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(640.740)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4963px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(421.497)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.062.237)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 544.885px; width: 732.443px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.901.629</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1127px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(147.586)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.428.036)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 565.041px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.121.708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.708</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 586.215px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 598.51px; width: 729.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received ........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 612.369px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20.423.661)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20.423.661)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 626.244px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 639.916px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25.544.236)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.061.069</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 667.635px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 695.182px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 724.525px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2024. </span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff12 fs1e\"> <span class=\"_ _f9\"> </span><span class=\"ff4 fs20\"> </span></span></span><span style=\"display:inherit;clear:left;\">25.2 Developme<span class=\"_ _0\"></span>nt of incu<span class=\"_ _0\"></span>rred claims<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>able <span class=\"_ _2\"></span>shows <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>estimate <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>amou<span class=\"_ _0\"></span>nt <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>claims <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>claim <span class=\"_ _2\"></span>year <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>how <span class=\"_ _13\"></span>this <span class=\"_ _2\"></span>estimate h<span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">developed <span class=\"_ _14\"></span>f<span class=\"_ _2\"></span>rom <span class=\"_ _13\"></span>year <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>ye<span class=\"_ _2\"></span>ar<span class=\"_ _95\"></span>. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"></span>liability <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>paid <span class=\"_ _14\"></span>claim<span class=\"_ _2\"></span>s, <span class=\"_ _13\"></span>reported <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>un<span class=\"_ _2\"></span>settled <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>unreported </span><span style=\"display:inherit;clear:left;\">claims. </span><span style=\"display:inherit;clear:left;position:relative;height:348.0625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 0.0058593px; width: 138.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total amounts in ISK m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">illi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">on</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.3965px; width: 455.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7381px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6152px; width: 159.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.834px; width: 677.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.555</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.105</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.860</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.354</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.160</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0527px; width: 621.653px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.377</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.532</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.267</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.2871px; width: 566.194px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.928</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.606</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5059px; width: 511.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.618</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.984</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.725px; width: 456.155px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.325</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.561</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.943px; width: 399.892px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.265</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.439</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.162px; width: 344.392px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.245</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.381px; width: 289.243px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02643px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.037px; width: 157.046px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.256px; width: 677.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.606</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.912px; width: 115.843px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.146px; width: 676.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.119</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.785</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.239</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.705</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.237</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.954</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.365px; width: 733.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0675px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9592px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">907</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.844</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.584px; width: 732.613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.6552px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6909px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3952px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.615px; width: 678.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions from 2017 and prior years ................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 715.328px; top: 307.615px; width: 18.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 321.475px; width: 676.433px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross provisions for C</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">laims, end of year ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.844px; top: 321.475px; width: 34.0576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.892</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.693px; width: 677.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt releated to Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty for incurred claim (LIC) and other insurance liabilities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 706.156px; top: 335.693px; width: 27.8616px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.681</span></span></span><span style=\"display:inherit;clear:left;\">The following tables show the reinsurers<span class=\"_ _0\"></span>' share of the liabili<span class=\"_ _2\"></span>ty and the liability n<span class=\"_ _2\"></span>et of reinsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:348.09375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0.0097656px; width: 260.407px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rom reinsurance contract</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s held in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.416px; width: 455.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7252px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6348px; width: 159.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.8535px; width: 677.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">668</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">564</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">878</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">276</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0723px; width: 621.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">651</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">221</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.291px; width: 565.841px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">889</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">194</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">13</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5098px; width: 510.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1194px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">901</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">707</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">215</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.729px; width: 456.274px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0283px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">900</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">664</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">41</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 123.135px; width: 399.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.354px; width: 344.78px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">43</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.572px; width: 289.214px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02568px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.229px; width: 157.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.463px; width: 677.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">641</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">86</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.119px; width: 115.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.338px; width: 676.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">42</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">228</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.557px; width: 733.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3996px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6959px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.604px; width: 677.833px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ........................................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 293.604px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.463px; width: 676.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverables from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2017 and prior y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 307.463px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 321.494px; width: 677.247px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverabels for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s, end of ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ..................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 321.494px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.729px; width: 677.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets releated to incurred claim (LIC) and other insurance asse</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts  ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 335.729px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:334.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 572.625px; top: 0.0136718px; width: 162.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net of own account in ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 266.875px; top: 23.4668px; width: 456.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2020</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7304px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.7012px; width: 159.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 51.9512px; width: 678.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.887</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.966</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.168</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.584</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 66.2012px; width: 622.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.680</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.656</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.156</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.709</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.858</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 80.4512px; width: 566.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.085</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.646</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.307</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.696</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.149</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 94.5137px; width: 511.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.214</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 108.764px; width: 456.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.662</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 123.014px; width: 400.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 137.264px; width: 345.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 151.514px; width: 289.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.248px; width: 157.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 208.482px; width: 679.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.149</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.232px; width: 116.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 265.467px; width: 678.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2024 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.141</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.902</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.726</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 279.717px; width: 734.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">318</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.334</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.073</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.420</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 293.967px; width: 734.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 308.029px; width: 678.322px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net Provisions from 2017 and prior years .........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 717.547px; top: 308.029px; width: 18.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">156</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 321.92px; width: 676.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for incurred claims (L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">IC) and assets for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s (AIC) ............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 702.047px; top: 321.92px; width: 34.1133px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.168</span></span></span><span style=\"display:inherit;clear:left;\">25.3 Eiopa yield curv<span class=\"_ _0\"></span>es used o<span class=\"_ _0\"></span>n all contr<span class=\"_ _0\"></span>acts me<span class=\"_ _0\"></span>asure<span class=\"_ _0\"></span>d under P<span class=\"_ _1\"></span>AA: </span><span style=\"display:inherit;clear:left;position:relative;height:47.78125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 70.3594px; top: 0.0058593px; width: 292.638px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.838px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.7715px; width: 438.981px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.889px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0552px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3713px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.4126px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02982px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.4669px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 18.8906px; top: 33.5371px; width: 424.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.733px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,9%</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReinsuranceExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__30": {
   "value": "<span style=\"display:inherit;clear:left;\">6.<span class=\"_ _cb\"> </span>Insur<span class=\"_ _1\"></span>ance ser<span class=\"_ _2\"></span>vice result</span><span style=\"display:inherit;clear:left;position:relative;height:240.640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 502.44px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 21.5742px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6855px; width: 143.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.4805px; width: 731.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3555px; width: 732.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.059px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(28.006.004)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.754.044)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.17px; width: 237.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from reinsurance contracts held</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 148.152px; width: 732.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.079.347)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(995.753)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.84px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers share in incurred claims</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.253</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.546</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 175.699px; width: 727.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fee and commis</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion income from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held .......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 196.418px; width: 732.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held.................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(98</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 228.652px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.969.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Insurance service result, total ..........................................................................................................................................</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfClaimsAndBenefitsPaidExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__29-1": {
   "value": "<span style=\"display:inherit;clear:left;\">6.<span class=\"_ _cb\"> </span>Insur<span class=\"_ _1\"></span>ance ser<span class=\"_ _2\"></span>vice result</span><span style=\"display:inherit;clear:left;position:relative;height:240.640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 502.44px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 21.5742px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6855px; width: 143.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.4805px; width: 731.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3555px; width: 732.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.059px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(28.006.004)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.754.044)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.17px; width: 237.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from reinsurance contracts held</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 148.152px; width: 732.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.079.347)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(995.753)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.84px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers share in incurred claims</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.253</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.546</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 175.699px; width: 727.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fee and commis</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion income from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held .......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 196.418px; width: 732.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held.................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(98</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 228.652px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.969.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Insurance service result, total ..........................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__28-1": {
   "value": "<span style=\"display:inherit;clear:left;\">6.<span class=\"_ _cb\"> </span>Insur<span class=\"_ _1\"></span>ance ser<span class=\"_ _2\"></span>vice result</span><span style=\"display:inherit;clear:left;position:relative;height:240.640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 502.44px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 21.5742px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6855px; width: 143.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.4805px; width: 731.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3555px; width: 732.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.059px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(28.006.004)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.754.044)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.17px; width: 237.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from reinsurance contracts held</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 148.152px; width: 732.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.079.347)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(995.753)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.84px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers share in incurred claims</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.253</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.546</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 175.699px; width: 727.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fee and commis</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion income from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held .......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 196.418px; width: 732.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held.................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(98</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 228.652px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.969.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Insurance service result, total ..........................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">25.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span></span></span><span style=\"display:inherit;clear:left;\">25.1 Insur<span class=\"_ _1\"></span>ance contract<span class=\"_ _0\"></span> liabilities<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act liabilities are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s:<span class=\"fc6\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:57.171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0078125px; width: 142.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6626px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6484px; width: 730.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for remaining coverage ........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.7072px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8181px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">608.357</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.5078px; width: 729.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y for incurred claims ...................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.573.179</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.135.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.1797px; width: 729.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for insurance contracts, total ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.744.014</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff4 fs20\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:741.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 0.0097656px; width: 51.2716px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 496.078px; top: 0.0097656px; width: 135.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 13.8848px; width: 94.9979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 498.047px; top: 13.8848px; width: 132.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 36.5566px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 36.5723px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 50.416px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 50.4316px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 64.2754px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 87.6816px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 111.26px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 125.119px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.143.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">340.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.484.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 138.979px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">781.843</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 152.838px; width: 733.204px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.400.356)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.8689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.472</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.259.885)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 166.51px; width: 732.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.525.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">480.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3.953.382)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 186.666px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.631.525</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.525</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 207.855px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 220.15px; width: 731.208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 234.01px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(23.228.373)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23.228.373)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 247.885px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 261.557px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.716.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.393.102</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 289.275px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 316.807px; width: 731.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.473.609</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6347px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.099.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 346.15px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2025. </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 378.385px; width: 264.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4195px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 392.229px; width: 285.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.4997px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 414.916px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 414.932px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 428.775px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 428.775px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 442.635px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 466.041px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.185.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.518.797</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">766.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.470.289</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 489.619px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 503.479px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.966.745</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">273.912</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.240.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 517.338px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 531.197px; width: 733.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(640.740)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4963px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(421.497)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.062.237)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 544.885px; width: 732.443px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.901.629</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1127px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(147.586)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.428.036)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 565.041px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.121.708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.708</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 586.215px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 598.51px; width: 729.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received ........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 612.369px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20.423.661)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20.423.661)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 626.244px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 639.916px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25.544.236)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.061.069</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 667.635px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 695.182px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 724.525px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2024. </span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff12 fs1e\"> <span class=\"_ _f9\"> </span><span class=\"ff4 fs20\"> </span></span></span><span style=\"display:inherit;clear:left;\">25.2 Developme<span class=\"_ _0\"></span>nt of incu<span class=\"_ _0\"></span>rred claims<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>able <span class=\"_ _2\"></span>shows <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>estimate <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>amou<span class=\"_ _0\"></span>nt <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>claims <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>claim <span class=\"_ _2\"></span>year <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>how <span class=\"_ _13\"></span>this <span class=\"_ _2\"></span>estimate h<span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">developed <span class=\"_ _14\"></span>f<span class=\"_ _2\"></span>rom <span class=\"_ _13\"></span>year <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>ye<span class=\"_ _2\"></span>ar<span class=\"_ _95\"></span>. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"></span>liability <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>paid <span class=\"_ _14\"></span>claim<span class=\"_ _2\"></span>s, <span class=\"_ _13\"></span>reported <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>un<span class=\"_ _2\"></span>settled <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>unreported </span><span style=\"display:inherit;clear:left;\">claims. </span><span style=\"display:inherit;clear:left;position:relative;height:348.0625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 0.0058593px; width: 138.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total amounts in ISK m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">illi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">on</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.3965px; width: 455.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7381px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6152px; width: 159.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.834px; width: 677.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.555</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.105</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.860</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.354</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.160</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0527px; width: 621.653px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.377</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.532</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.267</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.2871px; width: 566.194px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.928</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.606</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5059px; width: 511.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.618</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.984</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.725px; width: 456.155px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.325</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.561</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.943px; width: 399.892px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.265</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.439</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.162px; width: 344.392px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.245</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.381px; width: 289.243px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02643px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.037px; width: 157.046px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.256px; width: 677.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.606</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.912px; width: 115.843px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.146px; width: 676.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.119</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.785</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.239</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.705</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.237</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.954</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.365px; width: 733.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0675px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9592px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">907</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.844</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.584px; width: 732.613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.6552px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6909px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3952px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.615px; width: 678.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions from 2017 and prior years ................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 715.328px; top: 307.615px; width: 18.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 321.475px; width: 676.433px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross provisions for C</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">laims, end of year ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.844px; top: 321.475px; width: 34.0576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.892</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.693px; width: 677.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt releated to Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty for incurred claim (LIC) and other insurance liabilities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 706.156px; top: 335.693px; width: 27.8616px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.681</span></span></span><span style=\"display:inherit;clear:left;\">The following tables show the reinsurers<span class=\"_ _0\"></span>' share of the liabili<span class=\"_ _2\"></span>ty and the liability n<span class=\"_ _2\"></span>et of reinsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:348.09375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0.0097656px; width: 260.407px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rom reinsurance contract</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s held in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.416px; width: 455.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7252px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6348px; width: 159.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.8535px; width: 677.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">668</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">564</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">878</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">276</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0723px; width: 621.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">651</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">221</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.291px; width: 565.841px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">889</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">194</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">13</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5098px; width: 510.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1194px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">901</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">707</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">215</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.729px; width: 456.274px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0283px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">900</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">664</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">41</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 123.135px; width: 399.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.354px; width: 344.78px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">43</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.572px; width: 289.214px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02568px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.229px; width: 157.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.463px; width: 677.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">641</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">86</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.119px; width: 115.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.338px; width: 676.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">42</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">228</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.557px; width: 733.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3996px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6959px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.604px; width: 677.833px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ........................................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 293.604px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.463px; width: 676.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverables from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2017 and prior y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 307.463px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 321.494px; width: 677.247px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverabels for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s, end of ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ..................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 321.494px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.729px; width: 677.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets releated to incurred claim (LIC) and other insurance asse</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts  ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 335.729px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:334.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 572.625px; top: 0.0136718px; width: 162.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net of own account in ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 266.875px; top: 23.4668px; width: 456.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2020</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7304px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.7012px; width: 159.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 51.9512px; width: 678.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.887</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.966</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.168</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.584</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 66.2012px; width: 622.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.680</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.656</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.156</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.709</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.858</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 80.4512px; width: 566.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.085</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.646</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.307</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.696</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.149</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 94.5137px; width: 511.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.214</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 108.764px; width: 456.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.662</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 123.014px; width: 400.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 137.264px; width: 345.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 151.514px; width: 289.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.248px; width: 157.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 208.482px; width: 679.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.149</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.232px; width: 116.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 265.467px; width: 678.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2024 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.141</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.902</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.726</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 279.717px; width: 734.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">318</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.334</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.073</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.420</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 293.967px; width: 734.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 308.029px; width: 678.322px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net Provisions from 2017 and prior years .........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 717.547px; top: 308.029px; width: 18.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">156</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 321.92px; width: 676.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for incurred claims (L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">IC) and assets for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s (AIC) ............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 702.047px; top: 321.92px; width: 34.1133px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.168</span></span></span><span style=\"display:inherit;clear:left;\">25.3 Eiopa yield curv<span class=\"_ _0\"></span>es used o<span class=\"_ _0\"></span>n all contr<span class=\"_ _0\"></span>acts me<span class=\"_ _0\"></span>asure<span class=\"_ _0\"></span>d under P<span class=\"_ _1\"></span>AA: </span><span style=\"display:inherit;clear:left;position:relative;height:47.78125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 70.3594px; top: 0.0058593px; width: 292.638px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.838px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.7715px; width: 438.981px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.889px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0552px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3713px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.4126px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02982px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.4669px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 18.8906px; top: 33.5371px; width: 424.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.733px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,9%</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsuranceContractsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__27-1": {
   "value": "<span style=\"display:inherit;clear:left;\">6.<span class=\"_ _cb\"> </span>Insur<span class=\"_ _1\"></span>ance ser<span class=\"_ _2\"></span>vice result</span><span style=\"display:inherit;clear:left;position:relative;height:240.640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 502.44px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 21.5742px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6855px; width: 143.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.4805px; width: 731.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims incurred ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.224.160)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(21.178.419)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3555px; width: 732.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.781.843)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.575.624)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.059px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance service expenses..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(28.006.004)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.754.044)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.17px; width: 237.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from reinsurance contracts held</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 148.152px; width: 732.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.079.347)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(995.753)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.84px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurers share in incurred claims</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.253</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.546</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 175.699px; width: 727.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fee and commis</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion income from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held .......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.645</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 196.418px; width: 732.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> reinsurance contracts held.................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(98</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.651)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(948.562)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 228.652px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.969.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.479.475</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Insurance service result, total ..........................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">35.8 Insur<span class=\"_ _1\"></span>ance risk </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"ws116\">risk <span class=\"ws117\">compromises <span class=\"ws118\">of <span class=\"ws0\">underwriting risk <span class=\"_ _2\"></span><span class=\"ws119\">and <span class=\"ws11a\">reserve <span class=\"ws11b\">risk. <span class=\"ws11c\"> <span class=\"ws11d\">The </span></span></span></span></span>underwriting risk is <span class=\"_ _2\"></span><span class=\"ws11e\">the <span class=\"ws11f\">risk <span class=\"ws120\">that </span></span>the </span>insurance </span></span></span></span></span><span style=\"display:inherit;clear:left;\">premiums <span class=\"ws122\">are <span class=\"ws123\">not <span class=\"ws0\">su<span class=\"ff4e\">ff</span><span class=\"wsad\">icient <span class=\"ws9d\">to <span class=\"ws124\">cover <span class=\"ws125\">the <span class=\"ws10b\">losses <span class=\"_ _2\"></span><span class=\"wsb0\">and <span class=\"ws126\">other <span class=\"ws127\">of <span class=\"ws128\">the <span class=\"ws129\">insurance </span></span></span></span></span></span></span></span></span></span>contracts.  </span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>underwriting <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insurance <span class=\"_ _13\"></span>premiums <span class=\"_ _2\"></span>collected <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>su<span class=\"ff4f\">ff</span>icient <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>cover <span class=\"_ _13\"></span>losses, <span class=\"_ _2\"></span>claims, <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">expenses <span class=\"_ _2\"></span>arisi<span class=\"_ _2\"></span>ng from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts. <span class=\"_ _2\"></span>It <span class=\"_ _2\"></span>can b<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>broken d<span class=\"_ _2\"></span>own i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>life<span class=\"_ _0\"></span>, h<span class=\"_ _2\"></span>ealth, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>n-life <span class=\"_ _2\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>ris<span class=\"_ _2\"></span>ks, </span><span style=\"display:inherit;clear:left;\">each<span class=\"ls4f ws12a\"> <span class=\"_ _2\"></span></span>of<span class=\"ls4f ws12b\"> </span>which<span class=\"ls4f ws12a\"> </span>c<span class=\"_ _2\"></span>an<span class=\"ls4f ws12b\"> </span>be<span class=\"ls4f ws12b\"> </span>furth<span class=\"_ _2\"></span>er<span class=\"ls4f ws12b\"> </span>divid<span class=\"_ _2\"></span>ed<span class=\"ls4f ws12b\"> </span>into<span class=\"ls4f ws12b\"> </span>sub<span class=\"_ _2\"></span>-c<span class=\"_ _2\"></span>ategories.<span class=\"ls42 wse5\"> </span>The<span class=\"ls42 wsde\"> </span>main<span class=\"ls4f ws12b\"> </span>risk<span class=\"ls42 wsde\"> </span>dr<span class=\"_ _2\"></span>ivers<span class=\"ls4f ws12b\"> </span>are<span class=\"ls4f ws12c\"> </span>increase<span class=\"_ _2\"></span><span class=\"ls4f ws12b\"> </span>in<span class=\"ls4f ws12b\"> </span>claims<span class=\"ls4f ws12b\"> </span>freq<span class=\"_ _2\"></span>uenc<span class=\"ls1\">y</span>, </span><span style=\"display:inherit;clear:left;\">claims in\ufb02<span class=\"_ _2\"></span>ation, large loss even<span class=\"_ _2\"></span>ts and loss of a sin<span class=\"_ _2\"></span>gle large r<span class=\"_ _2\"></span>isk. </span><span style=\"display:inherit;clear:left;\">Mitigation <span class=\"_ _18\"> </span>measures <span class=\"_\"> </span>for <span class=\"_ _18\"></span>underwriting <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>typically <span class=\"_ _18\"> </span>include <span class=\"_\"> </span>rigours <span class=\"_ _18\"></span>monitoring <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>insurance <span class=\"_\"> </span>risk, <span class=\"_ _18\"></span>prudent <span class=\"_\"> </span>risk </span><span style=\"display:inherit;clear:left;\">selection, <span class=\"_ _2\"></span>well <span class=\"_ _2\"></span>diversified <span class=\"_ _2\"></span>business <span class=\"_ _2\"></span>across <span class=\"_ _2\"></span>many di<span class=\"ff50\">ff</span>erent <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>groups, <span class=\"_ _2\"></span>premium <span class=\"_ _2\"></span>setting <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on actuarial <span class=\"_ _2\"></span>analysis, </span><span style=\"display:inherit;clear:left;\">policy terms, and the use of reinsurance to transfer a portion of the risk. </span><span style=\"display:inherit;clear:left;\">Reserve risk refers to the possibility that the technical provisions (reserves) held by the insurer are insu<span class=\"_ _2\"></span><span class=\"ff51\">ff</span>icient to </span><span style=\"display:inherit;clear:left;\">cove<span class=\"ws12d\">r </span>futur<span class=\"wsc4\">e </span>claim ob<span class=\"_ _2\"></span>ligations<span class=\"ws12e\">. </span>Inadequ<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span><span class=\"wsaf\">e <span class=\"ws0\">reserve</span>s <span class=\"ws0\">ma<span class=\"wsbf\">y </span>resul<span class=\"wsab\">t </span>fro<span class=\"wsec\">m </span>inaccura<span class=\"ws102\">te </span>es<span class=\"_ _0\"></span>timate<span class=\"wsef\">s </span>o<span class=\"ws12f\">f </span>fut<span class=\"_ _2\"></span>ur<span class=\"ws130\">e </span>claim<span class=\"wsfa\">s </span>or </span></span></span><span style=\"display:inherit;clear:left;\">change<span class=\"ws131\">s </span>i<span class=\"ws132\">n </span>assumptio<span class=\"_ _2\"></span>n<span class=\"wsef\">s </span>suc<span class=\"wsc6\">h </span>a<span class=\"ws133\">s <span class=\"_ _2\"></span></span>in\ufb02atio<span class=\"ws134\">n </span>rate<span class=\"wsef\">s </span>o<span class=\"wsc5\">r </span>leg<span class=\"ws135\">al </span>settle<span class=\"_ _2\"></span>ments. </span><span style=\"display:inherit;clear:left;\">T</span><span style=\"display:inherit;clear:left;\">o<span class=\"ls50 ws136\"> </span>miti<span class=\"_ _2\"></span>gate<span class=\"_ _0\"></span><span class=\"ls51 ws137\"> <span class=\"ls0 ws0\">reserve<span class=\"ls50 ws136\"> </span>risk<span class=\"_ _2\"></span>,</span> <span class=\"ls0 ws0\">the</span> <span class=\"ls0 ws0\">Group<span class=\"ls52 ws138\"> </span>r<span class=\"_ _0\"></span>egularly<span class=\"ls50 ws136\"> </span>revi<span class=\"_ _2\"></span>ews<span class=\"ls50 ws136\"> </span>and<span class=\"ls50 ws136\"> </span>reassesses<span class=\"ls53 ws139\"> </span>t<span class=\"_ _0\"></span>echni<span class=\"_ _2\"></span>cal<span class=\"ls50 ws136\"> </span>provisions<span class=\"ls51 ws137\"> </span>usin<span class=\"_ _2\"></span>g<span class=\"ls50 ws136\"> </span>actuarial </span></span></span><span style=\"display:inherit;clear:left;\">metho<span class=\"_ _2\"></span>dologies.<span class=\"ls54 ws13a\"> </span>This<span class=\"ls54 wsdb\"> </span>inc<span class=\"_ _2\"></span>ludes<span class=\"ls54 ws13a\"> </span>applying<span class=\"ls55 ws13b\"> </span>his<span class=\"_ _2\"></span>torical<span class=\"ls55 ws13c\"> </span>claims<span class=\"ls54 wsdb\"> </span>data,<span class=\"ls54 wsdb\"> </span>tren<span class=\"_ _2\"></span>d<span class=\"ls55 ws13c\"> </span>analyses<span class=\"_ _0\"></span>,<span class=\"ls54 ws13d\"> </span>and<span class=\"ls54 wsdb\"> </span>stress-testing<span class=\"ls55 ws13c\"> </span>sce<span class=\"_ _2\"></span>narios. </span><span style=\"display:inherit;clear:left;\">Indep<span class=\"_ _2\"></span>endent ac<span class=\"_ _2\"></span>tuarial assessments may al<span class=\"_ _2\"></span>so be used<span class=\"_ _2\"></span> to ensure the <span class=\"_ _2\"></span>adequacy o<span class=\"_ _2\"></span>f reserves.</span><span style=\"display:inherit;clear:left;position:relative;height:218.59375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.05859px; width: 251.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance categories - insurance revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 0.0039062px; width: 28.4142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 635.188px; top: 0.0039062px; width: 28.4142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2539px; width: 354.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 21.2539px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.259.996</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 518.203px; top: 20.8945px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">19,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 21.2539px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.045.707</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 697.859px; top: 20.8945px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6445px; width: 352.743px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine and cargo insurance ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 406.266px; top: 37.6445px; width: 46.1526px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">598.496</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 37.2695px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 37.6445px; width: 46.1526px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">553.593</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 37.2695px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0195px; width: 355.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vehicle insurance .......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 54.0195px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.934.298</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 518.203px; top: 53.6602px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">56,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 54.0195px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.887.781</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 697.859px; top: 53.6602px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">54,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4102px; width: 355.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance .......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 70.4102px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.733.495</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 70.0508px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 70.4102px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.669.081</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 70.0508px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.7852px; width: 354.897px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accident and health insurance ...................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 86.7852px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.983.829</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 86.4258px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 86.7852px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.842.849</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 86.4258px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.176px; width: 354.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life and health insurance ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 103.176px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.449.287</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 102.816px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 103.176px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.182.918</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 102.816px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.566px; width: 354.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance ...............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 119.566px; width: 22.7114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 119.191px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 119.566px; width: 21.3105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">150</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 119.191px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 137.566px; width: 344.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.8556px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.2946px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.074px; width: 317.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Domestic and foreign o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">perations - premiums earned</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 171.598px; width: 353.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Domestic opera</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tions ..................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 171.598px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.401</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 171.051px; width: 43.3041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 171.598px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.181.930</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 689.609px; top: 171.051px; width: 43.3041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 187.973px; width: 353.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign operations .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 187.973px; width: 22.7114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 187.426px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 187.973px; width: 21.3105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">150</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 187.426px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 204.348px; width: 344.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.8556px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.2946px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">The under<span class=\"_ _2\"></span>writin<span class=\"_ _2\"></span>g risk is mainly managed<span class=\"_ _2\"></span> in the in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e gu<span class=\"_ _0\"></span>idelin<span class=\"_ _2\"></span>es and via business process<span class=\"_ _0\"></span>es and under<span class=\"_ _2\"></span>writing </span><span style=\"display:inherit;clear:left;\">rules. </span><span style=\"display:inherit;clear:left;\">Reinsur<span class=\"_ _0\"></span>ance is used<span class=\"_ _2\"></span> to manage part of the und<span class=\"_ _2\"></span>erwritin<span class=\"_ _2\"></span>g risk. The is mainly<span class=\"_ _2\"></span> the risk of l<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>ge claims or major<span class=\"_ _2\"></span> events. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>reserve <span class=\"_ _16\"> </span>risk <span class=\"_ _18\"></span>is <span class=\"_ _18\"> </span>managed <span class=\"_ _16\"> </span>throu<span class=\"_ _0\"></span>gh <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>guidel<span class=\"_ _2\"></span>ines, <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _14\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>guidelines <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>reservin<span class=\"_ _2\"></span>g <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>set <span class=\"_ _18\"> </span>out. </span><span style=\"display:inherit;clear:left;\">Reserves <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>ong-tailed ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>subjec<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>iscounting <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>in\ufb02ation risk<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>These <span class=\"_ _0\"></span>risks <span class=\"_ _1\"></span>are managed <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hrough <span class=\"_ _1\"></span>groups </span><span style=\"display:inherit;clear:left;\">assets portf<span class=\"_ _0\"></span>olio matching th<span class=\"_ _2\"></span>e financial risks.  </span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span><span class=\"wsaa\">c</span>laims i<span class=\"wsa3\">n </span>the insurance business </span><span style=\"display:inherit;clear:left;\">The following table shows the impact of a 1% change in claim amounts, the claims provision and premiums on the </span><span style=\"display:inherit;clear:left;\">Group's profit or loss and equity<span class=\"_ _1\"></span>. A 1% decrease in claim amounts would have the same e<span class=\"ff52\">ff</span>ect but in the opposite </span><span style=\"display:inherit;clear:left;\">directio<span class=\"_ _2\"></span>n. </span><span style=\"display:inherit;clear:left;position:relative;height:68.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0039062px; width: 118.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.6748px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.6445px; width: 552.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ounts ...................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.6445px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.853</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">169.095</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 38.0352px; width: 549.786px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision ................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 38.0352px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">200.221</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.457px; width: 550.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iums based on no change in claims and cost ratios .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 54.457px; width: 119.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2813px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.028</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>main <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>factors <span class=\"_ _2\"></span>involve <span class=\"_ _2\"></span>mistakes <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>processing <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>settlement <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>claims, <span class=\"_ _2\"></span>wrong <span class=\"_ _2\"></span>decision-making <span class=\"_ _13\"></span>or <span class=\"_ _2\"></span>fraud </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _2\"></span>employees. <span class=\"_ _13\"></span>There <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>also <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claimant <span class=\"_ _2\"></span>gives <span class=\"_ _13\"></span>wrong <span class=\"_ _2\"></span>information <span class=\"_ _13\"></span>or <span class=\"_ _2\"></span>exaggerates <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff53\">ff</span>ects <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>loss, </span><span style=\"display:inherit;clear:left;\">i.e. <span class=\"_\"> </span>insurance <span class=\"_\"> </span>fraud. <span class=\"_ _17\"> </span>Other <span class=\"_\"> </span>risks <span class=\"_\"> </span>relate <span class=\"_ _17\"> </span>to <span class=\"_\"> </span>the <span class=\"_\"> </span>handling <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>sensitive <span class=\"_\"> </span>personal <span class=\"_ _17\"> </span>information <span class=\"_\"> </span>and <span class=\"_\"> </span>that <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>Group's</span><span style=\"display:inherit;clear:left;\">contractors will go beyond their purview.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsurancePremiumRevenueExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__33": {
   "value": "<span style=\"display:inherit;clear:left;\">7.<span class=\"_ _cb\"> </span>Net interes<span class=\"_ _0\"></span>t income</span><span style=\"display:inherit;clear:left;position:relative;height:214.40625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 713.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income is specified as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 400.267px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.0645px; width: 562.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits, cash and other interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 17.0645px; width: 126.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">111.163</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">95.316</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.9551px; width: 563.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 600.422px; top: 30.9551px; width: 135.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.140.344</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">465.563</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.8301px; width: 562.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on forward contract derivatives ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 44.8301px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">471.782</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">580.687</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.8926px; width: 562.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on financial assets at fa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ir valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 58.8926px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">207.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">206.404</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.7832px; width: 562.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on financial assets recorded at fa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ir valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e through other comprehensive income </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 72.7832px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.704</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">234.383</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.4238px; width: 563.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income, total .............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 600.422px; top: 92.4238px; width: 135.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.151.175</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.582.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 121.814px; width: 562.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">et deposits and other borrowin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">gs .............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.641px; top: 121.814px; width: 143.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.144.470)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.019.977)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.689px; width: 563.719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.625px; top: 135.689px; width: 134.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(480.174)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(307</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.849)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.768px; width: 563.027px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other interest expenses ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 611.75px; top: 149.768px; width: 127.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(65.834)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.471)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.674px; width: 563.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses, total ..................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.641px; top: 170.674px; width: 143.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.690.478)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.345.297)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 202.408px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">460.697</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -735.056px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Net interest income, total ...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span></span></span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>expenses <span class=\"_ _2\"></span>above <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>financial <span class=\"_ _13\"></span>services <span class=\"_ _13\"></span>operations. <span class=\"_ _13\"></span>Net <span class=\"_ _13\"></span>interest <span class=\"_ _14\"></span>income <span class=\"_ _13\"></span>presented <span class=\"_ _13\"></span>in <span class=\"_ _14\"></span>the </span><span style=\"display:inherit;clear:left;\">table <span class=\"_ _2\"></span>above <span class=\"_ _13\"></span>calculated <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff24\">ff</span>ective <span class=\"_ _13\"></span>interest <span class=\"_ _2\"></span>rate <span class=\"_ _2\"></span>method <span class=\"_ _13\"></span>amounted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>1.472 <span class=\"_ _2\"></span>million <span class=\"_ _2\"></span>(2024: </span><span style=\"display:inherit;clear:left;\">ISK <span class=\"_ _16\"> </span>795<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"><span class=\"ls23 ws8c\"> <span class=\"ls0 ws0\">million).<span class=\"ls24 ws8d\"> </span>Interest</span> <span class=\"ls0 ws0\">incom<span class=\"_ _2\"></span>e</span> <span class=\"ls0 ws0\">of <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls24 ws8d\"> </span>inve<span class=\"_ _0\"></span>stments<span class=\"ls23 ws8c\"> </span>is<span class=\"ls23 ws8c\"> </span>allocated<span class=\"ls23 ws8c\"> </span>in<span class=\"ls23 ws8c\"> </span>the<span class=\"ls23 ws8c\"> </span>st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tement <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>fit <span class=\"_ _16\"> </span>or <span class=\"_ _18\"> </span>loss<span class=\"ls23 ws8c\"> </span>within </span></span></span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>along <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>all <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>insu<span class=\"_ _0\"></span>rance <span class=\"_ _2\"></span>investment <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>portfolio<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>break<span class=\"_ _0\"></span>down <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>net </span><span style=\"display:inherit;clear:left;\">financial inc<span class=\"_ _2\"></span>ome is provided<span class=\"_ _2\"></span> in Note 9.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__32": {
   "value": "<span style=\"display:inherit;clear:left;\">7.<span class=\"_ _cb\"> </span>Net interes<span class=\"_ _0\"></span>t income</span><span style=\"display:inherit;clear:left;position:relative;height:214.40625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 713.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income is specified as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 400.267px; font-size: 10.9117px; font-family: ff13; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.0645px; width: 562.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits, cash and other interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 17.0645px; width: 126.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">111.163</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">95.316</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.9551px; width: 563.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 600.422px; top: 30.9551px; width: 135.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.140.344</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">465.563</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.8301px; width: 562.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on forward contract derivatives ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 44.8301px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">471.782</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">580.687</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.8926px; width: 562.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on financial assets at fa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ir valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 58.8926px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">207.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">206.404</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.7832px; width: 562.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest on financial assets recorded at fa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ir valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e through other comprehensive income </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 72.7832px; width: 126.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.704</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">234.383</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.4238px; width: 563.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income, total .............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 600.422px; top: 92.4238px; width: 135.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.151.175</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.582.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 121.814px; width: 562.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">et deposits and other borrowin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">gs .............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.641px; top: 121.814px; width: 143.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.144.470)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.019.977)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.689px; width: 563.719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.625px; top: 135.689px; width: 134.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(480.174)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(307</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.849)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.768px; width: 563.027px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other interest expenses ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 611.75px; top: 149.768px; width: 127.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(65.834)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.471)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.674px; width: 563.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses, total ..................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.641px; top: 170.674px; width: 143.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.690.478)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.345.297)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 202.408px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">460.697</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">237.057</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -735.056px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Net interest income, total ...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span></span></span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>expenses <span class=\"_ _2\"></span>above <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>financial <span class=\"_ _13\"></span>services <span class=\"_ _13\"></span>operations. <span class=\"_ _13\"></span>Net <span class=\"_ _13\"></span>interest <span class=\"_ _14\"></span>income <span class=\"_ _13\"></span>presented <span class=\"_ _13\"></span>in <span class=\"_ _14\"></span>the </span><span style=\"display:inherit;clear:left;\">table <span class=\"_ _2\"></span>above <span class=\"_ _13\"></span>calculated <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff24\">ff</span>ective <span class=\"_ _13\"></span>interest <span class=\"_ _2\"></span>rate <span class=\"_ _2\"></span>method <span class=\"_ _13\"></span>amounted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>1.472 <span class=\"_ _2\"></span>million <span class=\"_ _2\"></span>(2024: </span><span style=\"display:inherit;clear:left;\">ISK <span class=\"_ _16\"> </span>795<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"><span class=\"ls23 ws8c\"> <span class=\"ls0 ws0\">million).<span class=\"ls24 ws8d\"> </span>Interest</span> <span class=\"ls0 ws0\">incom<span class=\"_ _2\"></span>e</span> <span class=\"ls0 ws0\">of <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls24 ws8d\"> </span>inve<span class=\"_ _0\"></span>stments<span class=\"ls23 ws8c\"> </span>is<span class=\"ls23 ws8c\"> </span>allocated<span class=\"ls23 ws8c\"> </span>in<span class=\"ls23 ws8c\"> </span>the<span class=\"ls23 ws8c\"> </span>st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tement <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>fit <span class=\"_ _16\"> </span>or <span class=\"_ _18\"> </span>loss<span class=\"ls23 ws8c\"> </span>within </span></span></span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>along <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>all <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>insu<span class=\"_ _0\"></span>rance <span class=\"_ _2\"></span>investment <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>portfolio<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>break<span class=\"_ _0\"></span>down <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>net </span><span style=\"display:inherit;clear:left;\">financial inc<span class=\"_ _2\"></span>ome is provided<span class=\"_ _2\"></span> in Note 9.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__34": {
   "value": "<span style=\"display:inherit;clear:left;\">8. <span class=\"ws0\">Net fee and commis<span class=\"_ _0\"></span>sion income</span></span><span style=\"display:inherit;clear:left;position:relative;height:80.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.906px; top: 0.0078125px; width: 112.924px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5094px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.8672px; width: 572.446px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Capital marke</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts and corporate finance ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 18.8672px; width: 138.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.027.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">70.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.8984px; width: 572.204px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset man</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agement fees ..................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 32.8984px; width: 128.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">982.416</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6959px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">590.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.0859px; width: 572.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other net fee and comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ission income ..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 47.0859px; width: 128.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">347.967</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6959px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">154.937</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 68.3047px; width: 573.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net fee and comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ission income, total .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 68.3047px; width: 138.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.357.631</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.671</span></span></span><span style=\"display:inherit;clear:left;\">Fees earned<span class=\"_ _2\"></span> from <span class=\"_ _2\"></span>transaction-type <span class=\"_ _2\"></span>servic<span class=\"_ _2\"></span>es are <span class=\"_ _2\"></span>recognised <span class=\"_ _2\"></span>when <span class=\"_ _2\"></span>the se<span class=\"_ _2\"></span>rvice <span class=\"_ _2\"></span>has <span class=\"_ _2\"></span>been <span class=\"_ _2\"></span>compl<span class=\"_ _2\"></span>eted (i.e<span class=\"_ _0\"></span>., at <span class=\"_ _2\"></span>a p<span class=\"_ _2\"></span>oint <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">time). Fees that are performance-linked are recognised when<span class=\"_ _2\"></span> the relevant performance cr<span class=\"_ _2\"></span>iteria are fulfilled (i.<span class=\"_ _0\"></span>e<span class=\"_ _1\"></span>.,<span class=\"_ _2\"></span> at a </span><span style=\"display:inherit;clear:left;\">point <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>time). <span class=\"_ _2\"></span>Contr<span class=\"_ _0\"></span>actual fees, <span class=\"_ _2\"></span>such as <span class=\"_ _2\"></span>fees for <span class=\"_ _2\"></span>asset management<span class=\"_ _2\"></span>, are <span class=\"_ _2\"></span>recognised <span class=\"_ _2\"></span>over t<span class=\"_ _2\"></span>he period <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>contr<span class=\"_ _1\"></span>act<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">as the serv<span class=\"_ _2\"></span>ices are provided (i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>., over time), usually on a straight-line basis. </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>consid<span class=\"_ _2\"></span>ered <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>sig<span class=\"_ _2\"></span>nificant <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>componen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>commission <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>ome<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>credit </span><span style=\"display:inherit;clear:left;\">period<span class=\"_ _2\"></span> <span class=\"_\"> </span>f<span class=\"_ _0\"></span>or <span class=\"_\"> </span>receivables <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>relatively <span class=\"_\"> </span>short. <span class=\"_\"> </span>Uncertainties <span class=\"_\"> </span>regar<span class=\"_ _0\"></span>ding <span class=\"_\"> </span>variable <span class=\"_\"> </span>consider<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>for <span class=\"_\"> </span>performance-based </span><span style=\"display:inherit;clear:left;\">income are gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ally res<span class=\"_ _0\"></span>olved at the point in tim<span class=\"_ _2\"></span>e when r<span class=\"_ _0\"></span>evenue is recognised<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es no<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>have <span class=\"_ _2\"></span>significant <span class=\"_ _2\"></span>con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>contract <span class=\"_ _2\"></span>liabilities. <span class=\"_ _2\"></span>Commission <span class=\"_ _2\"></span>fee <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>und<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>long-</span><span style=\"display:inherit;clear:left;\">term contr<span class=\"_ _0\"></span>acts is recognised on a str<span class=\"_ _0\"></span>aight-line basis ov<span class=\"_ _0\"></span>er time and invoiced monthl<span class=\"_ _2\"></span>y in arr<span class=\"_ _0\"></span>ears. P<span class=\"_ _1\"></span>erformance-rel<span class=\"_ _2\"></span>ated </span><span style=\"display:inherit;clear:left;\">fees <span class=\"_ _1\"></span>are mainly in r<span class=\"_ _0\"></span>elation <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>set management <span class=\"_ _0\"></span>servic<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>or further <span class=\"_ _0\"></span>information <span class=\"_ _0\"></span>refer<span class=\"_ _1\"></span>en<span class=\"_ _2\"></span>ce is <span class=\"_ _0\"></span>made t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>note 40<span class=\"_ _0\"></span>.9 (F<span class=\"_ _0\"></span>ee </span><span style=\"display:inherit;clear:left;\">and commission inc<span class=\"_ _2\"></span>ome and expenses).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFeeAndCommissionIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__38": {
   "value": "<span style=\"display:inherit;clear:left;\">9.<span class=\"_ _3d\"> </span>Net<span class=\"_ _2\"></span> financi<span class=\"_ _0\"></span>al income</span><span style=\"display:inherit;clear:left;position:relative;height:202.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.906px; top: 0.0078125px; width: 112.924px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5094px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.6484px; width: 748.679px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther investment incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.9184px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.631</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2375px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">281.872</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.1484px; width: 749.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of equities instruments ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(277.886)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.353px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">478.026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.3359px; width: 749.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of other financial assets.......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.48</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.092</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.935.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.6797px; width: 748.849px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of financial assets................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.203.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.413.432</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.383px; width: 748.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income, total......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9021px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.57px; width: 752.251px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance contracts.....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8465px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.1109px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 751.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9046px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">88.569</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 163.93px; width: 752.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expense of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent portfolio.................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2278px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.336px; width: 748.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income, total.................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span></span><span style=\"display:inherit;clear:left;\">Fair <span class=\"_ _14\"></span>value <span class=\"_ _18\"> </span>change <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>equities <span class=\"_ _14\"></span>inst<span class=\"_ _2\"></span>ruments <span class=\"_ _14\"></span>i<span class=\"_ _2\"></span>ncludes <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>239 <span class=\"_ _14\"></span>m<span class=\"_ _2\"></span>illion <span class=\"_ _14\"></span>(<span class=\"_ _2\"></span>2024: <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>141 <span class=\"_ _18\"></span>million) <span class=\"_ _18\"> </span>dividend <span class=\"_ _18\"> </span>incom<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">equity ho<span class=\"_ _2\"></span>ldings. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _16\"> </span>income<span class=\"ls1b ws84\"> </span>and<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>other<span class=\"ls1b ws84\"> </span>inves<span class=\"_ _0\"></span>tment <span class=\"_\"> </span>income,<span class=\"ls1b ws84\"> </span>net <span class=\"_\"> </span>finance<span class=\"ls1b ws84\"> </span>expenses<span class=\"ls1b ws84\"> </span>and<span class=\"ls21 ws8a\"> </span>other<span class=\"ls1b ws84\"> </span>financial <span class=\"_\"> </span>items<span class=\"ls1b ws84\"> </span>above<span class=\"ls29 ws94\"> </span>are<span class=\"_ _0\"></span><span class=\"ls1b ws84\"> <span class=\"ls0 ws0\">from </span></span></span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _1b\"> </span>investment <span class=\"_ _28\"> </span>operations <span class=\"_ _1b\"> </span>assets. <span class=\"_ _28\"> </span>Net <span class=\"_ _1b\"> </span>interest <span class=\"_ _1b\"> </span>income <span class=\"_ _28\"> </span>presented <span class=\"_ _1b\"> </span>in <span class=\"_ _28\"> </span>the <span class=\"_ _1b\"> </span>table <span class=\"_ _28\"> </span>above <span class=\"_ _1b\"> </span>calculated <span class=\"_ _1b\"> </span>in </span><span style=\"display:inherit;clear:left;\">accordance with the e<span class=\"ff25\">ff</span>ective interest rate method amounted to ISK 254 million (2024: 259 ISK million).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__37": {
   "value": "<span style=\"display:inherit;clear:left;\">9.<span class=\"_ _3d\"> </span>Net<span class=\"_ _2\"></span> financi<span class=\"_ _0\"></span>al income</span><span style=\"display:inherit;clear:left;position:relative;height:202.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.906px; top: 0.0078125px; width: 112.924px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5094px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.6484px; width: 748.679px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther investment incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.9184px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.631</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2375px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">281.872</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.1484px; width: 749.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of equities instruments ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(277.886)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.353px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">478.026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.3359px; width: 749.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of other financial assets.......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.48</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.092</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.935.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.6797px; width: 748.849px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of financial assets................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.203.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.413.432</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.383px; width: 748.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income, total......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9021px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.57px; width: 752.251px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance contracts.....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8465px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.1109px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 751.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9046px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">88.569</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 163.93px; width: 752.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expense of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent portfolio.................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2278px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.336px; width: 748.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income, total.................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span></span><span style=\"display:inherit;clear:left;\">Fair <span class=\"_ _14\"></span>value <span class=\"_ _18\"> </span>change <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>equities <span class=\"_ _14\"></span>inst<span class=\"_ _2\"></span>ruments <span class=\"_ _14\"></span>i<span class=\"_ _2\"></span>ncludes <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>239 <span class=\"_ _14\"></span>m<span class=\"_ _2\"></span>illion <span class=\"_ _14\"></span>(<span class=\"_ _2\"></span>2024: <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>141 <span class=\"_ _18\"></span>million) <span class=\"_ _18\"> </span>dividend <span class=\"_ _18\"> </span>incom<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">equity ho<span class=\"_ _2\"></span>ldings. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _16\"> </span>income<span class=\"ls1b ws84\"> </span>and<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>other<span class=\"ls1b ws84\"> </span>inves<span class=\"_ _0\"></span>tment <span class=\"_\"> </span>income,<span class=\"ls1b ws84\"> </span>net <span class=\"_\"> </span>finance<span class=\"ls1b ws84\"> </span>expenses<span class=\"ls1b ws84\"> </span>and<span class=\"ls21 ws8a\"> </span>other<span class=\"ls1b ws84\"> </span>financial <span class=\"_\"> </span>items<span class=\"ls1b ws84\"> </span>above<span class=\"ls29 ws94\"> </span>are<span class=\"_ _0\"></span><span class=\"ls1b ws84\"> <span class=\"ls0 ws0\">from </span></span></span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _1b\"> </span>investment <span class=\"_ _28\"> </span>operations <span class=\"_ _1b\"> </span>assets. <span class=\"_ _28\"> </span>Net <span class=\"_ _1b\"> </span>interest <span class=\"_ _1b\"> </span>income <span class=\"_ _28\"> </span>presented <span class=\"_ _1b\"> </span>in <span class=\"_ _28\"> </span>the <span class=\"_ _1b\"> </span>table <span class=\"_ _28\"> </span>above <span class=\"_ _1b\"> </span>calculated <span class=\"_ _1b\"> </span>in </span><span style=\"display:inherit;clear:left;\">accordance with the e<span class=\"ff25\">ff</span>ective interest rate method amounted to ISK 254 million (2024: 259 ISK million).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__36": {
   "value": "<span style=\"display:inherit;clear:left;\">9.<span class=\"_ _3d\"> </span>Net<span class=\"_ _2\"></span> financi<span class=\"_ _0\"></span>al income</span><span style=\"display:inherit;clear:left;position:relative;height:202.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.906px; top: 0.0078125px; width: 112.924px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5094px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.6484px; width: 748.679px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther investment incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.9184px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.631</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2375px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">281.872</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.1484px; width: 749.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of equities instruments ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(277.886)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.353px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">478.026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.3359px; width: 749.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of other financial assets.......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.48</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.092</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.935.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.6797px; width: 748.849px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of financial assets................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.203.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.413.432</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.383px; width: 748.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income, total......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9021px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.57px; width: 752.251px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance contracts.....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8465px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.1109px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 751.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9046px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">88.569</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 163.93px; width: 752.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expense of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent portfolio.................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2278px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.336px; width: 748.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income, total.................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span></span><span style=\"display:inherit;clear:left;\">Fair <span class=\"_ _14\"></span>value <span class=\"_ _18\"> </span>change <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>equities <span class=\"_ _14\"></span>inst<span class=\"_ _2\"></span>ruments <span class=\"_ _14\"></span>i<span class=\"_ _2\"></span>ncludes <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>239 <span class=\"_ _14\"></span>m<span class=\"_ _2\"></span>illion <span class=\"_ _14\"></span>(<span class=\"_ _2\"></span>2024: <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>141 <span class=\"_ _18\"></span>million) <span class=\"_ _18\"> </span>dividend <span class=\"_ _18\"> </span>incom<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">equity ho<span class=\"_ _2\"></span>ldings. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _16\"> </span>income<span class=\"ls1b ws84\"> </span>and<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>other<span class=\"ls1b ws84\"> </span>inves<span class=\"_ _0\"></span>tment <span class=\"_\"> </span>income,<span class=\"ls1b ws84\"> </span>net <span class=\"_\"> </span>finance<span class=\"ls1b ws84\"> </span>expenses<span class=\"ls1b ws84\"> </span>and<span class=\"ls21 ws8a\"> </span>other<span class=\"ls1b ws84\"> </span>financial <span class=\"_\"> </span>items<span class=\"ls1b ws84\"> </span>above<span class=\"ls29 ws94\"> </span>are<span class=\"_ _0\"></span><span class=\"ls1b ws84\"> <span class=\"ls0 ws0\">from </span></span></span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _1b\"> </span>investment <span class=\"_ _28\"> </span>operations <span class=\"_ _1b\"> </span>assets. <span class=\"_ _28\"> </span>Net <span class=\"_ _1b\"> </span>interest <span class=\"_ _1b\"> </span>income <span class=\"_ _28\"> </span>presented <span class=\"_ _1b\"> </span>in <span class=\"_ _28\"> </span>the <span class=\"_ _1b\"> </span>table <span class=\"_ _28\"> </span>above <span class=\"_ _1b\"> </span>calculated <span class=\"_ _1b\"> </span>in </span><span style=\"display:inherit;clear:left;\">accordance with the e<span class=\"ff25\">ff</span>ective interest rate method amounted to ISK 254 million (2024: 259 ISK million).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__35": {
   "value": "<span style=\"display:inherit;clear:left;\">9.<span class=\"_ _3d\"> </span>Net<span class=\"_ _2\"></span> financi<span class=\"_ _0\"></span>al income</span><span style=\"display:inherit;clear:left;position:relative;height:202.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.906px; top: 0.0078125px; width: 112.924px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5094px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.6484px; width: 748.679px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther investment incom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.9184px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.631</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2375px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">281.872</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.1484px; width: 749.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of equities instruments ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(277.886)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.353px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">478.026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.3359px; width: 749.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of other financial assets.......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.48</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.092</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.935.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.6797px; width: 748.849px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value change of financial assets................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1076px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.203.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.413.432</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.383px; width: 748.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income, total......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9021px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.480.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.185px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">695.304</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.57px; width: 752.251px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net finance expenses from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance contracts.....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8465px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.631.525)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.1109px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.121.708)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 751.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial items..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9046px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(502.467)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">88.569</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41763px; width: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 163.93px; width: 752.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expense of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523801px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent portfolio.................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2278px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(308.440)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.019)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.336px; width: 748.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net financial income, total.................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4332px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.405</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8502px; font-size: 11.1084px; font-family: ff12; -webkit-text-stroke: 0.166625px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.007</span></span></span><span style=\"display:inherit;clear:left;\">Fair <span class=\"_ _14\"></span>value <span class=\"_ _18\"> </span>change <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>equities <span class=\"_ _14\"></span>inst<span class=\"_ _2\"></span>ruments <span class=\"_ _14\"></span>i<span class=\"_ _2\"></span>ncludes <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>239 <span class=\"_ _14\"></span>m<span class=\"_ _2\"></span>illion <span class=\"_ _14\"></span>(<span class=\"_ _2\"></span>2024: <span class=\"_ _14\"></span>ISK <span class=\"_ _18\"> </span>141 <span class=\"_ _18\"></span>million) <span class=\"_ _18\"> </span>dividend <span class=\"_ _18\"> </span>incom<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">equity ho<span class=\"_ _2\"></span>ldings. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _16\"> </span>income<span class=\"ls1b ws84\"> </span>and<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>other<span class=\"ls1b ws84\"> </span>inves<span class=\"_ _0\"></span>tment <span class=\"_\"> </span>income,<span class=\"ls1b ws84\"> </span>net <span class=\"_\"> </span>finance<span class=\"ls1b ws84\"> </span>expenses<span class=\"ls1b ws84\"> </span>and<span class=\"ls21 ws8a\"> </span>other<span class=\"ls1b ws84\"> </span>financial <span class=\"_\"> </span>items<span class=\"ls1b ws84\"> </span>above<span class=\"ls29 ws94\"> </span>are<span class=\"_ _0\"></span><span class=\"ls1b ws84\"> <span class=\"ls0 ws0\">from </span></span></span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _1b\"> </span>investment <span class=\"_ _28\"> </span>operations <span class=\"_ _1b\"> </span>assets. <span class=\"_ _28\"> </span>Net <span class=\"_ _1b\"> </span>interest <span class=\"_ _1b\"> </span>income <span class=\"_ _28\"> </span>presented <span class=\"_ _1b\"> </span>in <span class=\"_ _28\"> </span>the <span class=\"_ _1b\"> </span>table <span class=\"_ _28\"> </span>above <span class=\"_ _1b\"> </span>calculated <span class=\"_ _1b\"> </span>in </span><span style=\"display:inherit;clear:left;\">accordance with the e<span class=\"ff25\">ff</span>ective interest rate method amounted to ISK 254 million (2024: 259 ISK million).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__47": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__46": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__45": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__44-1": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span><span style=\"display:inherit;clear:left;\">37.<span class=\"ff5f\"> <span class=\"_ _94\"></span><span class=\"ff5d\">Rel<span class=\"_ _2\"></span>ated part<span class=\"_ _0\"></span>ies</span></span></span><span style=\"display:inherit;clear:left;\">Related <span class=\"_ _0\"></span>parties are<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>those parties<span class=\"_ _0\"></span>, or <span class=\"_ _0\"></span>their companies<span class=\"_ _0\"></span>, tha<span class=\"_ _0\"></span>t hav<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>in\ufb02uence on <span class=\"_ _0\"></span>the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>, whether <span class=\"_ _0\"></span>directly </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>indirectly<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Related parties <span class=\"_ _2\"></span>are b<span class=\"_ _2\"></span>oard members <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Grou<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>, t<span class=\"_ _2\"></span>he CEOs <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>key m<span class=\"_ _2\"></span>anagement <span class=\"_ _2\"></span>personnel, </span><span style=\"display:inherit;clear:left;\">associat<span class=\"_ _0\"></span>es as <span class=\"_ _0\"></span>disclosed in not<span class=\"_ _0\"></span>e 20, clo<span class=\"_ _0\"></span>se f<span class=\"_ _0\"></span>amily members of individuals identified as <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed parties, a<span class=\"_ _0\"></span>s w<span class=\"_ _0\"></span>ell as other </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>parties <span class=\"_ _13\"></span>directed <span class=\"_ _2\"></span>by <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>in\ufb02<span class=\"_ _2\"></span>uence <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _0\"></span>ransactions <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>parties <span class=\"_ _13\"></span>have <span class=\"_ _2\"></span>been<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">the same terms as with unre<span class=\"_ _2\"></span>lated parties. Salaries and ben<span class=\"_ _2\"></span>efits of the b<span class=\"_ _2\"></span>oar<span class=\"_ _0\"></span>d, CEOs and key management p<span class=\"_ _2\"></span>ersonnel </span><span style=\"display:inherit;clear:left;\">are disclosed in note 10.1. </span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>ransactions and balanc<span class=\"_ _2\"></span>es with related parties are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:127.57421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 23.4799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 417.25px; top: 0.443359px; width: 298.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.8154px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.565px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414049px; width: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 19.8652px; width: 681.052px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Board of directors and key managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent  .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.181</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3453px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7262px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.652</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.6898px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 34.9746px; width: 678.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Associates ............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0966px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.460</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5666px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.242</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.9764px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5209px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.860</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.4629px; width: 714.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 392.129px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.8154px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.565px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414049px; width: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.834px; width: 677.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Board of directors and key managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent  .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9289px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.425</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1137px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.501</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.8658px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.592</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.6545px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">845</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 114.459px; width: 678.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Associates ............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0966px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.203</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5666px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.675px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.9216px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.520</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__43": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__42": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__41": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__40-1": {
   "value": "<span style=\"display:inherit;clear:left;\">10.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Opera<span class=\"_ _0\"></span>ting e<span class=\"_ _0\"></span>xpenses</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows oper<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses as presented in the<span class=\"_ _2\"></span> Consolidated statement for Profit or Loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:73.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0019531px; width: 109.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2333px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 729.323px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6971px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.752px; width: 728.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Skagi supporting units ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.6426px; width: 728.349px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost related to V\u00cdS try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingar .................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9479px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.961</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">145.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.877px; width: 728.034px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.508.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.967.167</span></span></span><span style=\"display:inherit;clear:left;\">The following table shows break<span class=\"_ _0\"></span>down of total operating expenses, including Insur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act opera<span class=\"_ _0\"></span>ting expenses </span><span style=\"display:inherit;clear:left;\">cf.<span class=\"_ _0\"></span> note 6.  </span><span style=\"display:inherit;clear:left;position:relative;height:194.328125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 0.0117187px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.4961px; width: 728.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating expenses ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6052px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.274.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.015.770</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.3555px; width: 727.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortisation .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50.837</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.118</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.3711px; width: 727.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.855px; width: 728.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Centralized</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> supporting units and eliminations ..................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">502.213</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">528.046</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 124.715px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of financial services ................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.845.062</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.294.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.402px; width: 728.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contract operating expenses ..........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 152.262px; width: 727.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses of the insurance investm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t portfolio and other insurance cost ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.401</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">430.126</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.137px; width: 727.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of intangible assets .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.374</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.34px; width: 728.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses, total ................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.794.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.978.184</span></span></span><span style=\"display:inherit;clear:left;\">Auditor's fee<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:73.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 0.0019531px; width: 36.0295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.766px; top: 0.376953px; width: 34.8163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Former</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 414.719px; top: 13.8926px; width: 33.0374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 14.2363px; width: 206.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">auditor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.3257px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8294px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7051px; width: 728.962px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Statutory</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> audit of the financial statements .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5247px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.444</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.469</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.111</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.5645px; width: 728.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other perm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">itted services, tax service and other assurance .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.9038px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.9703px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7064px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.587</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 61.4395px; width: 728.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total fees paid to auditors ........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.283px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.6241px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.271</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7978px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.5981px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.179</span></span></span><span style=\"display:inherit;clear:left;\">10.1 Salaries and r<span class=\"_ _0\"></span>elated e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses<span class=\"_ _0\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:134.546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 707.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and related </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">expenses are specif</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ied as follow</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.074px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8555px; width: 728.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries ............................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.383.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.015.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.7305px; width: 728.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension fund contributions ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">659.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.297</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.418px; width: 728.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incentive scheme ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.549</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.529</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.293px; width: 727.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share option expenses ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">121.341</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.424</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.168px; width: 728.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special financial activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es tax on salaries ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.182</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">259.190</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8711px; width: 728.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other salary-related expenses .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.411</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">347.044</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.09px; width: 728.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-related expenses ..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.969.726</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.417.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.559px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e employee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar .................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">241</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2793px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251</span></span></span><span style=\"display:inherit;clear:left;\">Salaries, <span class=\"_ _2\"></span>benefit<span class=\"_ _2\"></span>s and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contributions <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>pensio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>CEO<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>members <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>managemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>personnel <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:292.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.031px; top: 0.0097656px; width: 22.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 14.5723px; width: 314.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sion fund</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salaries and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Pension fund</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 28.9629px; width: 304.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">contributions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">be</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nefits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ontributions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 43.5254px; width: 226.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Stef\u00e1n H\u00e9\u00f0inn Stef\u00e1nsson, Chairm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an of the Board</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 57.7441px; width: 364.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ommittee and Rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uneration </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee .......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 57.7441px; width: 303.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.906</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.484</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.523</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3066px; width: 164.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vilhj\u00e1lmur Egilsson, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6973px; width: 368.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Risk com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 86.6973px; width: 299.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.056</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">927</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.26px; width: 224.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u00c1sgeir Helgi Reykfj\u00f6r\u00f0 Gylfason, Boa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rd m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.65px; width: 364.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 115.65px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.978</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">802</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">730</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.229px; width: 165.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hrund Rudolfsd\u00f3ttir, Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.432px; width: 366.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of the Remuneration com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mittee and Audit comm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ittee ......................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 144.432px; width: 298.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.822px; width: 368.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marta Gu\u00f0r\u00fan Bl\u00f6ndal, Board memb</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 453.25px; top: 158.822px; width: 299.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.674</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.385px; width: 366.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ragnhei\u00f0ur Hrefna Magn\u00fasd\u00f3ttir, alternate Board member ...................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 173.385px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">622</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 187.775px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sveinn Fri\u00f0rik Sveinsson, alternate Board member .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.609px; top: 187.775px; width: 293.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6134px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">490</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.166px; width: 368.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gu\u00f0n\u00fd</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Hansd\u00f3ttir, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ...............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 202.166px; width: 281.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.6483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 216.557px; width: 364.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Valdimar Svavarsson, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er Board mem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ber ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 216.557px; width: 283.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.135px; width: 367.957px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Haraldur \u00de\u00f3r\u00f0arson, Group CEO of Sk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">agi ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 231.135px; width: 302.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.459</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.713</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.51px; width: 371.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Helgi Bjarnason, form</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er CEO of V\u00e1try</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ggingaf\u00e9lag \u00cdslands .....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.219px; top: 245.51px; width: 280.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.6017px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">771</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.9px; width: 365.121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Group senior m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">anagement (7)* ..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 259.9px; width: 306.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">304.115</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.354</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.812px; top: 280.229px; width: 306.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">406.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.443</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">380.044</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 11.305px; font-family: ff28; -webkit-text-stroke: 0.169574px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.924</span></span></span><span style=\"display:inherit;clear:left;\">*<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>senior<span class=\"_ _8\"> </span>management<span class=\"_ _8\"> </span>team;<span class=\"_ _8\"> </span>Grou<span class=\"_ _2\"></span>p<span class=\"_ _8\"> </span>CFO,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>General<span class=\"_ _15\"> </span>Counsel,<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Direct<span class=\"_ _2\"></span>or<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>H<span class=\"_ _2\"></span>R,<span class=\"_ _15\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>VIS<span class=\"_ _8\"> </span>Insurance,<span class=\"_ _8\"> </span>CEO<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Fossar</span><span style=\"display:inherit;clear:left;\">Investment<span class=\"_ _8\"> </span>Bank,<span class=\"_ _8\"> </span>m<span class=\"_ _2\"></span>anaging<span class=\"_ _15\"> </span>director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>\u00cdslensk<span class=\"_ _8\"> </span>ver\u00f0br\u00e9<span class=\"_ _2\"></span>f<span class=\"_ _8\"> </span>and<span class=\"_ _15\"> </span>the<span class=\"_ _8\"> </span>Group<span class=\"_ _8\"> </span>Managing<span class=\"_ _15\"> </span>Director<span class=\"_ _8\"> </span>of<span class=\"_ _8\"> </span>Risk<span class=\"_ _1b\"> </span>Management,<span class=\"_ _15\"> </span>who<span class=\"_ _8\"> </span>was<span class=\"_ _15\"> </span>a<span class=\"_ _1b\"> </span>memb<span class=\"_ _2\"></span>er<span class=\"_ _15\"> </span>of<span class=\"_ _8\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _15\"> </span>Group</span><span style=\"display:inherit;clear:left;\">managem<span class=\"_ _2\"></span>ent team until May<span class=\"_ _0\"></span> 2025.</span><span style=\"display:inherit;clear:left;\">The<span class=\"_ _1c\"> </span>m<span class=\"_ _2\"></span>embers<span class=\"_ _1c\"> </span>of<span class=\"_ _1c\"> </span>th<span class=\"_ _2\"></span>e<span class=\"_ _17\"> </span>Board<span class=\"_ _1c\"> </span>of<span class=\"_ _15\"> </span>Dire<span class=\"_ _0\"></span>ctors<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>3,434,000<span class=\"_ _1c\"> </span>shares<span class=\"_ _1c\"> </span>at<span class=\"_ _15\"> </span>y<span class=\"_ _0\"></span>ear-end<span class=\"_ _17\"> </span>2025.<span class=\"_ _1c\"> </span>T<span class=\"_ _2\"></span>he<span class=\"_ _17\"> </span>CEO<span class=\"_ _1c\"> </span>held<span class=\"_ _1c\"> </span>56,409,979<span class=\"_ _1c\"> </span>shares<span class=\"_ _15\"> </span>and<span class=\"_ _17\"> </span>m<span class=\"_ _2\"></span>anagement<span class=\"_ _1c\"> </span>owned<span class=\"_ _1c\"> </span>a<span class=\"_ _1c\"> </span>total<span class=\"_ _1c\"> </span>of</span><span style=\"display:inherit;clear:left;\">40,723,526 shares and stock options on 7,039,371 shares as shown in note 10.4.</span><span style=\"display:inherit;clear:left;\">The sharehold<span class=\"_ _2\"></span>ings<span class=\"_ _0\"></span> of board members and<span class=\"_ _2\"></span> management include shares held by <span class=\"_ _2\"></span>spouses<span class=\"_ _0\"></span> and dep<span class=\"_ _2\"></span>endent c<span class=\"_ _2\"></span>hildren, </span><span style=\"display:inherit;clear:left;\">as well as shares that they or their<span class=\"_ _2\"></span> spouses o<span class=\"_ _0\"></span>wn a major<span class=\"_ _2\"></span>ity stake in.  </span><span style=\"display:inherit;clear:left;\">10.2 Remuner<span class=\"_ _1\"></span>ation policy </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>remunera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _2\"></span>was <span class=\"_ _2\"></span>approved <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>board <span class=\"_ _2\"></span>meet<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>26 <span class=\"_ _2\"></span>February <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>5 <span class=\"_ _2\"></span>upon <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">recommendation<span class=\"_ _2\"></span> of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>remu<span class=\"_ _0\"></span>nera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>committee. Subseq<span class=\"_ _2\"></span>uently<span class=\"_ _1\"></span>, t<span class=\"_ _2\"></span>he Company<span class=\"_ _2\"></span>'s<span class=\"_ _0\"></span> Ann<span class=\"_ _2\"></span>ual <span class=\"_ _2\"></span>General Meeti<span class=\"_ _2\"></span>ng ap<span class=\"_ _2\"></span>prov<span class=\"_ _0\"></span>ed </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>Company's <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>rrent <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion <span class=\"_\"> </span>policy <span class=\"_\"> </span>in <span class=\"_\"> </span>March <span class=\"_\"> </span>2025. <span class=\"_\"> </span>The <span class=\"_\"> </span>Comp<span class=\"_ _0\"></span>any's <span class=\"_\"> </span>remuner<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>policy <span class=\"_\"> </span>undergoes <span class=\"_ _16\"> </span>an </span><span style=\"display:inherit;clear:left;\">annual <span class=\"_\"> </span>r<span class=\"_ _0\"></span>eview <span class=\"_\"> </span>and <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>prese<span class=\"_ _0\"></span>nted <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Company's<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>Annual <span class=\"_\"> </span>General <span class=\"_ _16\"> </span>meeting <span class=\"_\"> </span>fo<span class=\"_ _0\"></span>r <span class=\"_ _16\"> </span>approval, <span class=\"_ _16\"> </span>either <span class=\"_\"> </span>w<span class=\"_ _0\"></span>ith <span class=\"_\"> </span>or <span class=\"_ _18\"> </span>wit<span class=\"_ _2\"></span>ho<span class=\"_ _0\"></span>ut </span><span style=\"display:inherit;clear:left;\">amendmen<span class=\"_ _2\"></span>ts. <span class=\"_ _1\"></span>The <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _1\"></span>pol<span class=\"_ _2\"></span>icy <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mplies <span class=\"_ _1\"></span>with <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>visions <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>Act no<span class=\"_ _1\"></span>. 90<span class=\"_ _0\"></span>/2003 <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>Income <span class=\"_ _0\"></span>T<span class=\"_ _3\"></span>ax, Act <span class=\"_ _1\"></span>no. <span class=\"_ _1\"></span>2/1995 </span><span style=\"display:inherit;clear:left;\">on <span class=\"_ _18\"> </span>Limited <span class=\"_ _16\"> </span>Liability <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ompanies<span class=\"_ _0\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>other <span class=\"_ _18\"> </span>appl<span class=\"_ _2\"></span>icable <span class=\"_ _18\"> </span>laws <span class=\"_ _18\"> </span>and <span class=\"_ _16\"> </span>regu<span class=\"_ _0\"></span>lations. <span class=\"_ _18\"> </span>Addi<span class=\"_ _2\"></span>tional <span class=\"_ _18\"> </span>in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>egarding <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">policy can be <span class=\"_ _2\"></span>fo<span class=\"_ _0\"></span>und on the <span class=\"_ _2\"></span>Company's<span class=\"_ _0\"></span> website ww<span class=\"_ _2\"></span>w<span class=\"_ _1\"></span>.skagi.is. </span><span style=\"display:inherit;clear:left;\">10.3 Incentive s<span class=\"_ _0\"></span>cheme </span><span style=\"display:inherit;clear:left;\">Incen<span class=\"_ _2\"></span>tive schem<span class=\"_ _2\"></span>e of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Skagi <span class=\"_ _2\"></span>includes g<span class=\"_ _2\"></span>ener<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>share op<span class=\"_ _2\"></span>tions, ann<span class=\"_ _2\"></span>ual bon<span class=\"_ _2\"></span>us sc<span class=\"_ _2\"></span>heme, and <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>incentives <span class=\"_ _2\"></span>for ea<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">company within the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>all in accordance <span class=\"_ _2\"></span>with the company's remuner<span class=\"_ _0\"></span>ation policy and<span class=\"_ _2\"></span> incentive schem<span class=\"_ _2\"></span>e<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>share <span class=\"_ _0\"></span>options:<span class=\"ff4\"> ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>call <span class=\"_ _1\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _0\"></span>provided <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>all employees<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>which ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>performance cf<span class=\"_ _1\"></span>. note <span class=\"_ _1\"></span>10.4 </span></span><span style=\"display:inherit;clear:left;\">which provides further det<span class=\"_ _2\"></span>ails of General Shar<span class=\"_ _0\"></span>e option<span class=\"_ _2\"></span>s. </span><span style=\"display:inherit;clear:left;\">Annual <span class=\"_ _17\"> </span>bonus <span class=\"_ _17\"> </span>scheme:<span class=\"ff4\"> <span class=\"_ _17\"> </span>a<span class=\"_ _2\"></span>pproved <span class=\"_\"> </span>by <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_\"> </span>Board <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>Directors <span class=\"_\"> </span>annually <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>on<span class=\"_ _2\"></span> <span class=\"_\"> </span>performance<span class=\"_ _2\"></span> <span class=\"_\"> </span>criteria. <span class=\"_ _17\"> </span>Certain </span></span><span style=\"display:inherit;clear:left;\">employees of <span class=\"_ _1\"></span>the Group <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>included in the <span class=\"_ _0\"></span>annual bonus <span class=\"_ _0\"></span>scheme<span class=\"_ _0\"></span>, wher<span class=\"_ _0\"></span>e the i<span class=\"_ _0\"></span>ncentive is <span class=\"_ _1\"></span>calculated as a <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>ercentage </span><span style=\"display:inherit;clear:left;\">of the annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, either up to 10% or up to 25% of the total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, depend<span class=\"_ _2\"></span>ing on the nature of the work. In<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">cases where <span class=\"_ _2\"></span>the emp<span class=\"_ _2\"></span>loyee'<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>maximum in<span class=\"_ _2\"></span>centive is<span class=\"_ _2\"></span> a fi<span class=\"_ _2\"></span>xed amount <span class=\"_ _2\"></span>and unde<span class=\"_ _2\"></span>r the <span class=\"_ _2\"></span>deferr<span class=\"_ _0\"></span>al co<span class=\"_ _2\"></span>nditions <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>law<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it is </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ntire <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>will <span class=\"_ _13\"></span>be <span class=\"_ _2\"></span>paid <span class=\"_ _2\"></span>out <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>salary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>y<span class=\"_ _0\"></span>ear's <span class=\"_ _2\"></span>results <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>known. <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>cases <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">annual bonus is above 10% <span class=\"_ _2\"></span>of total annual salar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>it is assumed that a minimum of <span class=\"_ _2\"></span>40% of the in<span class=\"_ _2\"></span>centive scheme will </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts, either <span class=\"_ _2\"></span>shares <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s, that <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>delivered <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>three </span><span style=\"display:inherit;clear:left;\">years have passed. Information on <span class=\"_ _2\"></span>share options <span class=\"_ _2\"></span>in relation to annual <span class=\"_ _2\"></span>bonus inc<span class=\"_ _2\"></span>entiv<span class=\"_ _0\"></span>e sch<span class=\"_ _2\"></span>eme can be <span class=\"_ _2\"></span>found in note </span><span style=\"display:inherit;clear:left;\">10.4. </span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>incentives:<span class=\"ff4\"> <span class=\"_ _13\"></span>For <span class=\"_ _13\"></span>all <span class=\"_ _14\"></span>employees <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>V\u00cdS <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>inc<span class=\"_ _2\"></span>entive <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>place, <span class=\"_ _13\"></span>where <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>incentives <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>paid <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>ually <span class=\"_ _13\"></span>to </span></span><span style=\"display:inherit;clear:left;\">employees <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _14\"></span>with <span class=\"_ _14\"></span>pe<span class=\"_ _2\"></span>rformance <span class=\"_ _14\"></span>criteria. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>maximum <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>employee <span class=\"_ _18\"></span>according <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>cash </span><span style=\"display:inherit;clear:left;\">incentive <span class=\"_ _2\"></span>was 600,000 ISK per year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Incentive scheme payments <span class=\"_ _2\"></span>through pr<span class=\"_ _0\"></span>ofit and loss </span><span style=\"display:inherit;clear:left;position:relative;height:150.296875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 0.0117187px; width: 109.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 17.8242px; width: 567.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-deferred ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 17.8242px; width: 132.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(149.911)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(94.164)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 31.6836px; width: 566.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.141px; top: 31.6836px; width: 120.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(5.284)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(53.528)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.3125px; top: 45.543px; width: 564.475px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> related expenses .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 610.188px; top: 45.543px; width: 126.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(46.563)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44.308)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.656px; top: 59.2148px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(201.758)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(192.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -732.649px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total ...........................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.4551px; width: 448.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred incentive scheme payments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in the statement of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financial position </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 596.688px; top: 119.746px; width: 140.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8505px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 138.309px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">220.527</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">238.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.422px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Deferred payments ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................</span></span></span><span style=\"display:inherit;clear:left;\">10.4 Share<span class=\"_ _0\"></span> options and sh<span class=\"_ _0\"></span>are r<span class=\"_ _0\"></span>elate<span class=\"_ _0\"></span>d payments<span class=\"ff19 fc3\"> </span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company h<span class=\"_ _2\"></span>as issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>general share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s schem<span class=\"_ _2\"></span>e an<span class=\"_ _2\"></span>d share <span class=\"_ _2\"></span>option<span class=\"_ _2\"></span>s in <span class=\"_ _2\"></span>relation <span class=\"_ _2\"></span>to annual <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>schem<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _18\"> </span>with <span class=\"_ _18\"></span>authorization <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Annual <span class=\"_ _18\"></span>Gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>Meet<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _18\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _14\"></span>po<span class=\"_ _2\"></span>licy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Both <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">General <span class=\"_ _1\"></span>share option <span class=\"_ _0\"></span>scheme <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Share <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ptions in <span class=\"_ _1\"></span>relation t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equity-settled shar<span class=\"_ _1\"></span>e-</span><span style=\"display:inherit;clear:left;\">based payment arrangements in acc<span class=\"_ _2\"></span>ordance with IFRS 2. </span><span style=\"display:inherit;clear:left;\">Gener<span class=\"_ _0\"></span>al share<span class=\"_ _0\"></span> options </span><span style=\"display:inherit;clear:left;\">General share options are call options issued by the Company to all employees of the Group in ac<span class=\"_ _2\"></span>cordance with the </span><span style=\"display:inherit;clear:left;\">Company\u2019<span class=\"_ _1\"></span>s <span class=\"_ _0\"></span>remuner<span class=\"_ _0\"></span>ation <span class=\"_ _0\"></span>policy<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>op<span class=\"_ _2\"></span>tions <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>granted <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>nually <span class=\"_ _1\"></span>with a <span class=\"_ _1\"></span>market <span class=\"_ _1\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>ISK <span class=\"_ _0\"></span>1.5 <span class=\"_ _0\"></span>million <span class=\"_ _0\"></span>per <span class=\"_ _1\"></span>em<span class=\"_ _2\"></span>ployee </span><span style=\"display:inherit;clear:left;\">per year<span class=\"_ _2\"></span> and <span class=\"_ _2\"></span>are issued at a<span class=\"_ _2\"></span> fixed <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>ercise pr<span class=\"_ _2\"></span>ice per <span class=\"_ _2\"></span>share<span class=\"_ _0\"></span>. The <span class=\"_ _2\"></span>issuance of gen<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>al s<span class=\"_ _2\"></span>hare optio<span class=\"_ _2\"></span>ns is <span class=\"_ _2\"></span>approved by the </span><span style=\"display:inherit;clear:left;\">shareholders of the Compan<span class=\"_ _2\"></span>y and the I<span class=\"_ _2\"></span>celandic T<span class=\"_ _1\"></span>ax and Customs authorities. </span><span style=\"display:inherit;clear:left;\">At the <span class=\"_ _2\"></span>Annual G<span class=\"_ _2\"></span>eneral Meeting hel<span class=\"_ _2\"></span>d on <span class=\"_ _2\"></span>21 March 2024, the <span class=\"_ _2\"></span>Board of Di<span class=\"_ _2\"></span>rectors<span class=\"_ _0\"></span> was <span class=\"_ _2\"></span>authorised to <span class=\"_ _2\"></span>implement <span class=\"_ _2\"></span>a three-</span><span style=\"display:inherit;clear:left;\">year <span class=\"_ _0\"></span>gener<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>option <span class=\"_ _0\"></span>plan <span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>enter <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>to <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>agreemen<span class=\"_ _2\"></span>ts <span class=\"_ _1\"></span>with employ<span class=\"_ _0\"></span>ees <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>Skagi <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>its <span class=\"_ _1\"></span>subsidiaries </span><span style=\"display:inherit;clear:left;\">under <span class=\"_ _2\"></span>this <span class=\"_ _13\"></span>fr<span class=\"_ _1\"></span>amework. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>plan <span class=\"_ _2\"></span>entit<span class=\"_ _2\"></span>les o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>holders <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>purchase <span class=\"_ _2\"></span>shares i<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>up <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>1.5 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">per year over a three-year period<span class=\"_ _2\"></span>, beginning 12 months a<span class=\"_ _2\"></span>fter the signing of the<span class=\"_ _2\"></span> agreement. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _17\"> </span>share <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>ptions <span class=\"_ _17\"> </span>vest <span class=\"_ _17\"> </span>solel<span class=\"_ _2\"></span>y <span class=\"_ _17\"> </span>based <span class=\"_ _17\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>continued <span class=\"_ _1c\"> </span>employmen<span class=\"_ _2\"></span>t, <span class=\"_ _17\"> </span>with <span class=\"_ _1c\"> </span>no <span class=\"_ _17\"> </span>perform<span class=\"_ _2\"></span>ance-relat<span class=\"_ _0\"></span>ed <span class=\"_ _1c\"> </span>vesting </span><span style=\"display:inherit;clear:left;\">conditio<span class=\"_ _2\"></span>ns. <span class=\"_ _1\"></span>Optio<span class=\"_ _2\"></span>ns <span class=\"_ _0\"></span>may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>after <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mont<span class=\"_ _2\"></span>hs <span class=\"_ _1\"></span>fr<span class=\"_ _2\"></span>om <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ate<span class=\"_ _1\"></span>, pr<span class=\"_ _0\"></span>ovided <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>employee <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>emains emplo<span class=\"_ _0\"></span>yed </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>at <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>ime <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>exercis<span class=\"_ _0\"></span>e. <span class=\"_ _14\"></span>Op<span class=\"_ _2\"></span>tions <span class=\"_ _18\"> </span>lapse <span class=\"_ _18\"> </span>if <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>employee <span class=\"_ _18\"> </span>leaves <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>prio<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>ex<span class=\"_ _0\"></span>ercise <span class=\"_ _18\"> </span>or <span class=\"_ _18\"> </span>i<span class=\"_ _2\"></span>f <span class=\"_ _18\"></span>the </span><span style=\"display:inherit;clear:left;\">employee elects no<span class=\"_ _2\"></span>t to e<span class=\"_ _0\"></span>xercise the option<span class=\"_ _2\"></span>s within the contractual term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>expense <span class=\"_ _2\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>res<span class=\"_ _0\"></span>pect <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>general <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _2\"></span>durin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>2025 <span class=\"_ _2\"></span>amoun<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ISK <span class=\"_ _13\"></span>115 </span><span style=\"display:inherit;clear:left;\">million (2024: ISK 55 m<span class=\"_ _2\"></span>illion) and i<span class=\"_ _2\"></span>s included in operating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company may settl<span class=\"_ _2\"></span>e its obligations un<span class=\"_ _2\"></span>der the <span class=\"_ _2\"></span>gener<span class=\"_ _0\"></span>al share optio<span class=\"_ _2\"></span>n scheme through the <span class=\"_ _2\"></span>issu<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>of new sh<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">and/<span class=\"_ _1\"></span>or <span class=\"_ _2\"></span>the use of treasury sh<span class=\"_ _2\"></span>ares<span class=\"_ _0\"></span>, in accordance <span class=\"_ _2\"></span>with its Articles of Association.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Share opt<span class=\"_ _0\"></span>ions in relation<span class=\"_ _0\"></span> to annual b<span class=\"_ _0\"></span>onus schem<span class=\"_ _0\"></span>e </span><span style=\"display:inherit;clear:left;\">Certain <span class=\"_ _18\"> </span>empl<span class=\"_ _2\"></span>oye<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _18\"></span>Group <span class=\"_ _14\"></span>partic<span class=\"_ _2\"></span>ipate <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>nual <span class=\"_ _18\"> </span>bonus <span class=\"_ _18\"> </span>scheme, <span class=\"_ _18\"> </span>under <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>a <span class=\"_ _18\"></span>portion <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>variab<span class=\"_ _2\"></span>le </span><span style=\"display:inherit;clear:left;\">remuner<span class=\"_ _0\"></span>ation is <span class=\"_ _2\"></span>delivered<span class=\"_ _2\"></span> in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>form <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>share opt<span class=\"_ _2\"></span>ions, in<span class=\"_ _2\"></span> acco<span class=\"_ _2\"></span>rdance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company\u2019<span class=\"_ _1\"></span>s remune<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ation po<span class=\"_ _2\"></span>licy a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">applicable <span class=\"_ _2\"></span>laws and regu<span class=\"_ _0\"></span>latio<span class=\"_ _2\"></span>ns gov<span class=\"_ _0\"></span>erning inc<span class=\"_ _2\"></span>entive schemes for insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>mpanies. </span><span style=\"display:inherit;clear:left;\">Share <span class=\"_ _13\"></span>opt<span class=\"_ _2\"></span>ions <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>under <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>a<span class=\"_ _2\"></span>nnual <span class=\"_ _13\"></span>bonus <span class=\"_ _14\"></span>scheme <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>eq<span class=\"_ _2\"></span>uity-settled <span class=\"_ _14\"></span>share-based <span class=\"_ _13\"></span>paym<span class=\"_ _2\"></span>ent <span class=\"_ _13\"></span>arrangements <span class=\"_ _13\"></span>in </span><span style=\"display:inherit;clear:left;\">accordance <span class=\"_ _2\"></span>with IFRS 2. The options are gr<span class=\"_ _0\"></span>anted annually based on performance in the precedin<span class=\"_ _2\"></span>g financial year and </span><span style=\"display:inherit;clear:left;\">form part of the emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> deferred<span class=\"_ _2\"></span> variable remuner<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tion. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>options <span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t <span class=\"_ _1\"></span>af<span class=\"_ _2\"></span>ter <span class=\"_ _0\"></span>three <span class=\"_ _1\"></span>years <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>continuous service <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the gr<span class=\"_ _1\"></span>ant <span class=\"_ _0\"></span>date <span class=\"_ _1\"></span>and may <span class=\"_ _1\"></span>be e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercised <span class=\"_ _0\"></span>thereafter<span class=\"_ _3\"></span>, pro<span class=\"_ _0\"></span>vided </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>em<span class=\"_ _2\"></span>ployee <span class=\"_ _13\"></span>remains <span class=\"_ _13\"></span>employed <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>date<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>There <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>mark<span class=\"_ _0\"></span>et-based <span class=\"_ _13\"></span>vesting <span class=\"_ _13\"></span>cond<span class=\"_ _2\"></span>itions.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Options <span class=\"_\"> </span>lapse <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_\"> </span>employee <span class=\"_\"> </span>leaves <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>Group <span class=\"_\"> </span>prior <span class=\"_\"> </span>to <span class=\"_ _16\"> </span>vesting <span class=\"_\"> </span>or <span class=\"_\"> </span>if <span class=\"_\"> </span>the <span class=\"_ _16\"> </span>options <span class=\"_\"> </span>are <span class=\"_\"> </span>not <span class=\"_\"> </span>e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cised <span class=\"_\"> </span>within<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">contractual term. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>ercise <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the option<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>is determined based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>weighted <span class=\"_ _0\"></span>average<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>market <span class=\"_ _0\"></span>price of <span class=\"_ _1\"></span>the Company\u2019<span class=\"_ _1\"></span>s shares </span><span style=\"display:inherit;clear:left;\">prior <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>gr<span class=\"_ _1\"></span>ant<span class=\"_ _2\"></span> date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>adjusted for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk-free <span class=\"_ _2\"></span>interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>expected d<span class=\"_ _2\"></span>ividends, <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _2\"></span>with the <span class=\"_ _2\"></span>terms </span><span style=\"display:inherit;clear:left;\">of the sch<span class=\"_ _2\"></span>eme<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The f<span class=\"_ _0\"></span>air v<span class=\"_ _0\"></span>alue of <span class=\"_ _0\"></span>the options gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>under the annual <span class=\"_ _0\"></span>bonus <span class=\"_ _0\"></span>scheme is dete<span class=\"_ _0\"></span>rmined at the <span class=\"_ _0\"></span>gr<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>t dat<span class=\"_ _0\"></span>e using <span class=\"_ _0\"></span>the Black-</span><span style=\"display:inherit;clear:left;\">Scho<span class=\"_ _2\"></span>les valu<span class=\"_ _2\"></span>ation <span class=\"_ _2\"></span>model. <span class=\"_ _13\"></span>K<span class=\"_ _0\"></span>ey <span class=\"_ _2\"></span>assumptions <span class=\"_ _2\"></span>applied<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sha<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>gr<span class=\"_ _0\"></span>ant <span class=\"_ _2\"></span>date<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>expected </span><span style=\"display:inherit;clear:left;\">volatility<span class=\"_ _1\"></span>, expected option<span class=\"_ _2\"></span> lif<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, risk-free interest r<span class=\"_ _0\"></span>ate and e<span class=\"_ _0\"></span>xpected <span class=\"_ _2\"></span>dividend yield<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>total <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rofit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>gr<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nted <span class=\"_ _13\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>annual <span class=\"_ _13\"></span>bonus <span class=\"_ _2\"></span>sch<span class=\"_ _2\"></span>eme </span><span style=\"display:inherit;clear:left;\">during 2025 amounted <span class=\"_ _2\"></span>to ISK 8 million (202<span class=\"_ _2\"></span>4: ISK 11 million) and <span class=\"_ _2\"></span>is included in op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ating e<span class=\"_ _0\"></span>xpenses. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Company <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>settle <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ob<span class=\"_ _2\"></span>ligations under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>annua<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>bonus <span class=\"_ _2\"></span>share o<span class=\"_ _2\"></span>ption <span class=\"_ _2\"></span>scheme <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>issuance o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>new </span><span style=\"display:inherit;clear:left;\">shares and/<span class=\"_ _1\"></span>or the <span class=\"_ _2\"></span>use of treasury shares, in accordance with<span class=\"_ _2\"></span> its Articles of Association. </span><span style=\"display:inherit;clear:left;\">Options outstanding and<span class=\"_ _2\"></span> exer<span class=\"_ _0\"></span>cisable </span><span style=\"display:inherit;clear:left;position:relative;height:108.90625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 0.0117187px; width: 145.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bonus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 14.2148px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 13.6836px; width: 64.8867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 14.2148px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.8867px; width: 461.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 27.8867px; width: 207.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.922</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.332</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.255</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.7305px; width: 463.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ....................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 41.7305px; width: 201.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.398</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.759</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5742px; width: 463.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 55.5742px; width: 208.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(9.380)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(9.380)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.418px; width: 463.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forfeited / lapsed ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 519.266px; top: 69.418px; width: 214.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(16.453)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.453)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.2617px; width: 461.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding at 31 December 2025 ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 522.875px; top: 83.2617px; width: 207.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.181</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.918px; width: 462.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable at 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2025 ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 550.797px; top: 96.918px; width: 180.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3321px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span></span><span style=\"display:inherit;clear:left;\">Exercise prices and remaining contractual life </span><span style=\"display:inherit;clear:left;position:relative;height:173.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.812px; top: 0.0117187px; width: 138.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5332px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8628px; font-family: ff12; -webkit-text-stroke: 0.162942px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nus related</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 580.406px; top: 16.1836px; width: 150.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6719px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">share options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 32.3711px; width: 557.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price range (ISK) ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.094px; top: 32.3711px; width: 146.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85-19,78</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17,27 - 20,84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 46.2148px; width: 556.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average exercise price (ISK) ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.875px; top: 46.2148px; width: 115.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,85 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18,88 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 59.8711px; width: 559.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average remaining contractual life (years) .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.344px; top: 59.8711px; width: 103.729px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.1738px; width: 218.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expense recognised in profit or </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">los</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9411px; font-family: ff19; -webkit-text-stroke: 0.224117px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.391px; top: 120.48px; width: 109.882px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7924px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 134.309px; width: 558.081px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">General share options ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 134.309px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">108.383</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.858</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 147.949px; width: 556.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonus-related share options ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.719px; top: 147.949px; width: 113.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 161.777px; width: 558.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total share-based payment expense ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 607.844px; top: 161.777px; width: 125.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">116.372</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.3929px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.858</span></span></span><span style=\"display:inherit;clear:left;\">21.<span class=\"_ _6e\"> </span>Intangible as<span class=\"_ _0\"></span>sets</span><span style=\"display:inherit;clear:left;position:relative;height:318.5625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 407.875px; top: 0.0117187px; width: 47.373px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.793px; width: 707.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 307.078px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Goodwill</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">relationships</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Brands</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Soft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ware</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 35.1055px; width: 730.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">936.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">310.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.984.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.473.259</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 48.9492px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear  ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">861.008</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">316.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.403.669</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 62.8086px; width: 729.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 31.12.2024 ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">626.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.993.996</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.876.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.4805px; width: 730.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the period ..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.668px; width: 729.404px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost 31.12.2025 ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.016.955</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.899.887</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.623px; width: 66.2109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mortisation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 142.871px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 1.1.2024 ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.125</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.2949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.625</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.959.299</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.990.049</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 156.715px; width: 729.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the year .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">03.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.514</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.872</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">152.874</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 170.387px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2024 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.972.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.142.923</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 184.246px; width: 729.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the period ..........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.949</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">98.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 200.434px; width: 728.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2025 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">107.864</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.987.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.341.103</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.201px; width: 86.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 252.246px; width: 729.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t the begin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ning of the year 202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4 ....................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.242.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">913.070</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.520</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.036</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.483.211</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.543px; width: 730.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end 2024 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.026.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.007</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.734.006</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 282.824px; width: 729.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">07.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">518.282</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.279</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.558.785</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 306.574px; width: 645.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tion rates  ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">Assets such <span class=\"_ _2\"></span>as good<span class=\"_ _2\"></span>will are sub<span class=\"_ _2\"></span>ject to an<span class=\"_ _2\"></span>nual <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>tes<span class=\"_ _0\"></span>ting, <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>more frequentl<span class=\"_ _2\"></span>y when <span class=\"_ _2\"></span>there is <span class=\"_ _2\"></span>an ind<span class=\"_ _2\"></span>ica<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span> of </span><span style=\"display:inherit;clear:left;\">impairment. Good<span class=\"_ _2\"></span>will is <span class=\"_ _0\"></span>allocate<span class=\"_ _0\"></span>d to cash gener<span class=\"_ _0\"></span>ating units (\"CGUs<span class=\"_ _1\"></span>\")<span class=\"_ _2\"></span> f<span class=\"_ _0\"></span>or the purpose of impairment testing. Goodwill </span><span style=\"display:inherit;clear:left;\">has <span class=\"_ _2\"></span>been <span class=\"_ _2\"></span>alloc<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>following <span class=\"_ _2\"></span>CGUs; <span class=\"_ _13\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tions <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>F<span class=\"_ _0\"></span>inanc<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>Ser<span class=\"_ _2\"></span>vices <span class=\"_ _2\"></span>operations.  <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>allocation<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">is made to those CGUs or groups of CGUs that are expected to benefit from the business combinations in wh<span class=\"_ _2\"></span>ich the </span><span style=\"display:inherit;clear:left;\">goodwill arose<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>goodwill impairme<span class=\"_ _2\"></span>nt testing w<span class=\"_ _2\"></span>as made <span class=\"_ _2\"></span>at the en<span class=\"_ _2\"></span>d o<span class=\"_ _2\"></span>f the <span class=\"_ _2\"></span>fiscal year<span class=\"_ _1\"></span>. Results of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>testing show t<span class=\"_ _2\"></span>hat </span><span style=\"display:inherit;clear:left;\">the<span class=\"ls1b ws84\"> </span>recover<span class=\"_ _0\"></span>able<span class=\"ls21 ws8a\"> </span>values<span class=\"ls1a ws83\"> </span>ex<span class=\"_ _0\"></span>ceed<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>the<span class=\"ls1b ws84\"> </span>carryin<span class=\"_ _2\"></span>g <span class=\"_ _16\"> </span>values<span class=\"ls21 ws8a\"> </span>of <span class=\"_\"> </span>goodwill.<span class=\"ls1b ws84\"> </span>In<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>addition <span class=\"_\"> </span>to<span class=\"ls29 ws94\"> </span>the<span class=\"ls21 ws8a\"> </span>base<span class=\"ls1b ws84\"> </span>case<span class=\"ls1b ws84\"> </span>testing,<span class=\"ls1b ws84\"> </span>addit<span class=\"_ _2\"></span>ional </span><span style=\"display:inherit;clear:left;\">scenarios were <span class=\"_ _2\"></span>tested where some <span class=\"_ _2\"></span>key inputs had <span class=\"_ _2\"></span>been stressed. In <span class=\"_ _2\"></span>all scenarios tested <span class=\"_ _2\"></span>the results <span class=\"_ _2\"></span>show that there </span><span style=\"display:inherit;clear:left;\">is su<span class=\"ff2f\">ff</span>icient headroom and that there are no triggers indicating that impairment is required.   </span><span style=\"display:inherit;clear:left;\">The ca<span class=\"_ _0\"></span>sh <span class=\"_ _0\"></span>\ufb02ow projections <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>impairment te<span class=\"_ _0\"></span>sting are <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>erived fr<span class=\"_ _0\"></span>om the <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>oup'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>three y<span class=\"_ _0\"></span>ear <span class=\"_ _0\"></span>business <span class=\"_ _0\"></span>plan <span class=\"_ _0\"></span>which has </span><span style=\"display:inherit;clear:left;\">been<span class=\"ls14 ws7d\"> </span>app<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>ved<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>Bo<span class=\"_ _0\"></span>ard<span class=\"ls14 ws7d\"> </span>of <span class=\"_ _13\"></span>Directors.<span class=\"ls14 ws7d\"> </span>In <span class=\"_ _13\"></span>some<span class=\"ls14 ws7d\"> </span>instances<span class=\"_ _0\"></span>,<span class=\"ls11 ws7a\"> </span>the<span class=\"ls14 ws7d\"> </span>Group<span class=\"_ _0\"></span>'s<span class=\"ls20 ws89\"> </span>subs<span class=\"_ _0\"></span>idiaries<span class=\"ls14 ws7d\"> </span>have<span class=\"ls14 ws7d\"> </span>prepared<span class=\"ls14 ws7d\"> </span>a <span class=\"_ _13\"></span>three<span class=\"ls20 ws89\"> </span>year </span><span style=\"display:inherit;clear:left;\">business <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>lan which <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been appro<span class=\"_ _0\"></span>ved b<span class=\"_ _0\"></span>y <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Boar<span class=\"_ _0\"></span>d of <span class=\"_ _1\"></span>D<span class=\"_ _2\"></span>irectors <span class=\"_ _1\"></span>of those <span class=\"_ _0\"></span>companies. <span class=\"_ _0\"></span>Management prepar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cash </span><span style=\"display:inherit;clear:left;\">\ufb02ow projec<span class=\"_ _2\"></span>tion for eac<span class=\"_ _2\"></span>h CGU<span class=\"_ _0\"></span>, whic<span class=\"_ _2\"></span>h is de<span class=\"_ _2\"></span>rived from the three <span class=\"_ _2\"></span>year business plan <span class=\"_ _2\"></span>and is <span class=\"_ _2\"></span>also based <span class=\"_ _2\"></span>on management </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s. <span class=\"_ _0\"></span>The following table shows the k<span class=\"_ _0\"></span>ey assumptions used in the estimation of the recover<span class=\"_ _0\"></span>able amount. The </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _0\"></span>able<span class=\"ls14 ws7d\"> </span>amounts<span class=\"ls11 ws7a\"> </span>are<span class=\"ls14 ws7d\"> </span>calculated<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>discounting <span class=\"_ _14\"></span>the<span class=\"ls12 ws7b\"> </span>estimated<span class=\"ls14 ws7d\"> </span>future<span class=\"ls14 ws7d\"> </span>cash<span class=\"ls14 ws7d\"> </span>\ufb02ow<span class=\"ls11 ws7a\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the<span class=\"ls20 ws89\"> </span>CGUs<span class=\"ls14 ws7d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls20 ws89\"> </span>the<span class=\"ls19 ws7b\"> </span>terminal </span><span style=\"display:inherit;clear:left;\">value<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>which<span class=\"ls24 ws8d\"> </span>ha<span class=\"_ _2\"></span>s<span class=\"ls24 ws8d\"> </span>been<span class=\"ls24 ws8d\"> </span>d<span class=\"_ _2\"></span>etermined<span class=\"ls24 ws8d\"> </span>by<span class=\"ls29 ws94\"> </span>use<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>a <span class=\"_ _16\"> </span>long-term<span class=\"ls24 ws8d\"> </span>growth <span class=\"_\"> </span>ra<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>.<span class=\"ls29 ws94\"> </span>The<span class=\"ls24 ws8d\"> </span>time<span class=\"ls24 ws8d\"> </span>value<span class=\"ls24 ws8d\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _16\"> </span>money<span class=\"_ _2\"></span><span class=\"ls24 ws8d\"> </span>and<span class=\"ls24 ws8d\"> </span>pric<span class=\"_ _2\"></span>e<span class=\"ls24 ws8d\"> </span>of </span><span style=\"display:inherit;clear:left;\">uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xternal <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>information <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>ris<span class=\"_ _2\"></span>k, <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>rates <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>CG<span class=\"_ _0\"></span>U <span class=\"_ _13\"></span>specific <span class=\"_ _13\"></span>elements </span><span style=\"display:inherit;clear:left;\">like <span class=\"_ _2\"></span>country <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>It <span class=\"_ _2\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>managem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>pinion <span class=\"_ _13\"></span>tha<span class=\"_ _0\"></span>t <span class=\"_ _2\"></span>reasona<span class=\"_ _2\"></span>ble <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>puts <span class=\"_ _2\"></span>would <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>lea<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>impairment<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">goodwill. </span><span style=\"display:inherit;clear:left;position:relative;height:187.953125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 0.0019531px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.4258px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 14.4082px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.4395px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 32.7988px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 32.4395px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.8613px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 47.2207px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 46.8613px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.1582px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 65.9863px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 109.799px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.223px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 124.205px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.236px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 142.596px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 142.236px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.658px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 157.033px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 156.658px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.955px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 175.783px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span></span><span style=\"display:inherit;clear:left;\">22.<span class=\"_ _1a\"> </span>Pr<span class=\"_ _0\"></span>operty<span class=\"_ _3\"></span>, plant and equipment</span><span style=\"display:inherit;clear:left;position:relative;height:334.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 626.039px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property and equipment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 453.739px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Computer,</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 12.0215px; width: 137.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Buildings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.5938px; width: 23.6895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 25.6777px; width: 208.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and land</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and vehicles</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 43.0059px; width: 456.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 43.3496px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">113.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.521.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.635.270</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 56.5215px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 56.8652px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">207.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2246px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 526.547px; top: 70.5684px; width: 196.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15.905)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.772)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7402px; width: 456.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total value 1.1.2025 .........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 84.084px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.713.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.826.426</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.4434px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 97.7871px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178.108</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.146px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 111.49px; width: 180.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.662px; width: 456.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost at 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 125.006px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.873.848</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.986.825</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.953px; width: 133.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accumulated depreciation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 169.553px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2024 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 169.693px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.108</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.245.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.305.734</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 183.068px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 183.209px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.181</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.320</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 196.756px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2025 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 196.896px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">62.289</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.415.766</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.478.054</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 210.459px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 210.6px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.521</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">106.544</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 223.975px; width: 456.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 224.115px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">63.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.520.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.584.598</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.141px; width: 85.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.475px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2024 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 270.475px; width: 204.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">275.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.531</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.631px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2025 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 285.631px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">297.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">348.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 300.771px; width: 456.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> amount at end of the year 2025 .........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 300.771px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">49.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">353.058</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">402.221</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 322.396px; width: 455.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation rates ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 320.771px; width: 101.889px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">The asse<span class=\"_ _0\"></span>ssment value of pr<span class=\"_ _0\"></span>operties at year<span class=\"_ _1\"></span>-en<span class=\"_ _2\"></span>d 2025 amounted to ISK <span class=\"_ _0\"></span>146 million (2024: 126 million). The insur<span class=\"_ _0\"></span>ance </span><span style=\"display:inherit;clear:left;\">value of p<span class=\"_ _2\"></span>roperties am<span class=\"_ _2\"></span>ounted to <span class=\"_ _2\"></span>ISK 343 <span class=\"_ _2\"></span>million. Th<span class=\"_ _2\"></span>e insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>value of <span class=\"_ _2\"></span>properties a<span class=\"_ _2\"></span>nd eq<span class=\"_ _2\"></span>uipment am<span class=\"_ _2\"></span>ount<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to ISK<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">662 <span class=\"_ _f3\"> </span>million. </span><span style=\"display:inherit;clear:left;position:relative;height:25.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.849609px; width: 36.6555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Leases</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 13.709px; width: 728.266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Right of use asset at year end .........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.3354px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">982.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">351.989</span></span></span><span style=\"display:inherit;clear:left;\">Included <span class=\"_ _18\"> </span>in <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>roperties <span class=\"_ _14\"></span>and <span class=\"_ _18\"></span>land <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>Rig<span class=\"_ _2\"></span>ht-of-use <span class=\"_ _14\"></span>assets <span class=\"_ _18\"></span>from <span class=\"_ _14\"></span>lease <span class=\"_ _18\"> </span>agreements <span class=\"_ _18\"></span>in <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>ISK <span class=\"_ _18\"></span>982 <span class=\"_ _13\"></span>mi<span class=\"_ _2\"></span>llion </span><span style=\"display:inherit;clear:left;\">(2024: ISK 352 millio<span class=\"_ _2\"></span>n). For further information on<span class=\"_ _2\"></span> leases please refer to note 28. </span><span style=\"display:inherit;clear:left;position:relative;height:25.65625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.5371px; width: 595.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tota</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l property, plant and equipment at year end ........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.1883px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.115px; top: 13.6621px; width: 48.0677px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.384.416</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 643.182px; top: 13.6621px; width: 47.6125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 690.795px; top: 13.6621px; width: 39.0621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">700.356</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__50": {
   "value": "<span style=\"display:inherit;clear:left;\">11.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Income tax</span></span></span><span style=\"display:inherit;clear:left;\">11.1 Calcula<span class=\"_ _0\"></span>ted income ta<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>s</span><span style=\"display:inherit;clear:left;\">Income t<span class=\"_ _2\"></span>ax<span class=\"_ _0\"></span>es are calc<span class=\"_ _0\"></span>ulated and<span class=\"_ _2\"></span> recognized in the finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al statements. </span><span style=\"display:inherit;clear:left;position:relative;height:178.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.60156px; width: 91.7461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff13; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective tax rate:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 652.484px; top: 0.0078125px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -201.901px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 14.0391px; width: 277.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.8203px; width: 653.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> taxes ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.437.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.91px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.545.258</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 51.9766px; width: 722.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax acc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ording to preva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iling tax rate ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">487.420</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.504</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.0078px; width: 721.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value changes of financial assets ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(226.863)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.2266px; width: 720.246px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of associates ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.190)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.707px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 94.2422px; width: 721.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of non-taxable companies ..............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.273px; width: 721.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividends received ..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.548)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.998px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(50.198)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.305px; width: 718.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special tax on financial activity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.336px; width: 719.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> temporary change in tax rate ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 150.539px; width: 718.652px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other changes ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.931)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.623px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.898px; width: 722.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income taxes</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> according to the statement of profit or loss ...............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.637</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.841</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11,3%</span></span></span><span style=\"display:inherit;clear:left;\">11.2 Deferr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:390.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 263.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) is specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 470.828px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 18.0332px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 31.9082px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.5488px; width: 739.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At the beginning of the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358.107)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">191.211</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">71.629)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 65.4395px; width: 734.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax synergies ...........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.105)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.9688px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 79.502px; width: 735.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed deferred tax asset upon investment of subsidiary ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.377px; width: 739.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Acquired trademark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s and business relationships .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02.000)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.268px; width: 738.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">axes according to the statement of profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.352)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(443.285)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(318.012)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 121.143px; width: 739.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> share in the results of non-independent taxable e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ntities ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.205px; width: 735.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxes to</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> be pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">id for the year ....................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">290.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.733</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">341.974</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.33px; width: 738.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.290</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">503.866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.393px; width: 734.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax ass</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ets and liabil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities offsetting .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.200)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.518px; width: 739.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net deferred income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> tax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year end .............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">58.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.564px; width: 399.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The main term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s of defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red income tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) are specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 237.596px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -200.015px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 255.627px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 269.502px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 289.158px; width: 389.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating assets and software ...............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 289.158px; width: 289.547px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">222</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.9455px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.585)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.332)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.559</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 303.033px; width: 389.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intangible assets .....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 303.033px; width: 311.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.896)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 316.924px; width: 389.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets ......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 458.562px; top: 316.924px; width: 281.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(99.722)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">55.339)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 330.986px; width: 389.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 430.922px; top: 330.986px; width: 304.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 344.861px; width: 388.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax loss c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">arry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-forward ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 344.861px; width: 310.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">190.719</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">440.526</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 358.752px; width: 388.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 437.484px; top: 358.752px; width: 298.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.754</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.2188px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">756</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">74</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 378.393px; width: 390.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear end ..............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 378.393px; width: 314.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">196.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _2\"></span>deferred<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>tax <span class=\"_ _2\"></span>asset <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>been <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>ISK <span class=\"_ _2\"></span>191 <span class=\"_ _2\"></span>milli<span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>(202<span class=\"_ _2\"></span>4: <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>4<span class=\"_ _2\"></span>41 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n) <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>unused <span class=\"_ _2\"></span>tax <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses </span><span style=\"display:inherit;clear:left;\">which manageme<span class=\"_ _2\"></span>nt e<span class=\"_ _0\"></span>xpects will <span class=\"_ _0\"></span>be utilized against <span class=\"_ _0\"></span>future ta<span class=\"_ _0\"></span>xable profits<span class=\"_ _0\"></span>. Included in <span class=\"_ _0\"></span>unused tax los<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>are los<span class=\"_ _0\"></span>ses of </span><span style=\"display:inherit;clear:left;\">ISK 974 millio<span class=\"_ _2\"></span>n that will e<span class=\"_ _0\"></span>xpire <span class=\"_ _2\"></span>in 2034, ISK <span class=\"_ _2\"></span>1.068 million t<span class=\"_ _2\"></span>hat will expire in 2033 and I<span class=\"_ _2\"></span>SK 159 million that will <span class=\"_ _2\"></span>expire in </span><span style=\"display:inherit;clear:left;\">the year 2031-2032.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__49": {
   "value": "<span style=\"display:inherit;clear:left;\">11.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Income tax</span></span></span><span style=\"display:inherit;clear:left;\">11.1 Calcula<span class=\"_ _0\"></span>ted income ta<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>s</span><span style=\"display:inherit;clear:left;\">Income t<span class=\"_ _2\"></span>ax<span class=\"_ _0\"></span>es are calc<span class=\"_ _0\"></span>ulated and<span class=\"_ _2\"></span> recognized in the finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al statements. </span><span style=\"display:inherit;clear:left;position:relative;height:178.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.60156px; width: 91.7461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff13; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective tax rate:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 652.484px; top: 0.0078125px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -201.901px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 14.0391px; width: 277.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.8203px; width: 653.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> taxes ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.437.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.91px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.545.258</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 51.9766px; width: 722.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax acc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ording to preva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iling tax rate ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">487.420</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.504</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.0078px; width: 721.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value changes of financial assets ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(226.863)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.2266px; width: 720.246px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of associates ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.190)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.707px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 94.2422px; width: 721.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of non-taxable companies ..............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.273px; width: 721.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividends received ..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.548)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.998px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(50.198)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.305px; width: 718.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special tax on financial activity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.336px; width: 719.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> temporary change in tax rate ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 150.539px; width: 718.652px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other changes ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.931)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.623px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.898px; width: 722.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income taxes</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> according to the statement of profit or loss ...............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.637</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.841</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11,3%</span></span></span><span style=\"display:inherit;clear:left;\">11.2 Deferr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:390.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 263.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) is specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 470.828px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 18.0332px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 31.9082px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.5488px; width: 739.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At the beginning of the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358.107)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">191.211</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">71.629)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 65.4395px; width: 734.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax synergies ...........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.105)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.9688px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 79.502px; width: 735.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed deferred tax asset upon investment of subsidiary ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.377px; width: 739.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Acquired trademark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s and business relationships .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02.000)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.268px; width: 738.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">axes according to the statement of profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.352)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(443.285)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(318.012)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 121.143px; width: 739.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> share in the results of non-independent taxable e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ntities ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.205px; width: 735.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxes to</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> be pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">id for the year ....................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">290.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.733</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">341.974</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.33px; width: 738.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.290</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">503.866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.393px; width: 734.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax ass</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ets and liabil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities offsetting .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.200)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.518px; width: 739.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net deferred income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> tax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year end .............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">58.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.564px; width: 399.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The main term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s of defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red income tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) are specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 237.596px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -200.015px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 255.627px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 269.502px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 289.158px; width: 389.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating assets and software ...............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 289.158px; width: 289.547px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">222</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.9455px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.585)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.332)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.559</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 303.033px; width: 389.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intangible assets .....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 303.033px; width: 311.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.896)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 316.924px; width: 389.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets ......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 458.562px; top: 316.924px; width: 281.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(99.722)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">55.339)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 330.986px; width: 389.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 430.922px; top: 330.986px; width: 304.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 344.861px; width: 388.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax loss c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">arry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-forward ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 344.861px; width: 310.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">190.719</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">440.526</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 358.752px; width: 388.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 437.484px; top: 358.752px; width: 298.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.754</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.2188px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">756</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">74</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 378.393px; width: 390.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear end ..............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 378.393px; width: 314.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">196.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _2\"></span>deferred<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>tax <span class=\"_ _2\"></span>asset <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>been <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>ISK <span class=\"_ _2\"></span>191 <span class=\"_ _2\"></span>milli<span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>(202<span class=\"_ _2\"></span>4: <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>4<span class=\"_ _2\"></span>41 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n) <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>unused <span class=\"_ _2\"></span>tax <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses </span><span style=\"display:inherit;clear:left;\">which manageme<span class=\"_ _2\"></span>nt e<span class=\"_ _0\"></span>xpects will <span class=\"_ _0\"></span>be utilized against <span class=\"_ _0\"></span>future ta<span class=\"_ _0\"></span>xable profits<span class=\"_ _0\"></span>. Included in <span class=\"_ _0\"></span>unused tax los<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>are los<span class=\"_ _0\"></span>ses of </span><span style=\"display:inherit;clear:left;\">ISK 974 millio<span class=\"_ _2\"></span>n that will e<span class=\"_ _0\"></span>xpire <span class=\"_ _2\"></span>in 2034, ISK <span class=\"_ _2\"></span>1.068 million t<span class=\"_ _2\"></span>hat will expire in 2033 and I<span class=\"_ _2\"></span>SK 159 million that will <span class=\"_ _2\"></span>expire in </span><span style=\"display:inherit;clear:left;\">the year 2031-2032.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__48": {
   "value": "<span style=\"display:inherit;clear:left;\">11.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Income tax</span></span></span><span style=\"display:inherit;clear:left;\">11.1 Calcula<span class=\"_ _0\"></span>ted income ta<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>s</span><span style=\"display:inherit;clear:left;\">Income t<span class=\"_ _2\"></span>ax<span class=\"_ _0\"></span>es are calc<span class=\"_ _0\"></span>ulated and<span class=\"_ _2\"></span> recognized in the finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al statements. </span><span style=\"display:inherit;clear:left;position:relative;height:178.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.60156px; width: 91.7461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff13; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective tax rate:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 652.484px; top: 0.0078125px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -201.901px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 14.0391px; width: 277.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.8203px; width: 653.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> taxes ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.437.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.91px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.545.258</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 51.9766px; width: 722.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax acc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ording to preva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iling tax rate ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">487.420</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.504</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.0078px; width: 721.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value changes of financial assets ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(226.863)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.2266px; width: 720.246px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of associates ..................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(22.190)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.707px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 94.2422px; width: 721.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of non-taxable companies ..............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.273px; width: 721.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividends received ..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.548)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.998px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(50.198)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.305px; width: 718.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Special tax on financial activity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.846</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.336px; width: 719.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> temporary change in tax rate ....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.247</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 150.539px; width: 718.652px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other changes ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.931)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.623px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.898px; width: 722.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income taxes</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> according to the statement of profit or loss ...............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.637</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.841</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 11.01px; font-family: ff12; -webkit-text-stroke: 0.165151px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11,3%</span></span></span><span style=\"display:inherit;clear:left;\">11.2 Deferr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;position:relative;height:390.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 263.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) is specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 470.828px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 0.0019531px; width: 24.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 18.0332px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 31.9082px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.5488px; width: 739.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At the beginning of the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear ......................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">358.107)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">191.211</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">71.629)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 65.4395px; width: 734.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax synergies ...........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.105)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.9688px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 79.502px; width: 735.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed deferred tax asset upon investment of subsidiary ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.377px; width: 739.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Acquired trademark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s and business relationships .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02.000)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 107.268px; width: 738.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">axes according to the statement of profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(91.352)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(443.285)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(318.012)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 121.143px; width: 739.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> share in the results of non-independent taxable e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ntities ............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.193</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.442)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.205px; width: 735.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxes to</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> be pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">id for the year ....................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">290.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.733</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">341.974</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.33px; width: 738.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8867px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.290</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">503.866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.393px; width: 734.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax ass</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ets and liabil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities offsetting .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.200)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.1779px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.518px; width: 739.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net deferred income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> tax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year end .............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">58.107)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.564px; width: 399.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The main term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s of defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red income tax asset and (liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) are specified as follows:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 646.578px; top: 237.596px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -200.015px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 255.627px; width: 326.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Defer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">red tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Deferr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed tax</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 422.641px; top: 269.502px; width: 296.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">sset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bility</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 289.158px; width: 389.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating assets and software ...............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.688px; top: 289.158px; width: 289.547px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">222</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.9455px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(8.585)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.332)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.559</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 303.033px; width: 389.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intangible assets .....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 303.033px; width: 311.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(388.896)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(44</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 316.924px; width: 389.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets ......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 458.562px; top: 316.924px; width: 281.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(99.722)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">55.339)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 330.986px; width: 389.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 430.922px; top: 330.986px; width: 304.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.9239px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 344.861px; width: 388.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax loss c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">arry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-forward ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 344.861px; width: 310.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">190.719</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">440.526</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 358.752px; width: 388.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 437.484px; top: 358.752px; width: 298.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.754</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.2188px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">756</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">74</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 378.393px; width: 390.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred income t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ax asset and (liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty) at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear end ..............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 426.234px; top: 378.393px; width: 314.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">196.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">435.667)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">461.117</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(358.107)</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _2\"></span>deferred<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>tax <span class=\"_ _2\"></span>asset <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>been <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>ISK <span class=\"_ _2\"></span>191 <span class=\"_ _2\"></span>milli<span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>(202<span class=\"_ _2\"></span>4: <span class=\"_ _2\"></span>ISK <span class=\"_ _2\"></span>4<span class=\"_ _2\"></span>41 <span class=\"_ _2\"></span>millio<span class=\"_ _2\"></span>n) <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>unused <span class=\"_ _2\"></span>tax <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses </span><span style=\"display:inherit;clear:left;\">which manageme<span class=\"_ _2\"></span>nt e<span class=\"_ _0\"></span>xpects will <span class=\"_ _0\"></span>be utilized against <span class=\"_ _0\"></span>future ta<span class=\"_ _0\"></span>xable profits<span class=\"_ _0\"></span>. Included in <span class=\"_ _0\"></span>unused tax los<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>are los<span class=\"_ _0\"></span>ses of </span><span style=\"display:inherit;clear:left;\">ISK 974 millio<span class=\"_ _2\"></span>n that will e<span class=\"_ _0\"></span>xpire <span class=\"_ _2\"></span>in 2034, ISK <span class=\"_ _2\"></span>1.068 million t<span class=\"_ _2\"></span>hat will expire in 2033 and I<span class=\"_ _2\"></span>SK 159 million that will <span class=\"_ _2\"></span>expire in </span><span style=\"display:inherit;clear:left;\">the year 2031-2032.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__51": {
   "value": "<span style=\"display:inherit;clear:left;\">12.<span class=\"ff12 ws95\"> </span>Earnings per shar<span class=\"_ _0\"></span>e</span><span style=\"display:inherit;clear:left;\">Basic <span class=\"_ _0\"></span>earnings <span class=\"_ _1\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>(EPS) <span class=\"_ _1\"></span>is ca<span class=\"_ _0\"></span>lculated <span class=\"_ _0\"></span>based <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>ear<span class=\"_ _2\"></span>nings <span class=\"_ _1\"></span>attributable <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>shareho<span class=\"_ _2\"></span>lders <span class=\"_ _1\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>the w<span class=\"_ _0\"></span>eighted <span class=\"_ _0\"></span>aver<span class=\"_ _0\"></span>age </span><span style=\"display:inherit;clear:left;\">number<span class=\"ls25 ws8e\"> </span>of <span class=\"_ _18\"> </span>sh<span class=\"_ _2\"></span>ares<span class=\"ls25 ws8e\"> </span>outstanding <span class=\"_ _18\"></span>during <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>reporting <span class=\"_ _18\"> </span>perio<span class=\"_ _2\"></span>d.<span class=\"ls25 ws8e\"> </span>Diluted<span class=\"ls2a ws96\"> </span>EPS<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>is<span class=\"ls25 ws8e\"> </span>determined<span class=\"_ _2\"></span><span class=\"ls1f ws88\"> </span>by<span class=\"ls1f ws88\"> </span>adjusting <span class=\"_ _18\"> </span>the<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>weighted </span><span style=\"display:inherit;clear:left;\">average <span class=\"_ _e\"> </span>number <span class=\"_ _23\"> </span>of <span class=\"_ _23\"> </span>shares <span class=\"_ _23\"> </span>outstanding <span class=\"_ _e\"> </span>to <span class=\"_ _23\"> </span>account <span class=\"_ _e\"> </span>for <span class=\"_ _e\"> </span>the <span class=\"_ _23\"> </span>potential <span class=\"_ _23\"> </span>conversion <span class=\"_ _e\"> </span>of <span class=\"_ _23\"> </span>all <span class=\"_ _e\"> </span>dilutive <span class=\"_ _23\"> </span>ordinary </span><span style=\"display:inherit;clear:left;\">shares, <span class=\"_ _13\"></span>including <span class=\"_ _2\"></span>share <span class=\"_ _13\"></span>options <span class=\"_ _13\"></span>granted <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>employees. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>company <span class=\"_ _13\"></span>has <span class=\"_ _2\"></span>issued <span class=\"_ _13\"></span>share <span class=\"_ _13\"></span>options <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>have <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>dilutive </span><span style=\"display:inherit;clear:left;\">e<span class=\"ff29\">ff</span>ect on EPS.  </span><span style=\"display:inherit;clear:left;\">Earnings per outstanding sh<span class=\"_ _2\"></span>are is calculated based on <span class=\"_ _2\"></span>the following assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:113.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 597.078px; top: 0.0117187px; width: 111.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3438px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 19.4336px; width: 728.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear attributabl</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e to shareholders of the Parent Company ...........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.900.657</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.264.210</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 38.8555px; width: 728.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eighted average number of outstanding shares ...........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.897.042</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.895.993</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 52.6992px; width: 728.607px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts for stock options ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.069</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.3711px; width: 728.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Diluted weighted</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> average number of outstanding shares ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.899.111</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.953.915</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 87.6055px; width: 731.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Basic earnings per share .................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.2949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6779px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,19</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.277px; width: 731.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Diluted earnings per share ...............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6779px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,19</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__53": {
   "value": "<span style=\"display:inherit;clear:left;\">13.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Cash and cash equivalen<span class=\"_ _2\"></span>ts</span></span></span><span style=\"display:inherit;clear:left;\">Cash and cash equiv<span class=\"_ _0\"></span>alents at y<span class=\"_ _0\"></span>ear<span class=\"_ _1\"></span>-<span class=\"_ _2\"></span>end are <span class=\"_ _0\"></span>specified as f<span class=\"_ _0\"></span>ollo<span class=\"_ _0\"></span>ws: </span><span style=\"display:inherit;clear:left;position:relative;height:57.3125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0117187px; width: 139.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.6909px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8086px; width: 728.261px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits in ISK ........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.599.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.088.309</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.4805px; width: 728.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits in foreign currencies ......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9112px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.779</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8424px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.3242px; width: 728.432px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepositsFromBanksExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__52": {
   "value": "<span style=\"display:inherit;clear:left;\">13.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Cash and cash equivalen<span class=\"_ _2\"></span>ts</span></span></span><span style=\"display:inherit;clear:left;\">Cash and cash equiv<span class=\"_ _0\"></span>alents at y<span class=\"_ _0\"></span>ear<span class=\"_ _1\"></span>-<span class=\"_ _2\"></span>end are <span class=\"_ _0\"></span>specified as f<span class=\"_ _0\"></span>ollo<span class=\"_ _0\"></span>ws: </span><span style=\"display:inherit;clear:left;position:relative;height:57.3125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0117187px; width: 139.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.6909px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8086px; width: 728.261px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits in ISK ........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.599.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.088.309</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.4805px; width: 728.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bank deposits in foreign currencies ......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9112px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.779</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8424px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.3242px; width: 728.432px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0231px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__55-1": {
   "value": "<span style=\"display:inherit;clear:left;\">14.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial ass<span class=\"_ _0\"></span>ets</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows F<span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nancial assets from the Consolidated statement of financial<span class=\"_ _2\"></span> position for each op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting </span><span style=\"display:inherit;clear:left;\">segment: </span><span style=\"display:inherit;clear:left;\">31.12.2025</span><span style=\"display:inherit;clear:left;position:relative;height:261.671875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 0.0117187px; width: 50.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 587.594px; top: 0.0117187px; width: 46.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.4043px; width: 138.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Shares in other companies</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 13.4805px; width: 57.6621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">investments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 13.4805px; width: 39.6504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">services</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 13.8398px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.6523px; width: 464.438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on domestic stock</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> exchanges ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 31.6523px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.797.389</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">459.228</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.256.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.4805px; width: 463.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on foreign stock ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">changes ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 45.4805px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.518.905</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.518.905</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.3242px; width: 462.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">panies ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 59.3242px; width: 222.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.183.576</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.241.146</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 75.5117px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.499.870</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">16.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.016.669</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.5449px; width: 82.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other securities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.824px; width: 463.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-bac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ked securities, indexed ..........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 111.824px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.500.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">307.614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.808.247</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.652px; width: 463.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, non-indexed ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 125.652px; width: 222.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.345.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.997.752</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.343</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.496px; width: 463.518px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other bonds ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 139.496px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.519.128</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.731.696</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 153.34px; width: 461.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond funds .......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 153.34px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.320.339</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.573.513</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.184px; width: 463.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Institutional inve</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stor funds ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 167.184px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.103.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.103.653</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 183.355px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">32.789.030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">07</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.560.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.576px; width: 112.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.84px; width: 462.41px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.109px; top: 219.84px; width: 213.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 249.684px; width: 463.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial assets ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 249.684px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">48.601.064</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.287.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">06</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.970</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:274.810546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 54.0879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 13.1992px; width: 50.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 587.594px; top: 13.1992px; width: 46.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 28.4355px; width: 138.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Shares in other companies</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 26.5117px; width: 57.6621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">investments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 26.5117px; width: 39.6504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">services</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 27.043px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.8555px; width: 464.438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on domestic stock</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> exchanges ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 44.8555px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.650.350</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">464.211</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.114.561</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.6992px; width: 463.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on foreign stock ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">changes ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 58.6992px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.400.052</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.400.052</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3711px; width: 462.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">panies ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 72.3711px; width: 222.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.953.557</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.809</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.958.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 88.5586px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.003.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.472.978</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 112.779px; width: 82.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other securities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.059px; width: 463.312px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, indexed ..........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 125.059px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.790.116</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">428.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.218.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.902px; width: 463.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, non-indexed ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 138.902px; width: 222.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.998.580</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.237.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.312</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.762px; width: 463.518px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other bonds ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 152.762px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.612.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.612.351</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.418px; width: 461.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond funds .......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 166.418px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.010.225</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.339.755</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.277px; width: 463.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Institutional inve</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stor funds ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 180.277px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.511.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.653</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 196.465px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.922.926</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">30</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.918.756</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.686px; width: 112.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 232.965px; width: 463.629px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards* ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.109px; top: 232.965px; width: 213.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.119</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.119</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 262.824px; width: 463.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial assets ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 262.824px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.426.005</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.464.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.890.854</span></span></span><span style=\"display:inherit;clear:left;\">*The presenta<span class=\"_ _0\"></span>tion of comparative figur<span class=\"_ _0\"></span>es has been revised. F<span class=\"_ _0\"></span>or further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">15.<span class=\"ff12 ws95\"> </span>Securities used for economic hedging</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _24\"> </span>Group, <span class=\"_ _23\"> </span>via <span class=\"_ _24\"> </span>Fossar<span class=\"_ _3\"></span>, <span class=\"_ _24\"> </span>o<span class=\"ff2a\">ff</span>ers <span class=\"_ _23\"> </span>its <span class=\"_ _24\"> </span>clients <span class=\"_ _24\"> </span>exposures <span class=\"_ _23\"> </span>through <span class=\"_ _24\"> </span>derivative <span class=\"_ _23\"> </span>contracts <span class=\"_ _24\"> </span>on <span class=\"_ _23\"> </span>listed <span class=\"_ _24\"> </span>bonds <span class=\"_ _23\"> </span>and </span><span style=\"display:inherit;clear:left;\">equities <span class=\"_ _17\"> </span>instruments. <span class=\"_ _17\"> </span><span class=\"ls2b\">T</span>o <span class=\"_\"> </span>hedge <span class=\"_ _17\"> </span>these <span class=\"_ _17\"> </span>client <span class=\"_ _17\"> </span>exposures <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>bank <span class=\"_ _17\"> </span>holds <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>underlying <span class=\"_ _17\"> </span>securities <span class=\"_ _17\"> </span>for <span class=\"_ _17\"> </span>economic </span><span style=\"display:inherit;clear:left;\">hedging <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>accounted <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>balance <span class=\"_ _2\"></span>sheet. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>carrying <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>securities <span class=\"_ _2\"></span>held <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>this <span class=\"_ _2\"></span>purpose <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">follows:<span class=\"fs1b\">  </span></span><span style=\"display:inherit;clear:left;position:relative;height:73.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0117187px; width: 139.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.6909px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.8242px; width: 728.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government bonds ..........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.5005px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">124.439</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.068.281</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.5117px; width: 729.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities instruments .........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8178px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.453.276</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.721.242</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.1836px; width: 728.496px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other bonds ........................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9066px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">531.809</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">313.318</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 61.3867px; width: 134.828px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialAssetsHeldForTradingExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__54-1": {
   "value": "<span style=\"display:inherit;clear:left;\">14.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial ass<span class=\"_ _0\"></span>ets</span></span></span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below shows F<span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nancial assets from the Consolidated statement of financial<span class=\"_ _2\"></span> position for each op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting </span><span style=\"display:inherit;clear:left;\">segment: </span><span style=\"display:inherit;clear:left;\">31.12.2025</span><span style=\"display:inherit;clear:left;position:relative;height:261.671875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 0.0117187px; width: 50.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 587.594px; top: 0.0117187px; width: 46.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.4043px; width: 138.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Shares in other companies</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 13.4805px; width: 57.6621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">investments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 13.4805px; width: 39.6504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">services</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 13.8398px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.6523px; width: 464.438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on domestic stock</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> exchanges ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 31.6523px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.797.389</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">459.228</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.256.618</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.4805px; width: 463.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on foreign stock ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">changes ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 45.4805px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.518.905</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.518.905</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.3242px; width: 462.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">panies ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 59.3242px; width: 222.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.183.576</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.241.146</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 75.5117px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.499.870</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">16.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.016.669</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.5449px; width: 82.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other securities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.824px; width: 463.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-bac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ked securities, indexed ..........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 111.824px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.500.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">307.614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.808.247</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.652px; width: 463.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, non-indexed ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 125.652px; width: 222.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.345.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.997.752</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.343</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.496px; width: 463.518px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other bonds ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 139.496px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.519.128</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.731.696</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 153.34px; width: 461.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond funds .......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 153.34px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.320.339</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.573.513</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.184px; width: 463.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Institutional inve</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stor funds ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 167.184px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.103.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.103.653</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 183.355px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">32.789.030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">07</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.560.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.576px; width: 112.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.84px; width: 462.41px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.109px; top: 219.84px; width: 213.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 249.684px; width: 463.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial assets ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 249.684px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">48.601.064</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.287.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">06</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.970</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:274.810546875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 54.0879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 13.1992px; width: 50.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 587.594px; top: 13.1992px; width: 46.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 28.4355px; width: 138.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Shares in other companies</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 26.5117px; width: 57.6621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">investments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 26.5117px; width: 39.6504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">services</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 27.043px; width: 24.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.8555px; width: 464.438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on domestic stock</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> exchanges ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 44.8555px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.650.350</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">464.211</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.114.561</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.6992px; width: 463.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed on foreign stock ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">changes ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 58.6992px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.400.052</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.400.052</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.3711px; width: 462.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other com</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">panies ..............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 72.3711px; width: 222.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.953.557</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.809</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.958.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 88.5586px; width: 228.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.003.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.472.978</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 112.779px; width: 82.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other securities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.059px; width: 463.312px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, indexed ..........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 125.059px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.790.116</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">428.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.218.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 138.902px; width: 463.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Government-back</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed securities, non-indexed ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 138.902px; width: 222.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.998.580</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.237.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.312</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.762px; width: 463.518px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other bonds ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 152.762px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.612.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.612.351</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 166.418px; width: 461.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond funds .......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 166.418px; width: 222.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.010.225</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.339.755</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.277px; width: 463.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Institutional inve</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">stor funds ....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 508.125px; top: 180.277px; width: 221.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.511.653</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.653</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 196.465px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.922.926</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">30</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.918.756</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.686px; width: 112.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 232.965px; width: 463.629px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards* ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.109px; top: 232.965px; width: 213.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.119</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.119</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 262.824px; width: 463.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial assets ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 262.824px; width: 228.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.426.005</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.464.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.890.854</span></span></span><span style=\"display:inherit;clear:left;\">*The presenta<span class=\"_ _0\"></span>tion of comparative figur<span class=\"_ _0\"></span>es has been revised. F<span class=\"_ _0\"></span>or further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">18.<span class=\"ff12 ws97\"> </span><span class=\"ws98\">Investments <span class=\"ws99\">where <span class=\"ws9a\">investment <span class=\"ws9b\">risk <span class=\"ws9c\">is <span class=\"ws9d\">borne <span class=\"_ _2\"></span></span></span></span></span></span></span>by the <span class=\"ws9e\">life-insurance </span>policyholders</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _23\"> </span>Group, <span class=\"_ _23\"> </span>via <span class=\"_ _23\"> </span>L\u00edf\u00eds, <span class=\"_ _23\"> </span>o<span class=\"ff2c\">ff</span>ers <span class=\"_ _23\"> </span>life-insurance <span class=\"_ _24\"> </span>policies <span class=\"_ _e\"> </span>which <span class=\"_ _23\"> </span>consist <span class=\"_ _23\"> </span>of <span class=\"_ _23\"> </span>life <span class=\"_ _23\"> </span>insurance <span class=\"_ _24\"> </span>and <span class=\"_ _e\"> </span>contribution <span class=\"_ _23\"> </span>to </span><span style=\"display:inherit;clear:left;\">investments <span class=\"_ _13\"></span>funds. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>investment <span class=\"_ _13\"></span>component <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>these <span class=\"_ _13\"></span>contracts <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>considered <span class=\"_ _13\"></span>distinct <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>therefore <span class=\"_ _13\"></span>accounted </span><span style=\"display:inherit;clear:left;\">for <span class=\"_ _16\"> </span>separately <span class=\"_ _16\"> </span>applying <span class=\"_ _16\"> </span>IFRS <span class=\"_ _16\"> </span>9. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>cost <span class=\"_ _16\"> </span>of <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>life <span class=\"_\"> </span>insurance <span class=\"_ _16\"> </span>decreases <span class=\"_ _16\"> </span>as <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>amount <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>investment <span class=\"_ _16\"> </span>fund </span><span style=\"display:inherit;clear:left;\">increases <span class=\"_ _18\"> </span>and <span class=\"_ _18\"></span>ceases <span class=\"_ _18\"></span>by <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>time <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>amount <span class=\"_ _18\"> </span>in <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>investment <span class=\"_ _18\"></span>fund <span class=\"_ _14\"></span>exceeds <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>life-insured <span class=\"_ _18\"> </span>amount. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"> </span>life-</span><span style=\"display:inherit;clear:left;\">insurance policyholder bears the investment risk. </span><span style=\"display:inherit;clear:left;position:relative;height:109.109375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 732.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 01.01.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5 .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">023.545</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.8457px; width: 731.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ......................................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.392</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.6895px; width: 730.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6779px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">322</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 41.5332px; width: 734.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pay o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ut ..........................................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(168.033)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5645px; width: 731.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Return of investments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.701</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.4082px; width: 735.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for life insurance &amp; waiver of premium .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.113)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.2676px; width: 735.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost (f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ees &amp; discounts) ...................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.670)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.1113px; width: 732.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5 .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">882.144</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__58-1": {
   "value": "<span style=\"display:inherit;clear:left;\">16.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Loans to customers</span></span></span><span style=\"display:inherit;clear:left;\">Loans to customers are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:57.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0117187px; width: 139.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.6909px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6836px; width: 729.409px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.836</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.5586px; width: 731.116px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairme</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nt of loans .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8424px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 45.2773px; width: 140.425px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.88</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.021</span></span></span><span style=\"display:inherit;clear:left;\">Loans to <span class=\"_ _2\"></span>customers i<span class=\"_ _2\"></span>ncludes both <span class=\"_ _2\"></span>margin loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>loans and <span class=\"_ _2\"></span>are all payable<span class=\"_ _2\"></span> with<span class=\"_ _2\"></span>in 24 <span class=\"_ _2\"></span>months. Th<span class=\"_ _2\"></span>ese loans </span><span style=\"display:inherit;clear:left;\">are non-index<span class=\"_ _0\"></span>ed and secured by liens on the borrow<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> <span class=\"_ _2\"></span>assets<span class=\"_ _0\"></span>. Further analysis of loans to customers is pro<span class=\"_ _0\"></span>vided in </span><span style=\"display:inherit;clear:left;\">notes 35.9 and 35.10.</span><span style=\"display:inherit;clear:left;\">21.<span class=\"_ _6e\"> </span>Intangible as<span class=\"_ _0\"></span>sets</span><span style=\"display:inherit;clear:left;position:relative;height:318.5625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 407.875px; top: 0.0117187px; width: 47.373px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.793px; width: 707.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 307.078px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Goodwill</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">relationships</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Brands</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Soft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ware</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 35.1055px; width: 730.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">936.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">310.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.984.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.473.259</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 48.9492px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear  ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">861.008</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">316.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.403.669</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 62.8086px; width: 729.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 31.12.2024 ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">626.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.993.996</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.876.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.4805px; width: 730.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the period ..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.668px; width: 729.404px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost 31.12.2025 ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.016.955</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.899.887</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.623px; width: 66.2109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mortisation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 142.871px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 1.1.2024 ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.125</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.2949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.625</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.959.299</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.990.049</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 156.715px; width: 729.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the year .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">03.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.514</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.872</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">152.874</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 170.387px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2024 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.972.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.142.923</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 184.246px; width: 729.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the period ..........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.949</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">98.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 200.434px; width: 728.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2025 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">107.864</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.987.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.341.103</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.201px; width: 86.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 252.246px; width: 729.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t the begin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ning of the year 202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4 ....................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.242.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">913.070</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.520</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.036</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.483.211</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.543px; width: 730.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end 2024 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.026.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.007</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.734.006</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 282.824px; width: 729.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">07.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">518.282</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.279</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.558.785</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 306.574px; width: 645.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tion rates  ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">Assets such <span class=\"_ _2\"></span>as good<span class=\"_ _2\"></span>will are sub<span class=\"_ _2\"></span>ject to an<span class=\"_ _2\"></span>nual <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>tes<span class=\"_ _0\"></span>ting, <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>more frequentl<span class=\"_ _2\"></span>y when <span class=\"_ _2\"></span>there is <span class=\"_ _2\"></span>an ind<span class=\"_ _2\"></span>ica<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span> of </span><span style=\"display:inherit;clear:left;\">impairment. Good<span class=\"_ _2\"></span>will is <span class=\"_ _0\"></span>allocate<span class=\"_ _0\"></span>d to cash gener<span class=\"_ _0\"></span>ating units (\"CGUs<span class=\"_ _1\"></span>\")<span class=\"_ _2\"></span> f<span class=\"_ _0\"></span>or the purpose of impairment testing. Goodwill </span><span style=\"display:inherit;clear:left;\">has <span class=\"_ _2\"></span>been <span class=\"_ _2\"></span>alloc<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>following <span class=\"_ _2\"></span>CGUs; <span class=\"_ _13\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tions <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>F<span class=\"_ _0\"></span>inanc<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>Ser<span class=\"_ _2\"></span>vices <span class=\"_ _2\"></span>operations.  <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>allocation<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">is made to those CGUs or groups of CGUs that are expected to benefit from the business combinations in wh<span class=\"_ _2\"></span>ich the </span><span style=\"display:inherit;clear:left;\">goodwill arose<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>goodwill impairme<span class=\"_ _2\"></span>nt testing w<span class=\"_ _2\"></span>as made <span class=\"_ _2\"></span>at the en<span class=\"_ _2\"></span>d o<span class=\"_ _2\"></span>f the <span class=\"_ _2\"></span>fiscal year<span class=\"_ _1\"></span>. Results of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>testing show t<span class=\"_ _2\"></span>hat </span><span style=\"display:inherit;clear:left;\">the<span class=\"ls1b ws84\"> </span>recover<span class=\"_ _0\"></span>able<span class=\"ls21 ws8a\"> </span>values<span class=\"ls1a ws83\"> </span>ex<span class=\"_ _0\"></span>ceed<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>the<span class=\"ls1b ws84\"> </span>carryin<span class=\"_ _2\"></span>g <span class=\"_ _16\"> </span>values<span class=\"ls21 ws8a\"> </span>of <span class=\"_\"> </span>goodwill.<span class=\"ls1b ws84\"> </span>In<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>addition <span class=\"_\"> </span>to<span class=\"ls29 ws94\"> </span>the<span class=\"ls21 ws8a\"> </span>base<span class=\"ls1b ws84\"> </span>case<span class=\"ls1b ws84\"> </span>testing,<span class=\"ls1b ws84\"> </span>addit<span class=\"_ _2\"></span>ional </span><span style=\"display:inherit;clear:left;\">scenarios were <span class=\"_ _2\"></span>tested where some <span class=\"_ _2\"></span>key inputs had <span class=\"_ _2\"></span>been stressed. In <span class=\"_ _2\"></span>all scenarios tested <span class=\"_ _2\"></span>the results <span class=\"_ _2\"></span>show that there </span><span style=\"display:inherit;clear:left;\">is su<span class=\"ff2f\">ff</span>icient headroom and that there are no triggers indicating that impairment is required.   </span><span style=\"display:inherit;clear:left;\">The ca<span class=\"_ _0\"></span>sh <span class=\"_ _0\"></span>\ufb02ow projections <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>impairment te<span class=\"_ _0\"></span>sting are <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>erived fr<span class=\"_ _0\"></span>om the <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>oup'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>three y<span class=\"_ _0\"></span>ear <span class=\"_ _0\"></span>business <span class=\"_ _0\"></span>plan <span class=\"_ _0\"></span>which has </span><span style=\"display:inherit;clear:left;\">been<span class=\"ls14 ws7d\"> </span>app<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>ved<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>Bo<span class=\"_ _0\"></span>ard<span class=\"ls14 ws7d\"> </span>of <span class=\"_ _13\"></span>Directors.<span class=\"ls14 ws7d\"> </span>In <span class=\"_ _13\"></span>some<span class=\"ls14 ws7d\"> </span>instances<span class=\"_ _0\"></span>,<span class=\"ls11 ws7a\"> </span>the<span class=\"ls14 ws7d\"> </span>Group<span class=\"_ _0\"></span>'s<span class=\"ls20 ws89\"> </span>subs<span class=\"_ _0\"></span>idiaries<span class=\"ls14 ws7d\"> </span>have<span class=\"ls14 ws7d\"> </span>prepared<span class=\"ls14 ws7d\"> </span>a <span class=\"_ _13\"></span>three<span class=\"ls20 ws89\"> </span>year </span><span style=\"display:inherit;clear:left;\">business <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>lan which <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been appro<span class=\"_ _0\"></span>ved b<span class=\"_ _0\"></span>y <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Boar<span class=\"_ _0\"></span>d of <span class=\"_ _1\"></span>D<span class=\"_ _2\"></span>irectors <span class=\"_ _1\"></span>of those <span class=\"_ _0\"></span>companies. <span class=\"_ _0\"></span>Management prepar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cash </span><span style=\"display:inherit;clear:left;\">\ufb02ow projec<span class=\"_ _2\"></span>tion for eac<span class=\"_ _2\"></span>h CGU<span class=\"_ _0\"></span>, whic<span class=\"_ _2\"></span>h is de<span class=\"_ _2\"></span>rived from the three <span class=\"_ _2\"></span>year business plan <span class=\"_ _2\"></span>and is <span class=\"_ _2\"></span>also based <span class=\"_ _2\"></span>on management </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s. <span class=\"_ _0\"></span>The following table shows the k<span class=\"_ _0\"></span>ey assumptions used in the estimation of the recover<span class=\"_ _0\"></span>able amount. The </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _0\"></span>able<span class=\"ls14 ws7d\"> </span>amounts<span class=\"ls11 ws7a\"> </span>are<span class=\"ls14 ws7d\"> </span>calculated<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>discounting <span class=\"_ _14\"></span>the<span class=\"ls12 ws7b\"> </span>estimated<span class=\"ls14 ws7d\"> </span>future<span class=\"ls14 ws7d\"> </span>cash<span class=\"ls14 ws7d\"> </span>\ufb02ow<span class=\"ls11 ws7a\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the<span class=\"ls20 ws89\"> </span>CGUs<span class=\"ls14 ws7d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls20 ws89\"> </span>the<span class=\"ls19 ws7b\"> </span>terminal </span><span style=\"display:inherit;clear:left;\">value<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>which<span class=\"ls24 ws8d\"> </span>ha<span class=\"_ _2\"></span>s<span class=\"ls24 ws8d\"> </span>been<span class=\"ls24 ws8d\"> </span>d<span class=\"_ _2\"></span>etermined<span class=\"ls24 ws8d\"> </span>by<span class=\"ls29 ws94\"> </span>use<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>a <span class=\"_ _16\"> </span>long-term<span class=\"ls24 ws8d\"> </span>growth <span class=\"_\"> </span>ra<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>.<span class=\"ls29 ws94\"> </span>The<span class=\"ls24 ws8d\"> </span>time<span class=\"ls24 ws8d\"> </span>value<span class=\"ls24 ws8d\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _16\"> </span>money<span class=\"_ _2\"></span><span class=\"ls24 ws8d\"> </span>and<span class=\"ls24 ws8d\"> </span>pric<span class=\"_ _2\"></span>e<span class=\"ls24 ws8d\"> </span>of </span><span style=\"display:inherit;clear:left;\">uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xternal <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>information <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>ris<span class=\"_ _2\"></span>k, <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>rates <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>CG<span class=\"_ _0\"></span>U <span class=\"_ _13\"></span>specific <span class=\"_ _13\"></span>elements </span><span style=\"display:inherit;clear:left;\">like <span class=\"_ _2\"></span>country <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>It <span class=\"_ _2\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>managem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>pinion <span class=\"_ _13\"></span>tha<span class=\"_ _0\"></span>t <span class=\"_ _2\"></span>reasona<span class=\"_ _2\"></span>ble <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>puts <span class=\"_ _2\"></span>would <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>lea<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>impairment<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">goodwill. </span><span style=\"display:inherit;clear:left;position:relative;height:187.953125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 0.0019531px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.4258px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 14.4082px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.4395px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 32.7988px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 32.4395px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.8613px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 47.2207px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 46.8613px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.1582px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 65.9863px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 109.799px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.223px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 124.205px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.236px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 142.596px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 142.236px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.658px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 157.033px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 156.658px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.955px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 175.783px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__57": {
   "value": "<span style=\"display:inherit;clear:left;\">16.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Loans to customers</span></span></span><span style=\"display:inherit;clear:left;\">Loans to customers are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:57.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0117187px; width: 139.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.6909px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6836px; width: 729.409px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.836</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.5586px; width: 731.116px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairme</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nt of loans .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8424px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523863px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1239px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 45.2773px; width: 140.425px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7072px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.88</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417679px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.021</span></span></span><span style=\"display:inherit;clear:left;\">Loans to <span class=\"_ _2\"></span>customers i<span class=\"_ _2\"></span>ncludes both <span class=\"_ _2\"></span>margin loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>loans and <span class=\"_ _2\"></span>are all payable<span class=\"_ _2\"></span> with<span class=\"_ _2\"></span>in 24 <span class=\"_ _2\"></span>months. Th<span class=\"_ _2\"></span>ese loans </span><span style=\"display:inherit;clear:left;\">are non-index<span class=\"_ _0\"></span>ed and secured by liens on the borrow<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u2019<span class=\"_ _1\"></span> <span class=\"_ _2\"></span>assets<span class=\"_ _0\"></span>. Further analysis of loans to customers is pro<span class=\"_ _0\"></span>vided in </span><span style=\"display:inherit;clear:left;\">notes 35.9 and 35.10.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLoansAndAdvancesToCustomersExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__59": {
   "value": "<span style=\"display:inherit;clear:left;\">17.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Der<span class=\"_ _2\"></span>ivati<span class=\"_ _0\"></span>ves</span></span></span><span style=\"display:inherit;clear:left;\">Forward contracts derivatives are specified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:128.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 722.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ssets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 547.706px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.3242px; width: 728.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives, equ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">201</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">113.267</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.168px; width: 729.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives, bonds ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.932</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.273</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 46.3711px; width: 125.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.6074px; width: 49.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8398px; width: 728.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives, equ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">248.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">063</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229.745</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.699px; width: 729.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives, bonds ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.918</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8534px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.854</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 116.715px; width: 125.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.599</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Group, <span class=\"_ _17\"> </span>via <span class=\"_ _17\"> </span>Fossar<span class=\"_ _1\"></span>, <span class=\"_\"> </span>o<span class=\"ff2b\">ff</span>ers <span class=\"_ _17\"> </span>its <span class=\"_ _17\"> </span>clients <span class=\"_ _17\"> </span>exposures <span class=\"_ _17\"> </span>through <span class=\"_\"> </span>forward <span class=\"_ _17\"> </span>contracts <span class=\"_ _17\"> </span>derivatives <span class=\"_ _17\"> </span>on <span class=\"_ _17\"> </span>listed <span class=\"_ _17\"> </span>bonds <span class=\"_\"> </span>and </span><span style=\"display:inherit;clear:left;\">equities <span class=\"_ _2\"></span>instruments. <span class=\"_ _13\"></span><span class=\"ls2b\">T</span>o <span class=\"_ _2\"></span>hedge <span class=\"_ _2\"></span>these <span class=\"_ _2\"></span>exposures <span class=\"_ _13\"></span>Fossar <span class=\"_ _2\"></span>holds <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>underlying <span class=\"_ _13\"></span>securities <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>accounted <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">its balance sheet cf. Note 15.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__61": {
   "value": "<span style=\"display:inherit;clear:left;\">18.<span class=\"ff12 ws97\"> </span><span class=\"ws98\">Investments <span class=\"ws99\">where <span class=\"ws9a\">investment <span class=\"ws9b\">risk <span class=\"ws9c\">is <span class=\"ws9d\">borne <span class=\"_ _2\"></span></span></span></span></span></span></span>by the <span class=\"ws9e\">life-insurance </span>policyholders</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _23\"> </span>Group, <span class=\"_ _23\"> </span>via <span class=\"_ _23\"> </span>L\u00edf\u00eds, <span class=\"_ _23\"> </span>o<span class=\"ff2c\">ff</span>ers <span class=\"_ _23\"> </span>life-insurance <span class=\"_ _24\"> </span>policies <span class=\"_ _e\"> </span>which <span class=\"_ _23\"> </span>consist <span class=\"_ _23\"> </span>of <span class=\"_ _23\"> </span>life <span class=\"_ _23\"> </span>insurance <span class=\"_ _24\"> </span>and <span class=\"_ _e\"> </span>contribution <span class=\"_ _23\"> </span>to </span><span style=\"display:inherit;clear:left;\">investments <span class=\"_ _13\"></span>funds. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>investment <span class=\"_ _13\"></span>component <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>these <span class=\"_ _13\"></span>contracts <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>considered <span class=\"_ _13\"></span>distinct <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>therefore <span class=\"_ _13\"></span>accounted </span><span style=\"display:inherit;clear:left;\">for <span class=\"_ _16\"> </span>separately <span class=\"_ _16\"> </span>applying <span class=\"_ _16\"> </span>IFRS <span class=\"_ _16\"> </span>9. <span class=\"_ _16\"> </span>The <span class=\"_ _16\"> </span>cost <span class=\"_ _16\"> </span>of <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>life <span class=\"_\"> </span>insurance <span class=\"_ _16\"> </span>decreases <span class=\"_ _16\"> </span>as <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>amount <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>investment <span class=\"_ _16\"> </span>fund </span><span style=\"display:inherit;clear:left;\">increases <span class=\"_ _18\"> </span>and <span class=\"_ _18\"></span>ceases <span class=\"_ _18\"></span>by <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>time <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>amount <span class=\"_ _18\"> </span>in <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>investment <span class=\"_ _18\"></span>fund <span class=\"_ _14\"></span>exceeds <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>life-insured <span class=\"_ _18\"> </span>amount. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"> </span>life-</span><span style=\"display:inherit;clear:left;\">insurance policyholder bears the investment risk. </span><span style=\"display:inherit;clear:left;position:relative;height:109.109375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0019531px; width: 732.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 01.01.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5 .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">023.545</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.8457px; width: 731.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ......................................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.392</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.6895px; width: 730.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6779px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">322</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 41.5332px; width: 734.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pay o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ut ..........................................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(168.033)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 55.5645px; width: 731.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Return of investments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.701</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.4082px; width: 735.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Premium</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for life insurance &amp; waiver of premium .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.113)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.2676px; width: 735.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost (f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ees &amp; discounts) ...................................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.670)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.1113px; width: 732.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5 .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.8626px; font-family: ff12; -webkit-text-stroke: 0.162939px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">882.144</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentContractsLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__63": {
   "value": "<span style=\"display:inherit;clear:left;\">20.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share in associ<span class=\"_ _0\"></span>ates</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:75.96875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0117187px; width: 138.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Book value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Book value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 502.75px; top: 13.6992px; width: 219.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.543px; width: 463.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tpl\u00fas hf. ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 31.543px; width: 200.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">158.378</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.994</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 45.2461px; width: 461.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vex ehf. ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 528.984px; top: 45.418px; width: 30.6445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">33,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 45.2461px; width: 119.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.762</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">883</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 63.9805px; width: 125.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">212.140</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.876</span></span></span><span style=\"display:inherit;clear:left;\">T <span class=\"_ _2\"></span>plus hf. <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>an <span class=\"_ _2\"></span>Icelandic <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>services <span class=\"_ _2\"></span>provider <span class=\"_ _2\"></span>specializing <span class=\"_ _2\"></span>in back <span class=\"_ _2\"></span>o<span class=\"ff2e\">ff</span>ice <span class=\"_ _2\"></span>outsourcing <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>services </span><span style=\"display:inherit;clear:left;\">secto<span class=\"ls2c\">r</span>.<span class=\"ls1b ws84\"> </span>Ser<span class=\"_ _2\"></span>vices<span class=\"ls1b ws84\"> </span>provided<span class=\"ls1b ws84\"> </span>r<span class=\"_ _0\"></span>ange<span class=\"ls1b ws84\"> </span>from <span class=\"_ _16\"> </span>clearing <span class=\"_\"> </span>and<span class=\"ls29 ws94\"> </span>settlement<span class=\"ls29 ws94\"> </span>o<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span><span class=\"ls1b ws84\"> <span class=\"ls0 ws0\">securities,</span> <span class=\"ls0 ws0\">custody</span> <span class=\"ls0 ws0\">services<span class=\"ls29 ws94\"> </span>and</span> <span class=\"ls0 ws0\">pen<span class=\"_ _2\"></span>sion</span> <span class=\"ls0 ws0\">fund </span></span></span><span style=\"display:inherit;clear:left;\">servic<span class=\"_ _2\"></span>es. T<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>plus hf. <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>according <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>Act <span class=\"_ _2\"></span>No. <span class=\"_ _2\"></span>161/2002 <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>Unde<span class=\"_ _2\"></span>rtakings and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>under <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he super<span class=\"_ _2\"></span>vision </span><span style=\"display:inherit;clear:left;\">of th<span class=\"_ _2\"></span>e Financial <span class=\"_ _2\"></span>Super<span class=\"_ _2\"></span>visory<span class=\"_ _2\"></span> Authorit<span class=\"_ _2\"></span><span class=\"ls10\">y</span>. V<span class=\"_ _0\"></span>ex ehf. is an<span class=\"_ _2\"></span> indep<span class=\"_ _2\"></span>endent<span class=\"_ _2\"></span> asset managemen<span class=\"_ _2\"></span>t company <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>ting <span class=\"_ _2\"></span>according </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>No. <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>45/2020 <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>Asset <span class=\"_ _2\"></span>Manage<span class=\"_ _2\"></span>ment <span class=\"_ _13\"></span>Companies <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _13\"></span>specialized <span class=\"_ _2\"></span>fu<span class=\"_ _2\"></span>nds <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>sup<span class=\"_ _2\"></span>ervisio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">Financial Super<span class=\"_ _2\"></span>visory<span class=\"_ _2\"></span> Authorit<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Changes in hol<span class=\"_ _2\"></span>dings in associa<span class=\"_ _0\"></span>tes are specified <span class=\"_ _2\"></span>as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:85.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0019531px; width: 139.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.4041px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8457px; width: 558.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at beginning</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> of year ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 17.8457px; width: 125.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">148.876</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.283</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.7363px; width: 557.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share reduction in accociates ..........................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 637.5px; top: 31.7363px; width: 96.1722px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(26.007)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.6113px; width: 558.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share in profit of associate ...............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 45.6113px; width: 125.482px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">110.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.4061px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 59.4863px; width: 558.234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Received dividend</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 606.953px; top: 59.4863px; width: 126.573px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(47.686)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0798px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15.400)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 604.609px; top: 73.377px; width: 125.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">212.140</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.876</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__64": {
   "value": "<span style=\"display:inherit;clear:left;\">21.<span class=\"_ _6e\"> </span>Intangible as<span class=\"_ _0\"></span>sets</span><span style=\"display:inherit;clear:left;position:relative;height:318.5625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 407.875px; top: 0.0117187px; width: 47.373px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.793px; width: 707.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 307.078px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Goodwill</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">relationships</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Brands</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Soft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ware</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 35.1055px; width: 730.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">936.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">310.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.984.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.473.259</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 48.9492px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear  ............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">861.008</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">316.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.2812px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.403.669</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 62.8086px; width: 729.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 31.12.2024 ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">626.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.993.996</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.876.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.4805px; width: 730.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during the period ..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7108px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.668px; width: 729.404px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost 31.12.2025 ..................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.153.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">26.146</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.016.955</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.899.887</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.623px; width: 66.2109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mortisation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 142.871px; width: 729.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 1.1.2024 ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.125</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.2949px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.625</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.959.299</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.990.049</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 156.715px; width: 729.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the year .............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">03.488</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.514</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.872</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">152.874</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 170.387px; width: 729.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2024 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.5176px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.613</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.972.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.142.923</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 184.246px; width: 729.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisation for the period ..........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.949</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">98.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 200.434px; width: 728.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulated amortisation as at 31.12.2025 ...............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">107.864</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.987.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.341.103</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.201px; width: 86.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 252.246px; width: 729.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t the begin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ning of the year 202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4 ....................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.242.583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">913.070</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.520</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.036</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.483.211</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.543px; width: 730.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end 2024 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5469px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.026.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">582.007</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.734.006</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 282.824px; width: 729.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">amount a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.9688px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.103.591</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">07.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">518.282</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.279</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.558.785</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 306.574px; width: 645.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortisa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tion rates  ......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7051px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.0897px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">Assets such <span class=\"_ _2\"></span>as good<span class=\"_ _2\"></span>will are sub<span class=\"_ _2\"></span>ject to an<span class=\"_ _2\"></span>nual <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>tes<span class=\"_ _0\"></span>ting, <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>more frequentl<span class=\"_ _2\"></span>y when <span class=\"_ _2\"></span>there is <span class=\"_ _2\"></span>an ind<span class=\"_ _2\"></span>ica<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span> of </span><span style=\"display:inherit;clear:left;\">impairment. Good<span class=\"_ _2\"></span>will is <span class=\"_ _0\"></span>allocate<span class=\"_ _0\"></span>d to cash gener<span class=\"_ _0\"></span>ating units (\"CGUs<span class=\"_ _1\"></span>\")<span class=\"_ _2\"></span> f<span class=\"_ _0\"></span>or the purpose of impairment testing. Goodwill </span><span style=\"display:inherit;clear:left;\">has <span class=\"_ _2\"></span>been <span class=\"_ _2\"></span>alloc<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>following <span class=\"_ _2\"></span>CGUs; <span class=\"_ _13\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tions <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>F<span class=\"_ _0\"></span>inanc<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>Ser<span class=\"_ _2\"></span>vices <span class=\"_ _2\"></span>operations.  <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>allocation<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">is made to those CGUs or groups of CGUs that are expected to benefit from the business combinations in wh<span class=\"_ _2\"></span>ich the </span><span style=\"display:inherit;clear:left;\">goodwill arose<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>goodwill impairme<span class=\"_ _2\"></span>nt testing w<span class=\"_ _2\"></span>as made <span class=\"_ _2\"></span>at the en<span class=\"_ _2\"></span>d o<span class=\"_ _2\"></span>f the <span class=\"_ _2\"></span>fiscal year<span class=\"_ _1\"></span>. Results of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>testing show t<span class=\"_ _2\"></span>hat </span><span style=\"display:inherit;clear:left;\">the<span class=\"ls1b ws84\"> </span>recover<span class=\"_ _0\"></span>able<span class=\"ls21 ws8a\"> </span>values<span class=\"ls1a ws83\"> </span>ex<span class=\"_ _0\"></span>ceed<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>the<span class=\"ls1b ws84\"> </span>carryin<span class=\"_ _2\"></span>g <span class=\"_ _16\"> </span>values<span class=\"ls21 ws8a\"> </span>of <span class=\"_\"> </span>goodwill.<span class=\"ls1b ws84\"> </span>In<span class=\"_ _2\"></span><span class=\"ls29 ws94\"> </span>addition <span class=\"_\"> </span>to<span class=\"ls29 ws94\"> </span>the<span class=\"ls21 ws8a\"> </span>base<span class=\"ls1b ws84\"> </span>case<span class=\"ls1b ws84\"> </span>testing,<span class=\"ls1b ws84\"> </span>addit<span class=\"_ _2\"></span>ional </span><span style=\"display:inherit;clear:left;\">scenarios were <span class=\"_ _2\"></span>tested where some <span class=\"_ _2\"></span>key inputs had <span class=\"_ _2\"></span>been stressed. In <span class=\"_ _2\"></span>all scenarios tested <span class=\"_ _2\"></span>the results <span class=\"_ _2\"></span>show that there </span><span style=\"display:inherit;clear:left;\">is su<span class=\"ff2f\">ff</span>icient headroom and that there are no triggers indicating that impairment is required.   </span><span style=\"display:inherit;clear:left;\">The ca<span class=\"_ _0\"></span>sh <span class=\"_ _0\"></span>\ufb02ow projections <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>impairment te<span class=\"_ _0\"></span>sting are <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>erived fr<span class=\"_ _0\"></span>om the <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>oup'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>three y<span class=\"_ _0\"></span>ear <span class=\"_ _0\"></span>business <span class=\"_ _0\"></span>plan <span class=\"_ _0\"></span>which has </span><span style=\"display:inherit;clear:left;\">been<span class=\"ls14 ws7d\"> </span>app<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>ved<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>the<span class=\"ls14 ws7d\"> </span>Bo<span class=\"_ _0\"></span>ard<span class=\"ls14 ws7d\"> </span>of <span class=\"_ _13\"></span>Directors.<span class=\"ls14 ws7d\"> </span>In <span class=\"_ _13\"></span>some<span class=\"ls14 ws7d\"> </span>instances<span class=\"_ _0\"></span>,<span class=\"ls11 ws7a\"> </span>the<span class=\"ls14 ws7d\"> </span>Group<span class=\"_ _0\"></span>'s<span class=\"ls20 ws89\"> </span>subs<span class=\"_ _0\"></span>idiaries<span class=\"ls14 ws7d\"> </span>have<span class=\"ls14 ws7d\"> </span>prepared<span class=\"ls14 ws7d\"> </span>a <span class=\"_ _13\"></span>three<span class=\"ls20 ws89\"> </span>year </span><span style=\"display:inherit;clear:left;\">business <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>lan which <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been appro<span class=\"_ _0\"></span>ved b<span class=\"_ _0\"></span>y <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Boar<span class=\"_ _0\"></span>d of <span class=\"_ _1\"></span>D<span class=\"_ _2\"></span>irectors <span class=\"_ _1\"></span>of those <span class=\"_ _0\"></span>companies. <span class=\"_ _0\"></span>Management prepar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cash </span><span style=\"display:inherit;clear:left;\">\ufb02ow projec<span class=\"_ _2\"></span>tion for eac<span class=\"_ _2\"></span>h CGU<span class=\"_ _0\"></span>, whic<span class=\"_ _2\"></span>h is de<span class=\"_ _2\"></span>rived from the three <span class=\"_ _2\"></span>year business plan <span class=\"_ _2\"></span>and is <span class=\"_ _2\"></span>also based <span class=\"_ _2\"></span>on management </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s. <span class=\"_ _0\"></span>The following table shows the k<span class=\"_ _0\"></span>ey assumptions used in the estimation of the recover<span class=\"_ _0\"></span>able amount. The </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _0\"></span>able<span class=\"ls14 ws7d\"> </span>amounts<span class=\"ls11 ws7a\"> </span>are<span class=\"ls14 ws7d\"> </span>calculated<span class=\"ls14 ws7d\"> </span>by<span class=\"ls14 ws7d\"> </span>discounting <span class=\"_ _14\"></span>the<span class=\"ls12 ws7b\"> </span>estimated<span class=\"ls14 ws7d\"> </span>future<span class=\"ls14 ws7d\"> </span>cash<span class=\"ls14 ws7d\"> </span>\ufb02ow<span class=\"ls11 ws7a\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the<span class=\"ls20 ws89\"> </span>CGUs<span class=\"ls14 ws7d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls20 ws89\"> </span>the<span class=\"ls19 ws7b\"> </span>terminal </span><span style=\"display:inherit;clear:left;\">value<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>which<span class=\"ls24 ws8d\"> </span>ha<span class=\"_ _2\"></span>s<span class=\"ls24 ws8d\"> </span>been<span class=\"ls24 ws8d\"> </span>d<span class=\"_ _2\"></span>etermined<span class=\"ls24 ws8d\"> </span>by<span class=\"ls29 ws94\"> </span>use<span class=\"ls29 ws94\"> </span>of <span class=\"_ _16\"> </span>a <span class=\"_ _16\"> </span>long-term<span class=\"ls24 ws8d\"> </span>growth <span class=\"_\"> </span>ra<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>.<span class=\"ls29 ws94\"> </span>The<span class=\"ls24 ws8d\"> </span>time<span class=\"ls24 ws8d\"> </span>value<span class=\"ls24 ws8d\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _16\"> </span>money<span class=\"_ _2\"></span><span class=\"ls24 ws8d\"> </span>and<span class=\"ls24 ws8d\"> </span>pric<span class=\"_ _2\"></span>e<span class=\"ls24 ws8d\"> </span>of </span><span style=\"display:inherit;clear:left;\">uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xternal <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>information <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>ris<span class=\"_ _2\"></span>k, <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>rates <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>CG<span class=\"_ _0\"></span>U <span class=\"_ _13\"></span>specific <span class=\"_ _13\"></span>elements </span><span style=\"display:inherit;clear:left;\">like <span class=\"_ _2\"></span>country <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>It <span class=\"_ _2\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>managem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>pinion <span class=\"_ _13\"></span>tha<span class=\"_ _0\"></span>t <span class=\"_ _2\"></span>reasona<span class=\"_ _2\"></span>ble <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>puts <span class=\"_ _2\"></span>would <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>lea<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>impairment<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">goodwill. </span><span style=\"display:inherit;clear:left;position:relative;height:187.953125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 0.0019531px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.4258px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 14.4082px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.4395px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 32.7988px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 32.4395px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.8613px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 47.2207px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 46.8613px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.1582px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 65.9863px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.297px; top: 109.799px; width: 214.468px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Future</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.6923px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Discount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9564px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">G</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oodw</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ill</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.223px; width: 54.0764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 124.205px; width: 231.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">growth rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1295px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">rate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9117px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ok value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.236px; width: 462.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operations ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 142.596px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 142.236px; width: 39.0626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">474.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.658px; width: 462.913px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial services .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 157.033px; width: 112.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.296px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 156.658px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.628.992</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.955px; width: 463.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total goodwil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l ....................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 175.783px; width: 48.0627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.103.591</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__68-1": {
   "value": "<span style=\"display:inherit;clear:left;\">22.<span class=\"_ _1a\"> </span>Pr<span class=\"_ _0\"></span>operty<span class=\"_ _3\"></span>, plant and equipment</span><span style=\"display:inherit;clear:left;position:relative;height:334.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 626.039px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property and equipment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 453.739px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Computer,</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 12.0215px; width: 137.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Buildings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.5938px; width: 23.6895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 25.6777px; width: 208.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and land</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and vehicles</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 43.0059px; width: 456.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 43.3496px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">113.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.521.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.635.270</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 56.5215px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 56.8652px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">207.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2246px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 526.547px; top: 70.5684px; width: 196.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15.905)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.772)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7402px; width: 456.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total value 1.1.2025 .........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 84.084px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.713.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.826.426</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.4434px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 97.7871px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178.108</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.146px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 111.49px; width: 180.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.662px; width: 456.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost at 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 125.006px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.873.848</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.986.825</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.953px; width: 133.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accumulated depreciation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 169.553px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2024 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 169.693px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.108</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.245.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.305.734</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 183.068px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 183.209px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.181</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.320</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 196.756px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2025 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 196.896px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">62.289</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.415.766</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.478.054</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 210.459px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 210.6px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.521</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">106.544</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 223.975px; width: 456.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 224.115px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">63.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.520.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.584.598</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.141px; width: 85.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.475px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2024 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 270.475px; width: 204.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">275.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.531</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.631px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2025 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 285.631px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">297.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">348.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 300.771px; width: 456.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> amount at end of the year 2025 .........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 300.771px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">49.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">353.058</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">402.221</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 322.396px; width: 455.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation rates ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 320.771px; width: 101.889px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">The asse<span class=\"_ _0\"></span>ssment value of pr<span class=\"_ _0\"></span>operties at year<span class=\"_ _1\"></span>-en<span class=\"_ _2\"></span>d 2025 amounted to ISK <span class=\"_ _0\"></span>146 million (2024: 126 million). The insur<span class=\"_ _0\"></span>ance </span><span style=\"display:inherit;clear:left;\">value of p<span class=\"_ _2\"></span>roperties am<span class=\"_ _2\"></span>ounted to <span class=\"_ _2\"></span>ISK 343 <span class=\"_ _2\"></span>million. Th<span class=\"_ _2\"></span>e insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>value of <span class=\"_ _2\"></span>properties a<span class=\"_ _2\"></span>nd eq<span class=\"_ _2\"></span>uipment am<span class=\"_ _2\"></span>ount<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to ISK<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">662 <span class=\"_ _f3\"> </span>million. </span><span style=\"display:inherit;clear:left;position:relative;height:25.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.849609px; width: 36.6555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Leases</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 13.709px; width: 728.266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Right of use asset at year end .........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.3354px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">982.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">351.989</span></span></span><span style=\"display:inherit;clear:left;\">Included <span class=\"_ _18\"> </span>in <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>roperties <span class=\"_ _14\"></span>and <span class=\"_ _18\"></span>land <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>Rig<span class=\"_ _2\"></span>ht-of-use <span class=\"_ _14\"></span>assets <span class=\"_ _18\"></span>from <span class=\"_ _14\"></span>lease <span class=\"_ _18\"> </span>agreements <span class=\"_ _18\"></span>in <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>ISK <span class=\"_ _18\"></span>982 <span class=\"_ _13\"></span>mi<span class=\"_ _2\"></span>llion </span><span style=\"display:inherit;clear:left;\">(2024: ISK 352 millio<span class=\"_ _2\"></span>n). For further information on<span class=\"_ _2\"></span> leases please refer to note 28. </span><span style=\"display:inherit;clear:left;position:relative;height:25.65625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.5371px; width: 595.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tota</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l property, plant and equipment at year end ........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.1883px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.115px; top: 13.6621px; width: 48.0677px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.384.416</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 643.182px; top: 13.6621px; width: 47.6125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 690.795px; top: 13.6621px; width: 39.0621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">700.356</span></span></span><span style=\"display:inherit;clear:left;\">28.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Leases</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:144.142578125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 429.531px; top: 0.0078125px; width: 220.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.907px; font-size: 12.2389px; font-family: ff13; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.656px; top: 16.041px; width: 339.726px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Right-of-use</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1689px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Lease</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.8874px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Right-of-use</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.7178px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Lease</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 384.5px; top: 32.6035px; width: 325.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0588px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1948px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7605px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liability</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 52.7441px; width: 354.092px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at beginni</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ng of year ......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 392.234px; top: 52.7441px; width: 338.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">351.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2104px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">391.655</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1948px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">584.453</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0947px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">636.966</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 68.4004px; width: 354.015px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change during the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ..................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 392.234px; top: 68.4004px; width: 341.649px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">827.017</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.2104px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">827.287</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1538px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(35.144)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7005px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(36.676)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 83.8691px; width: 351.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ment of </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523585px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.141px; top: 83.8691px; width: 259.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(141.709)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.199px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(232.802)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.5254px; width: 353.262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387.375px; top: 99.5254px; width: 242.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(246.114)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.462px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(221.488)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.994px; width: 354.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Indexation .......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 399.422px; top: 114.994px; width: 331.589px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">49.302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2173px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">49.302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9427px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.168</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.7661px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.168</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 130.65px; width: 352.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417458px; width: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear end .......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 392.234px; top: 130.65px; width: 338.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">982.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.0976px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.126.536</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1948px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">351.989</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0947px; font-size: 12.2389px; font-family: ff12; -webkit-text-stroke: 0.183583px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">391.655</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _0\"></span>Gro<span class=\"_ _0\"></span>up's <span class=\"_ _1\"></span>right-of-use <span class=\"_ _0\"></span>asset <span class=\"_ _1\"></span>is <span class=\"_ _0\"></span>recognised <span class=\"_ _0\"></span>based <span class=\"_ _1\"></span>on <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>provisio<span class=\"_ _2\"></span>ns <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>leasing <span class=\"_ _1\"></span>agreeme<span class=\"_ _2\"></span>nts, <span class=\"_ _1\"></span>see <span class=\"_ _0\"></span>note <span class=\"_ _1\"></span>39.21 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>further </span><span style=\"display:inherit;clear:left;\">information. <span class=\"_ _17\"> </span>T<span class=\"_ _1\"></span>otal <span class=\"_ _17\"> </span>payments <span class=\"_\"> </span>und<span class=\"_ _2\"></span>er <span class=\"_ _17\"> </span>lease <span class=\"_ _17\"> </span>agreements <span class=\"_ _17\"> </span>during <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>year <span class=\"_ _17\"> </span>amounted <span class=\"_ _17\"> </span>to <span class=\"_ _17\"> </span>ISK <span class=\"_ _17\"> </span>192 <span class=\"_ _17\"> </span>million <span class=\"_ _17\"> </span>(2024: 2<span class=\"_ _2\"></span>01 </span><span style=\"display:inherit;clear:left;\">million).  </span><span style=\"display:inherit;clear:left;\">At 2024 year<span class=\"_ _1\"></span>-<span class=\"_ _2\"></span>end<span class=\"_ _2\"></span> the remaining lease per<span class=\"_ _2\"></span>iod for the Group'<span class=\"_ _0\"></span>s leases was 10-36 months. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>xpenses in <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spect of the leas<span class=\"_ _0\"></span>e liability <span class=\"_ _0\"></span>during the <span class=\"_ _0\"></span>year<span class=\"_ _3\"></span>, which are <span class=\"_ _0\"></span>included <span class=\"_ _0\"></span>in the <span class=\"_ _0\"></span>oper<span class=\"_ _0\"></span>ating <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>xpenses f<span class=\"_ _0\"></span>or the </span><span style=\"display:inherit;clear:left;\">year<span class=\"_ _1\"></span>, amounted to ISK 51 millio<span class=\"_ _2\"></span>n.</span><span style=\"display:inherit;clear:left;\">35.7 Liquidity risk<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Liquidity risk is the risk that the Group will not have enough liquid assets or not being able to sell assets in time and </span><span style=\"display:inherit;clear:left;\">therefore encounter di<span class=\"ff4c\">ff</span>iculty in meeting its <span class=\"_ _2\"></span>financial obligations when due. </span><span style=\"display:inherit;clear:left;\">The liquidity<span class=\"_ _2\"></span> po<span class=\"_ _0\"></span>sition,<span class=\"_ _2\"></span> i<span class=\"_ _0\"></span>ts development as well a<span class=\"_ _0\"></span>s the impact of <span class=\"_ _0\"></span>market conditions and future o<span class=\"_ _0\"></span>utlook is monitored on </span><span style=\"display:inherit;clear:left;\">a <span class=\"_ _16\"> </span>regular<span class=\"ls3a wsce\"> </span>basis.<span class=\"ls4d ws10d\"> </span>P<span class=\"_ _1\"></span>arti<span class=\"_ _2\"></span>cular<span class=\"ls3a ws10e\"> </span>emphasis<span class=\"ls4e ws10f\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls4e ws110\"> </span>plac<span class=\"_ _2\"></span>ed<span class=\"ls4e ws110\"> </span>on<span class=\"lse ws111\"> </span>the<span class=\"_ _2\"></span>re<span class=\"ls4d ws112\"> </span>being<span class=\"ls4c wse\"> </span>al<span class=\"_ _2\"></span>ways<span class=\"ls3a wsce\"> </span>adequate<span class=\"ls4d ws112\"> </span>liquid<span class=\"ls4e ws110\"> </span>assets<span class=\"ls4e ws10f\"> </span>to<span class=\"ls4e ws110\"> </span>m<span class=\"_ _2\"></span>eet<span class=\"ls4e ws110\"> </span>expected<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">payments <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>both <span class=\"_ _13\"></span>claims <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>othe<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>liabilit<span class=\"_ _2\"></span>ies.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group's expec<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>very<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>well <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>overed by <span class=\"_ _13\"></span>its <span class=\"_ _2\"></span>liquid<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">position. The Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>policy on <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets <span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>o have <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>a minimum enough <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets, <span class=\"_ _0\"></span>including<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>access <span class=\"_ _0\"></span>to credit </span><span style=\"display:inherit;clear:left;\">lines, <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>cover <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>operating <span class=\"_ _18\"></span>costs <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>parent <span class=\"_ _14\"></span>company <span class=\"_ _14\"></span>for <span class=\"_ _14\"></span>3 <span class=\"_ _18\"></span>months, <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>addition <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>least <span class=\"_ _18\"></span>ISK <span class=\"_ _14\"></span>500 <span class=\"_ _14\"></span>million <span class=\"_ _18\"></span>to </span><span style=\"display:inherit;clear:left;\">support <span class=\"_ _13\"></span>subsidiaries <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>they <span class=\"_ _13\"></span>run <span class=\"_ _13\"></span>into <span class=\"_ _2\"></span>di<span class=\"ff4d\">ff</span>iculties. <span class=\"_ _13\"></span>It <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>part <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>policy <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>each <span class=\"_ _13\"></span>subsidiary <span class=\"_ _13\"></span>adheres <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">its own liquidity risk policy<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Expecte<span class=\"wsc7\">d </span>cash \ufb02ow<span class=\"wsc\">s <span class=\"wsec\">of </span></span>liabil<span class=\"_ _2\"></span>i<span class=\"ws113\">ties </span>i<span class=\"wsc\">s </span>specifie<span class=\"wsc7\">d </span>a<span class=\"ws114\">s </span>follows: </span><span style=\"display:inherit;clear:left;position:relative;height:226.828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 0.0117187px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 13.6836px; width: 709.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 32.0117px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 31.8398px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.415.422</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.372.127</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.787.549</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.8555px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 45.6836px; width: 286.822px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">203.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059.643</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 59.5117px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 59.3555px; width: 286.811px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">230.072</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.090.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.705px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.321.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 73.3555px; width: 398.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other short-term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 435.812px; top: 73.1992px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.158.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.158.530</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 87.0273px; width: 399.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 86.8711px; width: 301.371px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.007.821</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.278.861</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.326.779</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 126.027px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.668px; width: 709.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 159.824px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 159.824px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.718.281</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.032.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.750.819</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 173.496px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 173.496px; width: 286.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">194.648</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">781.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.913.937</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.34px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 187.34px; width: 286.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">204.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">204.05</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.435px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">408.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 200.996px; width: 399.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payabl</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and other short-term liabilities* .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 200.996px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.445.671</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 214.84px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.563.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.018.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.519.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>following <span class=\"_ _14\"></span>table <span class=\"_ _14\"></span>provides <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>maturity <span class=\"_ _14\"></span>analysis <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group\u00b4s <span class=\"_ _14\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>respect <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts, <span class=\"_ _14\"></span>which </span><span style=\"display:inherit;clear:left;\">re\ufb02ects the d<span class=\"_ _2\"></span>ate<span class=\"_ _0\"></span>s on which the <span class=\"_ _2\"></span>cash \ufb02ows ar<span class=\"_ _0\"></span>e expec<span class=\"_ _2\"></span>ted to occur<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Liabilities for remaining c<span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>age me<span class=\"_ _2\"></span>asure<span class=\"_ _0\"></span>d un<span class=\"_ _2\"></span>der </span><span style=\"display:inherit;clear:left;\">the P<span class=\"_ _0\"></span>AA have been exc<span class=\"_ _0\"></span>luded from thi<span class=\"_ _2\"></span>s analysis.<span class=\"_ _0\"></span>  </span><span style=\"display:inherit;clear:left;position:relative;height:84.453125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 0.0097656px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 11.3223px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 26.2285px; width: 247.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 26.2285px; width: 446.284px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.153.135</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.184.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.834.434</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.502.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768.242</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">727.114</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.169.906</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 48.4941px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.8066px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 74.7129px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.665.350</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">586</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.624.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.455.811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">729.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">705.832</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.071.753</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.139px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iabilities for incurred claims ......................................................</span></span></span><span style=\"display:inherit;clear:left;\">Liquidity risk o<span class=\"_ _2\"></span>f financial ser<span class=\"_ _2\"></span>vices activities is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>measur<span class=\"_ _0\"></span>e of the ba<span class=\"_ _2\"></span>nk'<span class=\"_ _0\"></span>s liquidit<span class=\"_ _2\"></span>y risk is the liq<span class=\"_ _2\"></span>uidity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio (L<span class=\"_ _0\"></span>CR) as defi<span class=\"_ _2\"></span>ned in Rules No. 1520/2022 </span><span style=\"display:inherit;clear:left;\">of the Central Bank of Icel<span class=\"_ _2\"></span>and and the bank adheres to pru<span class=\"_ _2\"></span>dent internal standards regarding the minim<span class=\"_ _2\"></span>um liquidity </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio. The bank's<span class=\"_ _0\"></span> liquid<span class=\"_ _2\"></span>ity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio was 417% on 31.12.2025, <span class=\"_ _2\"></span>while the min<span class=\"_ _2\"></span>imum liquidity<span class=\"_ _2\"></span> cover<span class=\"_ _1\"></span>age </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>atio according to the CBI's rules is 100%.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Time analysis of assets and <span class=\"_ _2\"></span>liabilities in respect o<span class=\"_ _2\"></span>f Fos<span class=\"_ _1\"></span>sar financia<span class=\"_ _2\"></span>l liabilities and <span class=\"_ _2\"></span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">The tables <span class=\"_ _0\"></span>show <span class=\"_ _0\"></span>non-d<span class=\"_ _2\"></span>iscounted contr<span class=\"_ _0\"></span>actual intere<span class=\"_ _0\"></span>st <span class=\"_ _0\"></span>and principal payments <span class=\"_ _0\"></span>in re<span class=\"_ _0\"></span>spect of <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>ssar <span class=\"_ _0\"></span>financial liabilities </span><span style=\"display:inherit;clear:left;\">and assets<span class=\"_ _0\"></span>. The aggrega<span class=\"_ _0\"></span>tes for <span class=\"_ _0\"></span>each liability and ass<span class=\"_ _0\"></span>et type are theref<span class=\"_ _0\"></span>ore higher than <span class=\"_ _0\"></span>the corresponding figure<span class=\"_ _0\"></span>s in the </span><span style=\"display:inherit;clear:left;\">consolidated <span class=\"_\"> </span>statement <span class=\"_\"> </span>of <span class=\"_\"> </span>financial <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>ition. <span class=\"_\"> </span>For <span class=\"_\"> </span>contractual <span class=\"_ _16\"> </span>obligations, <span class=\"_\"> </span>amounts <span class=\"_\"> </span>are <span class=\"_ _16\"> </span>brok<span class=\"_ _0\"></span>en <span class=\"_\"> </span>down <span class=\"_\"> </span>by <span class=\"_\"> </span>period </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on when contr<span class=\"_ _0\"></span>actual principal payments and estimated interes<span class=\"_ _0\"></span>t payments occur<span class=\"_ _1\"></span>. Liabilities which do n<span class=\"_ _2\"></span>ot </span><span style=\"display:inherit;clear:left;\">have <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _13\"></span>maturity <span class=\"_ _13\"></span>date <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>umption <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>cust<span class=\"_ _0\"></span>omer <span class=\"_ _13\"></span>will <span class=\"_ _13\"></span>dem<span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>payment </span><span style=\"display:inherit;clear:left;\">from the Group at the first opportunity<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:507.619140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 118.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 0.359375px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5938px; width: 732.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.104</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364.104</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 29.0469px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.627px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.5px; width: 732.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.9375px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.984.478</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.445.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.287.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.047.280</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.5781px; width: 733.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.012.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">894.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">437.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.5196px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 79.0156px; width: 420.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.300.477</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.340.285</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.724.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.329.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.187.387</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 116.188px; width: 128.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 116.547px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 132.609px; width: 732.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">993.053</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.993.053</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.047px; width: 732.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.951.775</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.793px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.488.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.688px; width: 732.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.141px; width: 732.732px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.531px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.473</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.578px; width: 732.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.047px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993.784</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.784</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 195.031px; width: 420.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.994.783</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.531.658</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.109px; width: 732.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.694px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">305.694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">418.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">575.460</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.655.729</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 278.135px; width: 118.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 278.494px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.666px; width: 732.776px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.928px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.057px; width: 732.647px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.683px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.447px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 331.838px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.432px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.338.280</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.539.308</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.004.580</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 344.244px; width: 732.823px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.461.531</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.171.869</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">577.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.284.677</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 356.822px; width: 420.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.416.343</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.692.311</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.8346px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.116.634</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.905.790</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 393.65px; width: 128.745px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2024:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 394.01px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 410.182px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.386px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.140.691</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3581px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.471px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.768.213</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 422.572px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.165px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.000.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.784px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.802.554</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.963px; width: 732.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.841px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 447.369px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 459.76px; width: 732.835px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 472.15px; width: 420.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.523.288</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.0856px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.2468px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.553.364</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 497.119px; width: 732.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.29px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.106.944)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.5921px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.06</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.920)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.352.426</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__67": {
   "value": "<span style=\"display:inherit;clear:left;\">22.<span class=\"_ _1a\"> </span>Pr<span class=\"_ _0\"></span>operty<span class=\"_ _3\"></span>, plant and equipment</span><span style=\"display:inherit;clear:left;position:relative;height:334.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 626.039px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property and equipment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 453.739px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Computer,</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 12.0215px; width: 137.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Buildings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7071px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.5938px; width: 23.6895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 490.141px; top: 25.6777px; width: 208.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and land</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">and vehicles</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 43.0059px; width: 456.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost at 1.1.2024 ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 43.3496px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">113.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.521.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.635.270</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 56.5215px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 56.8652px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">207.928</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2246px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 526.547px; top: 70.5684px; width: 196.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(866)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(15.905)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(16.772)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7402px; width: 456.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total value 1.1.2025 .........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 84.084px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.713.450</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.826.426</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.4434px; width: 457.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions during th</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 97.7871px; width: 177.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178.108</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.146px; width: 456.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and disposed of during the</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> year ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 542.875px; top: 111.49px; width: 180.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.710)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.662px; width: 456.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cost at 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 125.006px; width: 210.141px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">112.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.873.848</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.986.825</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.953px; width: 133.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accumulated depreciation</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 169.553px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2024 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 169.693px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.108</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.245.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.305.734</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 183.068px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 183.209px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.181</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.139</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.320</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 196.756px; width: 456.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 1.1.2025 .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 196.896px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">62.289</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.415.766</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.478.054</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 210.459px; width: 456.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year ..................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 521.828px; top: 210.6px; width: 198.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.521</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">106.544</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 223.975px; width: 456.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciated 31.12.2025 ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 224.115px; width: 204.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">63.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.520.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7344px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.584.598</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.141px; width: 85.2539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.475px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2024 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 515.891px; top: 270.475px; width: 204.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">275.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.531</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.631px; width: 458.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount at beginnin</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">g of the year 2025 ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 285.631px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">297.684</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">348.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 300.771px; width: 456.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> amount at end of the year 2025 .........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.797px; top: 300.771px; width: 204.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">49.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">353.058</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">402.221</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 322.396px; width: 455.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation rates ............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 535.266px; top: 320.771px; width: 101.889px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10-33%</span></span></span><span style=\"display:inherit;clear:left;\">The asse<span class=\"_ _0\"></span>ssment value of pr<span class=\"_ _0\"></span>operties at year<span class=\"_ _1\"></span>-en<span class=\"_ _2\"></span>d 2025 amounted to ISK <span class=\"_ _0\"></span>146 million (2024: 126 million). The insur<span class=\"_ _0\"></span>ance </span><span style=\"display:inherit;clear:left;\">value of p<span class=\"_ _2\"></span>roperties am<span class=\"_ _2\"></span>ounted to <span class=\"_ _2\"></span>ISK 343 <span class=\"_ _2\"></span>million. Th<span class=\"_ _2\"></span>e insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>value of <span class=\"_ _2\"></span>properties a<span class=\"_ _2\"></span>nd eq<span class=\"_ _2\"></span>uipment am<span class=\"_ _2\"></span>ount<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to ISK<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">662 <span class=\"_ _f3\"> </span>million. </span><span style=\"display:inherit;clear:left;position:relative;height:25.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.849609px; width: 36.6555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Leases</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 13.709px; width: 728.266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Right of use asset at year end .........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.3354px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">982.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.419595px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">351.989</span></span></span><span style=\"display:inherit;clear:left;\">Included <span class=\"_ _18\"> </span>in <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>roperties <span class=\"_ _14\"></span>and <span class=\"_ _18\"></span>land <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>Rig<span class=\"_ _2\"></span>ht-of-use <span class=\"_ _14\"></span>assets <span class=\"_ _18\"></span>from <span class=\"_ _14\"></span>lease <span class=\"_ _18\"> </span>agreements <span class=\"_ _18\"></span>in <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>ISK <span class=\"_ _18\"></span>982 <span class=\"_ _13\"></span>mi<span class=\"_ _2\"></span>llion </span><span style=\"display:inherit;clear:left;\">(2024: ISK 352 millio<span class=\"_ _2\"></span>n). For further information on<span class=\"_ _2\"></span> leases please refer to note 28. </span><span style=\"display:inherit;clear:left;position:relative;height:25.65625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0058593px; width: 139.538px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.375px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 15.5371px; width: 595.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tota</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.526266px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l property, plant and equipment at year end ........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.1883px; font-size: 10.8134px; font-family: ff13; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.115px; top: 13.6621px; width: 48.0677px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.384.416</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 643.182px; top: 13.6621px; width: 47.6125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.6123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 690.795px; top: 13.6621px; width: 39.0621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162201px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">700.356</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__72": {
   "value": "<span style=\"display:inherit;clear:left;\">24.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Other receivables</span></span></span><span style=\"display:inherit;clear:left;\">Other recei<span class=\"_ _2\"></span>vables ar<span class=\"_ _0\"></span>e specifi<span class=\"_ _2\"></span>ed as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:71.515625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0019531px; width: 141.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.3101px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 728.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid taxes ...................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0798px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">712.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">56.136</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.752px; width: 728.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid expenses ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4994px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">246.856</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">549.001</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.6426px; width: 729.364px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Receivables related to do</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mes</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tic operations and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> other receivables .................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.133.863</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.303.474</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.5176px; width: 728.267px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables, total ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.308.612</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__71": {
   "value": "<span style=\"display:inherit;clear:left;\">24.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Other receivables</span></span></span><span style=\"display:inherit;clear:left;\">Other recei<span class=\"_ _2\"></span>vables ar<span class=\"_ _0\"></span>e specifi<span class=\"_ _2\"></span>ed as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:71.515625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0019531px; width: 141.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.3101px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.8613px; width: 728.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid taxes ...................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0798px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">712.946</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">56.136</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.752px; width: 728.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid expenses ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4994px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">246.856</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4095px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">549.001</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.6426px; width: 729.364px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Receivables related to do</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">mes</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tic operations and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.4139px; width: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> other receivables .................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519123px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.133.863</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.3569px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.303.474</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.5176px; width: 728.267px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables, total ....................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3795px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8351px; font-size: 10.8134px; font-family: ff12; -webkit-text-stroke: 0.162202px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.308.612</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__74": {
   "value": "<span style=\"display:inherit;clear:left;\">25.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span></span></span><span style=\"display:inherit;clear:left;\">25.1 Insur<span class=\"_ _1\"></span>ance contract<span class=\"_ _0\"></span> liabilities<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act liabilities are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s:<span class=\"fc6\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:57.171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0078125px; width: 142.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6626px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6484px; width: 730.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for remaining coverage ........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.7072px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8181px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">608.357</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 31.5078px; width: 729.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y for incurred claims ...................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.573.179</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.135.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.1797px; width: 729.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418877px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for insurance contracts, total ...............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2068px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.525365px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.744.014</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff4 fs20\"> </span></span><span style=\"display:inherit;clear:left;position:relative;height:741.015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 0.0097656px; width: 51.2716px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 496.078px; top: 0.0097656px; width: 135.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 13.8848px; width: 94.9979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 498.047px; top: 13.8848px; width: 132.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 36.5566px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 36.5723px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 50.416px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 50.4316px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 64.2754px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 87.6816px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 111.26px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 125.119px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.143.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">340.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.484.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 138.979px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.781.843</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">781.843</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 152.838px; width: 733.204px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.400.356)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.8689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.472</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.259.885)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 166.51px; width: 732.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(31.959.386)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.525.206</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">480.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.185px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3.953.382)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 186.666px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.631.525</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.525</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 207.855px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 220.15px; width: 731.208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 234.01px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(23.228.373)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23.228.373)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 247.885px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.487.802)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 261.557px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.109.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.716.175)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.393.102</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 289.275px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(483.832)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 316.807px; width: 731.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.758.248</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.473.609</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6347px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.099.570</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.331.427</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 346.15px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2025. </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 366.781px; top: 378.385px; width: 264.623px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4195px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s for incurr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 345.766px; top: 392.229px; width: 285.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remaining coverage</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.4997px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">for contracts under the PAA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.797px; top: 414.916px; width: 66.1163px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Present value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 414.932px; width: 77.4489px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk adjustm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 320.938px; top: 428.775px; width: 220.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excluding loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uture</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.672px; top: 428.775px; width: 76.9397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">for non-financial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 327.953px; top: 442.635px; width: 382.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">component</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.7694px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cash flows</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.899px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6131px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 466.041px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 01.01.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.185.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.518.797</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">766.360</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.470.289</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 489.619px; width: 733.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue .......................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1724px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 284.614px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 503.479px; width: 730.048px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Incurred claims &amp; other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> directly</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> attrib. exp. .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.805px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.966.745</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">273.912</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.240.657</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 517.338px; width: 730.511px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost for</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> insurance services provided .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.33px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.575.624</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.502px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">575.624</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 531.197px; width: 733.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Run-off previous years adjustm. to the LIC .................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(640.740)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4963px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(421.497)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.062.237)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 544.885px; width: 732.443px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit/loss on gross business .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.0622px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(29.182.080)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.6383px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.901.629</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1127px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(147.586)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0591px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.428.036)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 565.041px; width: 729.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Finance exp. from </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance contracts .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.4929px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1329px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.121.708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6049px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.708</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 586.215px; width: 57.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff13; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flows</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 598.51px; width: 729.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance revenue received ........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.2885px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 291.69px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 612.369px; width: 733.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims &amp; other directly at</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415371px; width: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">trib. exp. paid .......................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.163px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(20.423.661)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.705px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20.423.661)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 626.244px; width: 733.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance operational cash flows ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.122px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.121px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.120.575)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.3125px; top: 639.916px; width: 729.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total cash flows ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1782px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.605.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5089px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.520968px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25.544.236)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.4558px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.4932px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.061.069</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 667.635px; width: 733.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reclassified to other balance sheet items ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.142px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.959px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(481.013)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.23438px; top: 695.182px; width: 731.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.616px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.608.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.1495px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1096px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.516.885</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4325px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">618.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.6689px; font-size: 10.8251px; font-family: ff12; -webkit-text-stroke: 0.162377px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.744.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 724.525px; width: 647.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">The risk adjustmen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t calculation cor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">res</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ponds to an 85% </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">confidenc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e interval as at 31 Dec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 14.9406px; font-family: ff4; -webkit-text-stroke: 0.224109px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ember 2024. </span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, refer to Note 2.<span class=\"ff12 fs1e\"> <span class=\"_ _f9\"> </span><span class=\"ff4 fs20\"> </span></span></span><span style=\"display:inherit;clear:left;\">25.2 Developme<span class=\"_ _0\"></span>nt of incu<span class=\"_ _0\"></span>rred claims<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>able <span class=\"_ _2\"></span>shows <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>estimate <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>total <span class=\"_ _13\"></span>amou<span class=\"_ _0\"></span>nt <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>claims <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>claim <span class=\"_ _2\"></span>year <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>how <span class=\"_ _13\"></span>this <span class=\"_ _2\"></span>estimate h<span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">developed <span class=\"_ _14\"></span>f<span class=\"_ _2\"></span>rom <span class=\"_ _13\"></span>year <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>ye<span class=\"_ _2\"></span>ar<span class=\"_ _95\"></span>. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"></span>liability <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>paid <span class=\"_ _14\"></span>claim<span class=\"_ _2\"></span>s, <span class=\"_ _13\"></span>reported <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>un<span class=\"_ _2\"></span>settled <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>unreported </span><span style=\"display:inherit;clear:left;\">claims. </span><span style=\"display:inherit;clear:left;position:relative;height:348.0625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 0.0058593px; width: 138.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total amounts in ISK m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">illi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">on</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.3965px; width: 455.451px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6929px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.306px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7381px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6152px; width: 159.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.834px; width: 677.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.555</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.105</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.046</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.860</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.354</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.160</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0527px; width: 621.653px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.377</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.532</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.267</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.2871px; width: 566.194px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.102</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.928</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.606</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5059px; width: 511.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.618</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.984</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.725px; width: 456.155px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.325</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.561</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 122.943px; width: 399.892px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.477px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.265</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.439</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.162px; width: 344.392px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.245</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.381px; width: 289.243px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02643px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.037px; width: 157.046px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.256px; width: 677.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.8006px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.938</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.566</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.606</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.081</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.170</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.912px; width: 115.843px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.146px; width: 676.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.119</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.785</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.239</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.705</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6773px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.329</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.237</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.954</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.365px; width: 733.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0675px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9592px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5606px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">907</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.7033px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.277</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2168px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.844</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.2024px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.584px; width: 732.613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.6552px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0284px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6909px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3952px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7152px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6586px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.615px; width: 678.367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions from 2017 and prior years ................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 715.328px; top: 307.615px; width: 18.588px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 321.475px; width: 676.433px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross provisions for C</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521706px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">laims, end of year ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.844px; top: 321.475px; width: 34.0576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.892</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.693px; width: 677.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt releated to Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41596px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ty for incurred claim (LIC) and other insurance liabilities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 706.156px; top: 335.693px; width: 27.8616px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.681</span></span></span><span style=\"display:inherit;clear:left;\">The following tables show the reinsurers<span class=\"_ _0\"></span>' share of the liabili<span class=\"_ _2\"></span>ty and the liability n<span class=\"_ _2\"></span>et of reinsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:348.09375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0.0097656px; width: 260.407px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rom reinsurance contract</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s held in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 265.688px; top: 23.416px; width: 455.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">20</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2839px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6705px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7252px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6348px; width: 159.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.8535px; width: 677.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">668</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">564</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">878</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">276</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">92</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 66.0723px; width: 621.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">651</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">95</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">221</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 80.291px; width: 565.841px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">889</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">194</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">13</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5098px; width: 510.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1194px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">901</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">707</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">215</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.729px; width: 456.274px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0283px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">900</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">664</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">41</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 123.135px; width: 399.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">708</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 137.354px; width: 344.78px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">43</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.572px; width: 289.214px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02568px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.229px; width: 157.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 208.463px; width: 677.587px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.702px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">19</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">641</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">233</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">457</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">86</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">371</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.119px; width: 115.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 265.338px; width: 676.661px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2025 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">643</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">42</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">232</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">228</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.557px; width: 733.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.3996px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6959px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.005px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.2351px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.534px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9323px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 293.604px; width: 677.833px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ........................................................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 293.604px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.463px; width: 676.579px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverables from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 2017 and prior y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears ..........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 307.463px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 321.494px; width: 677.247px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverabels for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s, end of ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415657px; width: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ..................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 321.494px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 335.729px; width: 677.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets releated to incurred claim (LIC) and other insurance asse</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521327px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts  ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 727.75px; top: 335.729px; width: 6.19739px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1414px; font-family: ff12; -webkit-text-stroke: 0.167121px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:334.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 572.625px; top: 0.0136718px; width: 162.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net of own account in ISK million</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 266.875px; top: 23.4668px; width: 456.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2020</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7304px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.7012px; width: 159.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> claim ex</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">penses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 51.9512px; width: 678.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At end of claim </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.887</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.966</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.168</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.584</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 66.2012px; width: 622.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.680</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.656</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.156</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.709</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.357</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.858</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 80.4512px; width: 566.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Two y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.085</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.646</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.307</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.696</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.149</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 94.5137px; width: 511.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Three years later ...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.214</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 108.764px; width: 456.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Four years later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.662</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.351</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 123.014px; width: 400.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Five y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.426</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 137.264px; width: 345.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears later ..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.633</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 151.514px; width: 289.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seven y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars later .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.248px; width: 157.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimate of ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cumulated claims</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 208.482px; width: 679.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar-end 2025 ..............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.582</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.295</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.347</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.971</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.266</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.149</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.232px; width: 116.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ulate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d payments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 265.467px; width: 678.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">At yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r-end 2024 .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.141</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.562</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.902</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.6679px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.726</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 279.717px; width: 734.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision at ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar end 2025 ...................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">153</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">318</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.334</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.810</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.073</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.420</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 293.967px; width: 734.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Discounting ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">110</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">310</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.409</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 308.029px; width: 678.322px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net Provisions from 2017 and prior years .........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 717.547px; top: 308.029px; width: 18.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">156</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 321.92px; width: 676.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> for incurred claims (L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">IC) and assets for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s (AIC) ............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 702.047px; top: 321.92px; width: 34.1133px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.1575px; font-family: ff12; -webkit-text-stroke: 0.167362px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.168</span></span></span><span style=\"display:inherit;clear:left;\">25.3 Eiopa yield curv<span class=\"_ _0\"></span>es used o<span class=\"_ _0\"></span>n all contr<span class=\"_ _0\"></span>acts me<span class=\"_ _0\"></span>asure<span class=\"_ _0\"></span>d under P<span class=\"_ _1\"></span>AA: </span><span style=\"display:inherit;clear:left;position:relative;height:47.78125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 70.3594px; top: 0.0058593px; width: 292.638px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.838px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.7715px; width: 438.981px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.889px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0552px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3713px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.4126px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02982px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.4669px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417332px; width: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 18.8906px; top: 33.5371px; width: 424.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.733px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5756px; font-size: 13.2219px; font-family: ff12; -webkit-text-stroke: 0.198328px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,9%</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__77-1": {
   "value": "<span style=\"display:inherit;clear:left;\">26.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial liabilitie<span class=\"_ _0\"></span>s</span></span></span><span style=\"display:inherit;clear:left;\">Financia<span class=\"_ _0\"></span>l liabilities<span class=\"_ _0\"></span> are sp<span class=\"_ _0\"></span>ecified as f<span class=\"_ _0\"></span>ollows<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Fo<span class=\"_ _0\"></span>r a det<span class=\"_ _0\"></span>ailed break<span class=\"_ _0\"></span>dow<span class=\"_ _0\"></span>n, re<span class=\"_ _0\"></span>fer to n<span class=\"_ _0\"></span>otes 26.1 a<span class=\"_ _0\"></span>nd 26.2.</span><span style=\"display:inherit;clear:left;position:relative;height:58.765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 665.828px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 19.0527px; width: 546.387px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 19.084px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.342.900</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 19.084px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.363.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.7402px; width: 548.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.1465px; width: 548.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities total ....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 47.1465px; width: 146.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20.953.779</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.750.819</span></span></span><span style=\"display:inherit;clear:left;\">26.1 Borro<span class=\"_ _0\"></span>wing<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Borrowings ar<span class=\"_ _0\"></span>e specifi<span class=\"_ _2\"></span>ed as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:57.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 665.828px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 19.0684px; width: 547.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 19.084px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.7402px; width: 547.992px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s to credit institutions ..........................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 46.2559px; width: 546.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 46.2559px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.342.900</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.2559px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.363.421</span></span></span><span style=\"display:inherit;clear:left;\">26.2 Iss<span class=\"_ _0\"></span>ued bonds and bil<span class=\"_ _0\"></span>ls </span><span style=\"display:inherit;clear:left;\">Issued bonds and b<span class=\"_ _2\"></span>ills are specified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:216.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.896484px; width: 367.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.343px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Issued</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5226px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 0.755859px; width: 123.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Type and terms of interest</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 667.016px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 18.959px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 0311 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.9.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.3.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 18.959px; width: 245.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounted ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.023.153</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 32.6621px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 0528 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 32.7715px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.11.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.5.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 32.6621px; width: 245.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounted ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 32.7715px; width: 38.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">908.819</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 46.1777px; width: 225.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 46.2715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.7.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 46.2715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.1.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 46.1777px; width: 244.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibor +1.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">% ...............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 46.2715px; width: 38.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">783.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 59.8809px; width: 225.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 27 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 59.9434px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 59.9434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.6.2027</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 59.8809px; width: 244.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibor +1.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">% ...............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 59.9434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.805.907</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 73.3965px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 040728 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 259.844px; top: 73.4434px; width: 41.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.7.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 329.438px; top: 73.4434px; width: 41.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.7.2028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 73.3965px; width: 245.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.03% .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 73.4434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.566.220</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 87.1309px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 323.391px; top: 87.1309px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 87.084px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.2% .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -638.438px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">FOS 281026 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 87.1309px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.523.767</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 101.693px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 129.521px; width: 367.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.067px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Issued</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5226px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 129.443px; width: 123.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Type and terms of interest</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 667.016px; top: 128.631px; width: 53.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.725px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 25 0311 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 148.787px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.9.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 148.787px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.3.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 148.725px; width: 245.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounte</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 148.787px; width: 38.5295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">392.440</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 162.428px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 25 0530 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 162.475px; width: 53.3441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.11.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 162.475px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">30.5.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 162.428px; width: 245.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounte</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 162.475px; width: 38.5295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">962.420</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 176.865px; width: 225.642px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 176.865px; width: 427.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.7.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.5686px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.1.2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.86px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 176.865px; width: 244.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r + 1.5% ..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 190.553px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 281026 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 190.553px; width: 430.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.296px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.10.2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 307.787px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 190.553px; width: 245.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.2% .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 204.428px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.387.399</span></span></span><span style=\"display:inherit;clear:left;\">26.3 Reconciliation<span class=\"_ _0\"></span> of Liabili<span class=\"_ _0\"></span>ties Arising from <span class=\"_ _0\"></span>financing acti<span class=\"_ _0\"></span>vities </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>IAS <span class=\"_ _2\"></span>7,44D <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>table <span class=\"_ _2\"></span>below <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>vides <span class=\"_ _2\"></span>reconcilation <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>etween <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>open<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>closing <span class=\"_ _2\"></span>balances <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _18\"> </span>arising <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>financing <span class=\"_ _18\"> </span>activities, <span class=\"_ _16\"> </span>distinguishing <span class=\"_ _18\"></span>between <span class=\"_ _18\"></span>cash <span class=\"_ _18\"> </span>flows <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>non-cash <span class=\"_ _18\"> </span>movements <span class=\"_ _18\"> </span>such <span class=\"_ _18\"> </span>as </span><span style=\"display:inherit;clear:left;\">new leases, accrued interest and foreign exchange di<span class=\"_ _2\"></span><span class=\"ff31\">ff</span>erences. </span><span style=\"display:inherit;clear:left;position:relative;height:107.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0.0058593px; width: 143.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest bearing </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Lease</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 13.4902px; width: 220.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.5059px; width: 729.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Opening balance as 1 January 2025 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.514.751</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">391.655</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.906.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.1621px; width: 730.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flow from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financing activities ....................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.868.018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(141.709)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.726.310</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 54.8027px; width: 729.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New leases .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">827.287</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">827.287</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 68.459px; width: 729.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued interest ...................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">444.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">444.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 82.1152px; width: 728.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non cash m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ovements .............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.742</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">49.302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">83.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 95.5996px; width: 458.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Closing balance at 31 December 2025 .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 95.7715px; width: 237.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24.861.498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.126.536</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.988.034</span></span></span><span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__78-1": {
   "value": "<span style=\"display:inherit;clear:left;\">26.1 Borro<span class=\"_ _0\"></span>wing<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Borrowings ar<span class=\"_ _0\"></span>e specifi<span class=\"_ _2\"></span>ed as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:57.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 665.828px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 19.0684px; width: 547.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 19.084px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 32.7402px; width: 547.992px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilitie</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s to credit institutions ..........................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 682.281px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 46.2559px; width: 546.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 46.2559px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.342.900</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.2559px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.363.421</span></span></span><span style=\"display:inherit;clear:left;\">26.2 Iss<span class=\"_ _0\"></span>ued bonds and bil<span class=\"_ _0\"></span>ls </span><span style=\"display:inherit;clear:left;\">Issued bonds and b<span class=\"_ _2\"></span>ills are specified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:216.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.896484px; width: 367.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.343px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Issued</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5226px; font-size: 10.6171px; font-family: ff12; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 0.755859px; width: 123.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Type and terms of interest</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 667.016px; top: 0.0058593px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 18.959px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 0311 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.9.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.3.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 18.959px; width: 245.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounted ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 19.084px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.023.153</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 32.6621px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 0528 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 32.7715px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.11.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 32.7715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.5.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 32.6621px; width: 245.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounted ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 32.7715px; width: 38.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">908.819</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 46.1777px; width: 225.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 46.2715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.7.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 46.2715px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.1.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 46.1777px; width: 244.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibor +1.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">% ...............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 46.2715px; width: 38.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">783.014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 59.8809px; width: 225.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 27 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 59.9434px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 59.9434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.6.2027</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 59.8809px; width: 244.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibor +1.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">% ...............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 59.9434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.805.907</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 73.3965px; width: 225.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 040728 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 259.844px; top: 73.4434px; width: 41.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.7.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 329.438px; top: 73.4434px; width: 41.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.7.2028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 73.3965px; width: 245.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.03% .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 73.4434px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.566.220</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 87.1309px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 323.391px; top: 87.1309px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 87.084px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.2% .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -638.438px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">FOS 281026 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.828px; top: 87.1309px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.523.767</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 101.693px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 129.521px; width: 367.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.067px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Issued</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.5226px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 129.443px; width: 123.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Type and terms of interest</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 667.016px; top: 128.631px; width: 53.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.725px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 25 0311 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 148.787px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.9.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 148.787px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.3.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 148.725px; width: 245.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounte</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 148.787px; width: 38.5295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">392.440</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 162.428px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 25 0530 ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 162.475px; width: 53.3441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.11.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 325.906px; top: 162.475px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">30.5.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 162.428px; width: 245.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bill, discounte</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d ..........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 692.875px; top: 162.475px; width: 38.5295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">962.420</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 176.865px; width: 225.642px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 26 1 ............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 256.969px; top: 176.865px; width: 427.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.7.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.5686px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.1.2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.86px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 395.781px; top: 176.865px; width: 244.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, floating 1M Reibo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r + 1.5% ..............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 190.553px; width: 225.718px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">FOS 281026 .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 253.906px; top: 190.553px; width: 430.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">28.10.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.296px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">8.10.2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 307.787px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.484px; top: 190.553px; width: 245.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond, fixed 9.2% .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 204.428px; width: 47.4124px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.387.399</span></span></span><span style=\"display:inherit;clear:left;\">26.3 Reconciliation<span class=\"_ _0\"></span> of Liabili<span class=\"_ _0\"></span>ties Arising from <span class=\"_ _0\"></span>financing acti<span class=\"_ _0\"></span>vities </span><span style=\"display:inherit;clear:left;\">In <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>IAS <span class=\"_ _2\"></span>7,44D <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>table <span class=\"_ _2\"></span>below <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>vides <span class=\"_ _2\"></span>reconcilation <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>etween <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>open<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>closing <span class=\"_ _2\"></span>balances <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _18\"> </span>arising <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>financing <span class=\"_ _18\"> </span>activities, <span class=\"_ _16\"> </span>distinguishing <span class=\"_ _18\"></span>between <span class=\"_ _18\"></span>cash <span class=\"_ _18\"> </span>flows <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>non-cash <span class=\"_ _18\"> </span>movements <span class=\"_ _18\"> </span>such <span class=\"_ _18\"> </span>as </span><span style=\"display:inherit;clear:left;\">new leases, accrued interest and foreign exchange di<span class=\"_ _2\"></span><span class=\"ff31\">ff</span>erences. </span><span style=\"display:inherit;clear:left;position:relative;height:107.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 0.0058593px; width: 143.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest bearing </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Lease</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 13.4902px; width: 220.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">lia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.4648px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 27.5059px; width: 729.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Opening balance as 1 January 2025 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.514.751</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">391.655</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.906.406</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.1621px; width: 730.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash flow from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> financing activities ....................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.868.018</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(141.709)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.726.310</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 54.8027px; width: 729.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New leases .......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">827.287</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">827.287</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 68.459px; width: 729.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued interest ...................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">444.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">444.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 82.1152px; width: 728.525px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non cash m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ovements .............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.742</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">49.302</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">83.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 95.5996px; width: 458.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Closing balance at 31 December 2025 .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 95.7715px; width: 237.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24.861.498</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.126.536</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.988.034</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__81": {
   "value": "<span style=\"display:inherit;clear:left;\">27.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Sub<span class=\"_ _2\"></span>or<span class=\"_ _0\"></span>dinated bond</span></span></span><span style=\"display:inherit;clear:left;\">At <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>end <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>F<span class=\"_ _0\"></span>ebruary<span class=\"_ _2\"></span> 20<span class=\"_ _2\"></span>16, <span class=\"_ _2\"></span>the Com<span class=\"_ _2\"></span>pany issued <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>subordinated <span class=\"_ _2\"></span>bond <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>nominal <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of IS<span class=\"_ _2\"></span>K <span class=\"_ _2\"></span>2,500 <span class=\"_ _2\"></span>million. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>bond<span class=\"_ _2\"></span> is <span class=\"_ _2\"></span>classified <span class=\"_ _13\"></span>as Tier<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>II <span class=\"_ _2\"></span>capital <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>included<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>solvency<span class=\"_ _3\"></span>. <span class=\"_ _13\"></span>The <span class=\"_ _2\"></span>bond <span class=\"_ _2\"></span>bears <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>in\ufb02ation-</span><span style=\"display:inherit;clear:left;\">index<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>interes<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of 5.2<span class=\"_ _2\"></span>5%. I<span class=\"_ _2\"></span>ts maturity is <span class=\"_ _2\"></span>30 years but with <span class=\"_ _2\"></span>a prepayment opt<span class=\"_ _2\"></span>ion and a <span class=\"_ _2\"></span>step-up in<span class=\"_ _2\"></span> interest r<span class=\"_ _0\"></span>ate to </span><span style=\"display:inherit;clear:left;\">6.25% ten years after the issue d<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:72.15625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 360.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in the subordinated bond from the beginning to the end of the y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 1.3125px; width: 143.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.8594px; width: 548.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 1 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 18.7969px; width: 47.4099px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.641px; top: 18.7969px; width: 47.4099px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.589.584</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 32.5156px; width: 547.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued interest and price indexation .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 598.156px; top: 32.4688px; width: 38.5271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">341.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 691.688px; top: 32.4688px; width: 38.5271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">364.887</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.9844px; width: 548.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Paid interests ...................................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 45.9688px; width: 45.6262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(197.687)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 687.5px; top: 45.9688px; width: 45.6262px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(190.540)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.5312px; width: 548.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance at 31 December ..............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 589.219px; top: 60.5312px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSubordinatedLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__85": {
   "value": "<span style=\"display:inherit;clear:left;\">29.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Accounts payable and other liabilities</span></span></span><span style=\"display:inherit;clear:left;\">Accounts<span class=\"_ _0\"></span> payable are<span class=\"_ _0\"></span> specifie<span class=\"_ _0\"></span>d as foll<span class=\"_ _0\"></span>ows:</span><span style=\"display:inherit;clear:left;position:relative;height:72.15625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0px; width: 146.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.4219px; width: 728.06px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">155.943</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">975.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.0781px; width: 728.007px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">able .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">511.031</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 44.5469px; width: 728.507px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es  ................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8575px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.645.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.958.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.5312px; width: 729.073px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther liabilities, total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .....................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1922px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">158.53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__84": {
   "value": "<span style=\"display:inherit;clear:left;\">29.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Accounts payable and other liabilities</span></span></span><span style=\"display:inherit;clear:left;\">Accounts<span class=\"_ _0\"></span> payable are<span class=\"_ _0\"></span> specifie<span class=\"_ _0\"></span>d as foll<span class=\"_ _0\"></span>ows:</span><span style=\"display:inherit;clear:left;position:relative;height:72.15625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0px; width: 146.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.4219px; width: 728.06px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">155.943</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">975.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.0781px; width: 728.007px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">able .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">511.031</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 44.5469px; width: 728.507px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es  ................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8575px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.645.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.958.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.5312px; width: 729.073px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther liabilities, total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .....................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1922px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">158.53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__83": {
   "value": "<span style=\"display:inherit;clear:left;\">29.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Accounts payable and other liabilities</span></span></span><span style=\"display:inherit;clear:left;\">Accounts<span class=\"_ _0\"></span> payable are<span class=\"_ _0\"></span> specifie<span class=\"_ _0\"></span>d as foll<span class=\"_ _0\"></span>ows:</span><span style=\"display:inherit;clear:left;position:relative;height:72.15625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0px; width: 146.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 17.4219px; width: 728.06px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">155.943</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">975.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.0781px; width: 728.007px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">able .........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.2466px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.628</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6678px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">511.031</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 44.5469px; width: 728.507px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es  ................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.8575px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.645.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.958.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.5312px; width: 729.073px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable and o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ther liabilities, total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .....................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1922px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">158.53</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__89": {
   "value": "<span style=\"display:inherit;clear:left;\">30.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share capital and equity r<span class=\"_ _0\"></span>eserves</span></span></span><span style=\"display:inherit;clear:left;\">The share ca<span class=\"_ _0\"></span>pital is s<span class=\"_ _0\"></span>pecified as foll<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s:</span><span style=\"display:inherit;clear:left;position:relative;height:58.84375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6777px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to the Company's Articles of Association ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">916.08</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.906.700</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.1934px; width: 731.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares ..............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.742)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.2246px; width: 728.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to annual financia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l statements </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.905.74</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.895.958</span></span></span><span style=\"display:inherit;clear:left;\">One vote is attached to each <span class=\"_ _2\"></span>share of the nominal value of <span class=\"_ _2\"></span>one Icelan<span class=\"_ _2\"></span>dic Krona in the Company<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Statutory reserve </span><span style=\"display:inherit;clear:left;\">According to the <span class=\"_ _2\"></span>Limited Liabilit<span class=\"_ _2\"></span>y Companies Act, the Co<span class=\"_ _2\"></span>mpany is required to retain amounts cor<span class=\"_ _2\"></span>responding to 25% </span><span style=\"display:inherit;clear:left;\">of <span class=\"_\"> </span>the <span class=\"_\"> </span>nominal <span class=\"_\"> </span>value <span class=\"_\"> </span>of <span class=\"_\"> </span>share<span class=\"_ _0\"></span>s <span class=\"_\"> </span>in <span class=\"_\"> </span>a <span class=\"_\"> </span>s<span class=\"_ _0\"></span>tatutory <span class=\"_\"> </span>res<span class=\"_ _0\"></span>erve <span class=\"_\"> </span>t<span class=\"_ _2\"></span>hat <span class=\"_\"> </span>is<span class=\"_ _0\"></span> <span class=\"_\"> </span>prohibited <span class=\"_\"> </span>from <span class=\"_\"> </span>bei<span class=\"_ _0\"></span>ng <span class=\"_\"> </span>distributed <span class=\"_\"> </span>as <span class=\"_\"> </span>dividends <span class=\"_\"> </span>to </span><span style=\"display:inherit;clear:left;\">shareholders. <span class=\"_ _13\"></span>Amounts <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>ex<span class=\"_ _0\"></span>cess <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>25% <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>nomina<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shares <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Com<span class=\"_ _2\"></span>pany's <span class=\"_ _13\"></span>disposal. <span class=\"_ _2\"></span>St<span class=\"_ _2\"></span>atutory </span><span style=\"display:inherit;clear:left;\">reserve in the <span class=\"_ _0\"></span>amount of ISK <span class=\"_ _1\"></span>62<span class=\"_ _2\"></span>5 million is <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sented within res<span class=\"_ _0\"></span>tricted re<span class=\"_ _0\"></span>serves in the s<span class=\"_ _0\"></span>tatement of changes <span class=\"_ _0\"></span>in equity<span class=\"_ _3\"></span>, </span><span style=\"display:inherit;clear:left;\">and there were no changes in this reserve in <span class=\"_ _2\"></span>2024 and 2025.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Restricted reserve </span><span style=\"display:inherit;clear:left;\">According <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _14\"></span>Act, <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Company <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>recognize <span class=\"_ _14\"></span>unrealized <span class=\"_ _13\"></span>fair <span class=\"_ _13\"></span>value <span class=\"_ _14\"></span>income<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>financial </span><span style=\"display:inherit;clear:left;\">assets d<span class=\"_ _2\"></span>esignated <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>loss in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>estricted <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>among <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>quity <span class=\"_ _2\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>istributable </span><span style=\"display:inherit;clear:left;\">as d<span class=\"_ _2\"></span>ividend<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> Acc<span class=\"_ _2\"></span>ording to <span class=\"_ _2\"></span>the An<span class=\"_ _2\"></span>nual Ac<span class=\"_ _2\"></span>counts Act, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company is <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>restrict the <span class=\"_ _2\"></span>share in<span class=\"_ _2\"></span> profit <span class=\"_ _2\"></span>from a <span class=\"_ _2\"></span>subsidiary </span><span style=\"display:inherit;clear:left;\">and associate in ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess of dividen<span class=\"_ _2\"></span>ds received.  </span><span style=\"display:inherit;clear:left;\">Retained earnings </span><span style=\"display:inherit;clear:left;\">Retained <span class=\"_ _2\"></span>earnings consi<span class=\"_ _2\"></span>st of accumulated profit <span class=\"_ _2\"></span>or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s of the <span class=\"_ _2\"></span>Company not <span class=\"_ _2\"></span>distributed as <span class=\"_ _2\"></span>dividen<span class=\"_ _2\"></span>ds or con<span class=\"_ _2\"></span>tributed </span><span style=\"display:inherit;clear:left;\">to statutory <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>reserves<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Retained <span class=\"_ _2\"></span>earnings <span class=\"_ _2\"></span>can be <span class=\"_ _2\"></span>distr<span class=\"_ _2\"></span>ibut<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>shareholders as <span class=\"_ _2\"></span>divid<span class=\"_ _2\"></span>ends. However<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">solvency requirements limit the amounts the <span class=\"_ _2\"></span>Company can pay as divid<span class=\"_ _2\"></span>ends.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__88": {
   "value": "<span style=\"display:inherit;clear:left;\">30.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share capital and equity r<span class=\"_ _0\"></span>eserves</span></span></span><span style=\"display:inherit;clear:left;\">The share ca<span class=\"_ _0\"></span>pital is s<span class=\"_ _0\"></span>pecified as foll<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s:</span><span style=\"display:inherit;clear:left;position:relative;height:58.84375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6777px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to the Company's Articles of Association ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">916.08</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.906.700</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.1934px; width: 731.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares ..............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.742)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.2246px; width: 728.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to annual financia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l statements </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.905.74</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.895.958</span></span></span><span style=\"display:inherit;clear:left;\">One vote is attached to each <span class=\"_ _2\"></span>share of the nominal value of <span class=\"_ _2\"></span>one Icelan<span class=\"_ _2\"></span>dic Krona in the Company<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Statutory reserve </span><span style=\"display:inherit;clear:left;\">According to the <span class=\"_ _2\"></span>Limited Liabilit<span class=\"_ _2\"></span>y Companies Act, the Co<span class=\"_ _2\"></span>mpany is required to retain amounts cor<span class=\"_ _2\"></span>responding to 25% </span><span style=\"display:inherit;clear:left;\">of <span class=\"_\"> </span>the <span class=\"_\"> </span>nominal <span class=\"_\"> </span>value <span class=\"_\"> </span>of <span class=\"_\"> </span>share<span class=\"_ _0\"></span>s <span class=\"_\"> </span>in <span class=\"_\"> </span>a <span class=\"_\"> </span>s<span class=\"_ _0\"></span>tatutory <span class=\"_\"> </span>res<span class=\"_ _0\"></span>erve <span class=\"_\"> </span>t<span class=\"_ _2\"></span>hat <span class=\"_\"> </span>is<span class=\"_ _0\"></span> <span class=\"_\"> </span>prohibited <span class=\"_\"> </span>from <span class=\"_\"> </span>bei<span class=\"_ _0\"></span>ng <span class=\"_\"> </span>distributed <span class=\"_\"> </span>as <span class=\"_\"> </span>dividends <span class=\"_\"> </span>to </span><span style=\"display:inherit;clear:left;\">shareholders. <span class=\"_ _13\"></span>Amounts <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>ex<span class=\"_ _0\"></span>cess <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>25% <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>nomina<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shares <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Com<span class=\"_ _2\"></span>pany's <span class=\"_ _13\"></span>disposal. <span class=\"_ _2\"></span>St<span class=\"_ _2\"></span>atutory </span><span style=\"display:inherit;clear:left;\">reserve in the <span class=\"_ _0\"></span>amount of ISK <span class=\"_ _1\"></span>62<span class=\"_ _2\"></span>5 million is <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sented within res<span class=\"_ _0\"></span>tricted re<span class=\"_ _0\"></span>serves in the s<span class=\"_ _0\"></span>tatement of changes <span class=\"_ _0\"></span>in equity<span class=\"_ _3\"></span>, </span><span style=\"display:inherit;clear:left;\">and there were no changes in this reserve in <span class=\"_ _2\"></span>2024 and 2025.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Restricted reserve </span><span style=\"display:inherit;clear:left;\">According <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _14\"></span>Act, <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Company <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>recognize <span class=\"_ _14\"></span>unrealized <span class=\"_ _13\"></span>fair <span class=\"_ _13\"></span>value <span class=\"_ _14\"></span>income<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>financial </span><span style=\"display:inherit;clear:left;\">assets d<span class=\"_ _2\"></span>esignated <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>loss in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>estricted <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>among <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>quity <span class=\"_ _2\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>istributable </span><span style=\"display:inherit;clear:left;\">as d<span class=\"_ _2\"></span>ividend<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> Acc<span class=\"_ _2\"></span>ording to <span class=\"_ _2\"></span>the An<span class=\"_ _2\"></span>nual Ac<span class=\"_ _2\"></span>counts Act, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company is <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>restrict the <span class=\"_ _2\"></span>share in<span class=\"_ _2\"></span> profit <span class=\"_ _2\"></span>from a <span class=\"_ _2\"></span>subsidiary </span><span style=\"display:inherit;clear:left;\">and associate in ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess of dividen<span class=\"_ _2\"></span>ds received.  </span><span style=\"display:inherit;clear:left;\">Retained earnings </span><span style=\"display:inherit;clear:left;\">Retained <span class=\"_ _2\"></span>earnings consi<span class=\"_ _2\"></span>st of accumulated profit <span class=\"_ _2\"></span>or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s of the <span class=\"_ _2\"></span>Company not <span class=\"_ _2\"></span>distributed as <span class=\"_ _2\"></span>dividen<span class=\"_ _2\"></span>ds or con<span class=\"_ _2\"></span>tributed </span><span style=\"display:inherit;clear:left;\">to statutory <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>reserves<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Retained <span class=\"_ _2\"></span>earnings <span class=\"_ _2\"></span>can be <span class=\"_ _2\"></span>distr<span class=\"_ _2\"></span>ibut<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>shareholders as <span class=\"_ _2\"></span>divid<span class=\"_ _2\"></span>ends. However<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">solvency requirements limit the amounts the <span class=\"_ _2\"></span>Company can pay as divid<span class=\"_ _2\"></span>ends.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__87": {
   "value": "<span style=\"display:inherit;clear:left;\">30.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share capital and equity r<span class=\"_ _0\"></span>eserves</span></span></span><span style=\"display:inherit;clear:left;\">The share ca<span class=\"_ _0\"></span>pital is s<span class=\"_ _0\"></span>pecified as foll<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s:</span><span style=\"display:inherit;clear:left;position:relative;height:58.84375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6777px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to the Company's Articles of Association ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">916.08</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.906.700</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.1934px; width: 731.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares ..............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.742)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.2246px; width: 728.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to annual financia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l statements </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.905.74</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.895.958</span></span></span><span style=\"display:inherit;clear:left;\">One vote is attached to each <span class=\"_ _2\"></span>share of the nominal value of <span class=\"_ _2\"></span>one Icelan<span class=\"_ _2\"></span>dic Krona in the Company<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Statutory reserve </span><span style=\"display:inherit;clear:left;\">According to the <span class=\"_ _2\"></span>Limited Liabilit<span class=\"_ _2\"></span>y Companies Act, the Co<span class=\"_ _2\"></span>mpany is required to retain amounts cor<span class=\"_ _2\"></span>responding to 25% </span><span style=\"display:inherit;clear:left;\">of <span class=\"_\"> </span>the <span class=\"_\"> </span>nominal <span class=\"_\"> </span>value <span class=\"_\"> </span>of <span class=\"_\"> </span>share<span class=\"_ _0\"></span>s <span class=\"_\"> </span>in <span class=\"_\"> </span>a <span class=\"_\"> </span>s<span class=\"_ _0\"></span>tatutory <span class=\"_\"> </span>res<span class=\"_ _0\"></span>erve <span class=\"_\"> </span>t<span class=\"_ _2\"></span>hat <span class=\"_\"> </span>is<span class=\"_ _0\"></span> <span class=\"_\"> </span>prohibited <span class=\"_\"> </span>from <span class=\"_\"> </span>bei<span class=\"_ _0\"></span>ng <span class=\"_\"> </span>distributed <span class=\"_\"> </span>as <span class=\"_\"> </span>dividends <span class=\"_\"> </span>to </span><span style=\"display:inherit;clear:left;\">shareholders. <span class=\"_ _13\"></span>Amounts <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>ex<span class=\"_ _0\"></span>cess <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>25% <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>nomina<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shares <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Com<span class=\"_ _2\"></span>pany's <span class=\"_ _13\"></span>disposal. <span class=\"_ _2\"></span>St<span class=\"_ _2\"></span>atutory </span><span style=\"display:inherit;clear:left;\">reserve in the <span class=\"_ _0\"></span>amount of ISK <span class=\"_ _1\"></span>62<span class=\"_ _2\"></span>5 million is <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sented within res<span class=\"_ _0\"></span>tricted re<span class=\"_ _0\"></span>serves in the s<span class=\"_ _0\"></span>tatement of changes <span class=\"_ _0\"></span>in equity<span class=\"_ _3\"></span>, </span><span style=\"display:inherit;clear:left;\">and there were no changes in this reserve in <span class=\"_ _2\"></span>2024 and 2025.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Restricted reserve </span><span style=\"display:inherit;clear:left;\">According <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _14\"></span>Act, <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Company <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>recognize <span class=\"_ _14\"></span>unrealized <span class=\"_ _13\"></span>fair <span class=\"_ _13\"></span>value <span class=\"_ _14\"></span>income<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>financial </span><span style=\"display:inherit;clear:left;\">assets d<span class=\"_ _2\"></span>esignated <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>loss in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>estricted <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>among <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>quity <span class=\"_ _2\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>istributable </span><span style=\"display:inherit;clear:left;\">as d<span class=\"_ _2\"></span>ividend<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> Acc<span class=\"_ _2\"></span>ording to <span class=\"_ _2\"></span>the An<span class=\"_ _2\"></span>nual Ac<span class=\"_ _2\"></span>counts Act, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company is <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>restrict the <span class=\"_ _2\"></span>share in<span class=\"_ _2\"></span> profit <span class=\"_ _2\"></span>from a <span class=\"_ _2\"></span>subsidiary </span><span style=\"display:inherit;clear:left;\">and associate in ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess of dividen<span class=\"_ _2\"></span>ds received.  </span><span style=\"display:inherit;clear:left;\">Retained earnings </span><span style=\"display:inherit;clear:left;\">Retained <span class=\"_ _2\"></span>earnings consi<span class=\"_ _2\"></span>st of accumulated profit <span class=\"_ _2\"></span>or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s of the <span class=\"_ _2\"></span>Company not <span class=\"_ _2\"></span>distributed as <span class=\"_ _2\"></span>dividen<span class=\"_ _2\"></span>ds or con<span class=\"_ _2\"></span>tributed </span><span style=\"display:inherit;clear:left;\">to statutory <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>reserves<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Retained <span class=\"_ _2\"></span>earnings <span class=\"_ _2\"></span>can be <span class=\"_ _2\"></span>distr<span class=\"_ _2\"></span>ibut<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>shareholders as <span class=\"_ _2\"></span>divid<span class=\"_ _2\"></span>ends. However<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">solvency requirements limit the amounts the <span class=\"_ _2\"></span>Company can pay as divid<span class=\"_ _2\"></span>ends.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__86": {
   "value": "<span style=\"display:inherit;clear:left;\">30.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Share capital and equity r<span class=\"_ _0\"></span>eserves</span></span></span><span style=\"display:inherit;clear:left;\">The share ca<span class=\"_ _0\"></span>pital is s<span class=\"_ _0\"></span>pecified as foll<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s:</span><span style=\"display:inherit;clear:left;position:relative;height:58.84375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 574.141px; top: 0.0058593px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.6777px; width: 729.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to the Company's Articles of Association ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">916.08</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.906.700</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 31.1934px; width: 731.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares ..............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.742)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 47.2246px; width: 728.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share capital according to annual financia</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">l statements </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.905.74</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.895.958</span></span></span><span style=\"display:inherit;clear:left;\">One vote is attached to each <span class=\"_ _2\"></span>share of the nominal value of <span class=\"_ _2\"></span>one Icelan<span class=\"_ _2\"></span>dic Krona in the Company<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Statutory reserve </span><span style=\"display:inherit;clear:left;\">According to the <span class=\"_ _2\"></span>Limited Liabilit<span class=\"_ _2\"></span>y Companies Act, the Co<span class=\"_ _2\"></span>mpany is required to retain amounts cor<span class=\"_ _2\"></span>responding to 25% </span><span style=\"display:inherit;clear:left;\">of <span class=\"_\"> </span>the <span class=\"_\"> </span>nominal <span class=\"_\"> </span>value <span class=\"_\"> </span>of <span class=\"_\"> </span>share<span class=\"_ _0\"></span>s <span class=\"_\"> </span>in <span class=\"_\"> </span>a <span class=\"_\"> </span>s<span class=\"_ _0\"></span>tatutory <span class=\"_\"> </span>res<span class=\"_ _0\"></span>erve <span class=\"_\"> </span>t<span class=\"_ _2\"></span>hat <span class=\"_\"> </span>is<span class=\"_ _0\"></span> <span class=\"_\"> </span>prohibited <span class=\"_\"> </span>from <span class=\"_\"> </span>bei<span class=\"_ _0\"></span>ng <span class=\"_\"> </span>distributed <span class=\"_\"> </span>as <span class=\"_\"> </span>dividends <span class=\"_\"> </span>to </span><span style=\"display:inherit;clear:left;\">shareholders. <span class=\"_ _13\"></span>Amounts <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>ex<span class=\"_ _0\"></span>cess <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>25% <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>nomina<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>shares <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Com<span class=\"_ _2\"></span>pany's <span class=\"_ _13\"></span>disposal. <span class=\"_ _2\"></span>St<span class=\"_ _2\"></span>atutory </span><span style=\"display:inherit;clear:left;\">reserve in the <span class=\"_ _0\"></span>amount of ISK <span class=\"_ _1\"></span>62<span class=\"_ _2\"></span>5 million is <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sented within res<span class=\"_ _0\"></span>tricted re<span class=\"_ _0\"></span>serves in the s<span class=\"_ _0\"></span>tatement of changes <span class=\"_ _0\"></span>in equity<span class=\"_ _3\"></span>, </span><span style=\"display:inherit;clear:left;\">and there were no changes in this reserve in <span class=\"_ _2\"></span>2024 and 2025.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Restricted reserve </span><span style=\"display:inherit;clear:left;\">According <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>Financial <span class=\"_ _13\"></span>Statements <span class=\"_ _14\"></span>Act, <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Company <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>recognize <span class=\"_ _14\"></span>unrealized <span class=\"_ _13\"></span>fair <span class=\"_ _13\"></span>value <span class=\"_ _14\"></span>income<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>financial </span><span style=\"display:inherit;clear:left;\">assets d<span class=\"_ _2\"></span>esignated <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>loss in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>estricted <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>among <span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>quity <span class=\"_ _2\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>istributable </span><span style=\"display:inherit;clear:left;\">as d<span class=\"_ _2\"></span>ividend<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span> Acc<span class=\"_ _2\"></span>ording to <span class=\"_ _2\"></span>the An<span class=\"_ _2\"></span>nual Ac<span class=\"_ _2\"></span>counts Act, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company is <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>restrict the <span class=\"_ _2\"></span>share in<span class=\"_ _2\"></span> profit <span class=\"_ _2\"></span>from a <span class=\"_ _2\"></span>subsidiary </span><span style=\"display:inherit;clear:left;\">and associate in ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>ess of dividen<span class=\"_ _2\"></span>ds received.  </span><span style=\"display:inherit;clear:left;\">Retained earnings </span><span style=\"display:inherit;clear:left;\">Retained <span class=\"_ _2\"></span>earnings consi<span class=\"_ _2\"></span>st of accumulated profit <span class=\"_ _2\"></span>or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s of the <span class=\"_ _2\"></span>Company not <span class=\"_ _2\"></span>distributed as <span class=\"_ _2\"></span>dividen<span class=\"_ _2\"></span>ds or con<span class=\"_ _2\"></span>tributed </span><span style=\"display:inherit;clear:left;\">to statutory <span class=\"_ _2\"></span>reserve <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>reserves<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Retained <span class=\"_ _2\"></span>earnings <span class=\"_ _2\"></span>can be <span class=\"_ _2\"></span>distr<span class=\"_ _2\"></span>ibut<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>shareholders as <span class=\"_ _2\"></span>divid<span class=\"_ _2\"></span>ends. However<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">solvency requirements limit the amounts the <span class=\"_ _2\"></span>Company can pay as divid<span class=\"_ _2\"></span>ends.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__90": {
   "value": "<span style=\"display:inherit;clear:left;\">31.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">S<span class=\"_ _2\"></span>olvency of a financial conglomer<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>Super<span class=\"_ _2\"></span>visor<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>Authority <span class=\"_ _13\"></span>has sp<span class=\"_ _2\"></span>ecified <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Gr<span class=\"_ _0\"></span>oup <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _2\"></span>cong<span class=\"_ _2\"></span>lomer<span class=\"_ _0\"></span>ate a<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>defined <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>Article <span class=\"_ _2\"></span>3 </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _14\"></span>Act <span class=\"_ _14\"></span>n<span class=\"_ _2\"></span>o<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>61/2017 <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>S<span class=\"_ _2\"></span>upplem<span class=\"_ _2\"></span>entary <span class=\"_ _14\"></span>S<span class=\"_ _2\"></span>upervi<span class=\"_ _2\"></span>sion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>Financial <span class=\"_ _14\"></span>Conglome<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es. <span class=\"_ _14\"></span>The <span class=\"_ _18\"></span>capital <span class=\"_ _14\"></span>requirement <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>own </span><span style=\"display:inherit;clear:left;\">funds <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>cal<span class=\"_ _2\"></span>culate<span class=\"_ _0\"></span>d <span class=\"_ _2\"></span>ac<span class=\"_ _2\"></span>cording <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _13\"></span>method <span class=\"_ _13\"></span>1 <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>no <span class=\"_ _13\"></span>61/2017. <span class=\"_ _13\"></span>As <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>prim<span class=\"_ _2\"></span>ary <span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>tity <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>gro<span class=\"_ _0\"></span>up <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>company<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>method <span class=\"_ _2\"></span>1 <span class=\"_ _2\"></span>require<span class=\"_ _0\"></span>s t<span class=\"_ _2\"></span>hat all <span class=\"_ _2\"></span>assets and <span class=\"_ _2\"></span>liabilities <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>Skagi, that <span class=\"_ _2\"></span>do <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>belong <span class=\"_ _2\"></span>to a <span class=\"_ _2\"></span>subsidiary<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>are </span><span style=\"display:inherit;clear:left;\">included <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>so<span class=\"_ _0\"></span>lvency <span class=\"_ _15\"> </span>calcu<span class=\"_ _0\"></span>lations <span class=\"_ _15\"> </span>of <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _15\"> </span>activa<span class=\"_ _0\"></span>tes <span class=\"_ _15\"> </span>in <span class=\"_ _1c\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_ _15\"> </span>computa<span class=\"_ _0\"></span>tion <span class=\"_ _15\"> </span>of <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>so<span class=\"_ _0\"></span>lvency <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>the </span><span style=\"display:inherit;clear:left;\">congl<span class=\"_ _2\"></span>omer<span class=\"_ _0\"></span>ate<span class=\"_ _1\"></span>. The numbers in <span class=\"_ _0\"></span>the cu<span class=\"_ _0\"></span>rrent period in <span class=\"_ _0\"></span>this note <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>therefore <span class=\"_ _0\"></span>not ful<span class=\"_ _0\"></span>ly compar<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le to <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>numbers from </span><span style=\"display:inherit;clear:left;\">the previous perio<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _17\"> </span>Group <span class=\"_ _17\"> </span>calculates <span class=\"_\"> </span>the<span class=\"_ _2\"></span> <span class=\"_ _17\"> </span>minimum <span class=\"_ _17\"> </span>capital <span class=\"_ _1c\"> </span>requirements <span class=\"_ _17\"> </span>for <span class=\"_ _17\"> </span>companies <span class=\"_\"> </span>t<span class=\"_ _2\"></span>hat <span class=\"_\"> </span>d<span class=\"_ _2\"></span>o <span class=\"_ _17\"> </span>not <span class=\"_ _17\"> </span>fall <span class=\"_\"> </span>under<span class=\"_ _2\"></span> <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">opera<span class=\"_ _0\"></span>tions using appl<span class=\"_ _2\"></span>icable regulations while using the <span class=\"_ _2\"></span>Solven<span class=\"_ _2\"></span>cy II fr<span class=\"_ _0\"></span>amework to calculate own funds and minim<span class=\"_ _2\"></span>um </span><span style=\"display:inherit;clear:left;\">own funds requirements for insurance activities.  </span><span style=\"display:inherit;clear:left;\">Sol<span class=\"_ _2\"></span>vency <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>a <span class=\"_ _0\"></span>measure <span class=\"_ _1\"></span>of the <span class=\"_ _0\"></span>Grou<span class=\"_ _0\"></span>p'<span class=\"_ _0\"></span>s <span class=\"_ _1\"></span>abil<span class=\"_ _2\"></span>ity <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>absorb shocks<span class=\"_ _0\"></span>, <span class=\"_ _1\"></span>or in <span class=\"_ _1\"></span>other<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>words, <span class=\"_ _0\"></span>an <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>dica<span class=\"_ _0\"></span>tion of <span class=\"_ _1\"></span>its <span class=\"_ _0\"></span>financial <span class=\"_ _0\"></span>strength. </span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>available capital and capital r<span class=\"_ _1\"></span>eq<span class=\"_ _2\"></span>uirements ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>lculated on basis <span class=\"_ _0\"></span>that the Gr<span class=\"_ _0\"></span>oup has no<span class=\"_ _0\"></span>w been defined </span><span style=\"display:inherit;clear:left;\">as <span class=\"_ _16\"> </span>a <span class=\"_ _16\"> </span>financial <span class=\"_ _16\"> </span>conglom<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _1\"></span>, <span class=\"_\"> </span>according <span class=\"_ _16\"> </span>to <span class=\"_ _16\"> </span>Articles <span class=\"_ _18\"> </span>1<span class=\"_ _2\"></span>6, <span class=\"_\"> </span>17 <span class=\"_ _18\"> </span>and<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>1<span class=\"_ _2\"></span>8 <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>Re<span class=\"_ _2\"></span>gulation <span class=\"_ _16\"> </span>No. <span class=\"_ _18\"> </span>61/20<span class=\"_ _2\"></span>17 <span class=\"_ _16\"> </span>on <span class=\"_ _16\"> </span>Supplementar<span class=\"_ _2\"></span>y </span><span style=\"display:inherit;clear:left;\">Superv<span class=\"_ _2\"></span>ision <span class=\"_ _2\"></span>of Financial <span class=\"_ _2\"></span>Congl<span class=\"_ _2\"></span>omer<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>solvency ratio is <span class=\"_ _2\"></span>1.31 co<span class=\"_ _2\"></span>mpared <span class=\"_ _2\"></span>to the <span class=\"_ _2\"></span>minim<span class=\"_ _2\"></span>um requirement </span><span style=\"display:inherit;clear:left;\">in <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>Regulation, <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _18\"></span>is <span class=\"_ _18\"> </span>1.0 <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>internal <span class=\"_ _16\"> </span>limit <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _18\"> </span>1.175. <span class=\"_ _18\"> </span>Group <span class=\"_ _18\"> </span>solvency <span class=\"_ _18\"> </span>r<span class=\"_ _0\"></span>atio <span class=\"_ _18\"></span>is <span class=\"_ _18\"> </span>after <span class=\"_ _18\"> </span>assumed <span class=\"_ _18\"> </span>divi<span class=\"_ _2\"></span>dend <span class=\"_ _18\"> </span>as <span class=\"_ _18\"> </span>of </span><span style=\"display:inherit;clear:left;\">reporting <span class=\"_ _2\"></span>date in <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance w<span class=\"_ _2\"></span>ith <span class=\"_ _2\"></span>tar<span class=\"_ _0\"></span>get <span class=\"_ _2\"></span>dividen<span class=\"_ _2\"></span>d payout <span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>atio of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>40% o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>profits. Group <span class=\"_ _2\"></span>solvency <span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>atio is <span class=\"_ _2\"></span>also <span class=\"_ _2\"></span>shown<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">before assu<span class=\"_ _0\"></span>med div<span class=\"_ _2\"></span>idend. </span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s solvency r<span class=\"_ _0\"></span>atio as a financial co<span class=\"_ _2\"></span>nglomera<span class=\"_ _0\"></span>te is sp<span class=\"_ _2\"></span>ecified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:321.078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 718.775px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 519.188px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 16.1465px; width: 728.314px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own funds for insurance activities ..................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">105.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.671.822</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 29.6465px; width: 728.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own funds for other ac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tiv</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ities ..........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.288.46</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.791.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 43.334px; width: 728.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total own funds (before assum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed dividend</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> or share repurchase</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">) ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">393.99</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.462.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.4688px; width: 168.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Mi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nimum own fun</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d requirements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 104.193px; width: 728.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own funds requirements f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or insurance activities ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.36</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.567.776</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 117.693px; width: 729.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own fund requirements </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">for other activities ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.93</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.881</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.335.626</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.031px; top: 131.381px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.264.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.903.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.173px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total minimum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> own fund requirements ................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 575.328px; top: 168.412px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 186.771px; width: 728.443px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> according to the statement of f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inancial positio</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">n ...................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.984.235</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.270.753</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 200.443px; width: 731.484px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intangible assets .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9434px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.558.785)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.734.006)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 213.928px; width: 728.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 227.615px; width: 728.707px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assumed </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">divid</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">end plan ...................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">60.000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 241.287px; width: 728.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share repurchase program .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.6855px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 254.943px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.200</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 268.443px; width: 728.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Calculated own funds ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.633.991</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.462.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 282.115px; width: 728.742px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Minimum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> own fund requi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents ....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.264.246</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.903.402</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 295.787px; width: 711.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Solvency</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ratio (after assumed dividend or share repurchase) .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.123px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,31</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -24.1941px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">  </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,35</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -26.6291px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">   </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 309.459px; width: 711.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Solvency</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ratio (before assumed </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ividend or share repurchase) .....................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.123px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">,36</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -24.1941px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">  </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,35</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -26.6291px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">   </span></span></span>",
   "dimensions": {
    "concept": "SKA:DisclosureOfSolvency",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__91": {
   "value": "<span style=\"display:inherit;clear:left;\">32.<span class=\"ff12 ws95\"> </span>Solvency of insur<span class=\"_ _0\"></span>ance activities</span><span style=\"display:inherit;clear:left;\">The<span class=\"ls1f ws88\"> </span>standard<span class=\"ls1e ws87\"> </span>rule<span class=\"_ _2\"></span><span class=\"ls1f ws88\"> </span>according <span class=\"_ _14\"></span>to<span class=\"ls1f ws88\"> </span>Act <span class=\"_ _18\"></span>No<span class=\"_ _0\"></span>.<span class=\"ls25 ws8e\"> </span>100/2016 <span class=\"_ _14\"></span>i<span class=\"_ _2\"></span>s<span class=\"ls1f ws88\"> </span>appl<span class=\"_ _2\"></span>ied<span class=\"ls1e ws87\"> </span>to<span class=\"ls1e ws87\"> </span>calculate<span class=\"ls1f ws88\"> </span>the<span class=\"ls1f ws88\"> </span>mini<span class=\"_ _2\"></span>mum<span class=\"ls1e ws87\"> </span>solvency <span class=\"_ _18\"></span>requirements<span class=\"ls1f ws88\"> </span>of </span><span style=\"display:inherit;clear:left;\">insurance <span class=\"_ _13\"></span>activities. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>following <span class=\"_ _13\"></span>tables <span class=\"_ _13\"></span>specify <span class=\"_ _13\"></span>how <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>solvency <span class=\"_ _14\"></span>requirement <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>divided <span class=\"_ _13\"></span>into <span class=\"_ _13\"></span>subcomponents <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">risk. <span class=\"_ _14\"></span>Diversification <span class=\"_ _18\"> </span>e<span class=\"ff32\">ff</span>ects <span class=\"_ _18\"></span>are <span class=\"_ _14\"></span>included <span class=\"_ _18\"> </span>since <span class=\"_ _14\"></span>it <span class=\"_ _18\"> </span>is <span class=\"_ _18\"></span>not <span class=\"_ _14\"></span>assumed <span class=\"_ _18\"> </span>that <span class=\"_ _14\"></span>all <span class=\"_ _18\"> </span>risks <span class=\"_ _18\"></span>will <span class=\"_ _14\"></span>be <span class=\"_ _18\"></span>realized <span class=\"_ _14\"></span>simultaneously<span class=\"_ _1\"></span>. <span class=\"_ _18\"></span>An </span><span style=\"display:inherit;clear:left;\">adjustment for <span class=\"_ _0\"></span>the loss-absorbing capacity <span class=\"_ _0\"></span>of deferred <span class=\"_ _0\"></span>taxes <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>deduc<span class=\"_ _2\"></span>ted <span class=\"_ _0\"></span>upon realization of <span class=\"_ _0\"></span>risks. <span class=\"_ _0\"></span>The solvency r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio </span><span style=\"display:inherit;clear:left;\">of the in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce activit<span class=\"_ _2\"></span>ies is 1.44 compare<span class=\"_ _0\"></span>d to internal <span class=\"_ _2\"></span>limit of 1.35. So<span class=\"_ _2\"></span>lvency r<span class=\"_ _0\"></span>atio of the <span class=\"_ _2\"></span>insur<span class=\"_ _0\"></span>ance activities is af<span class=\"_ _2\"></span>ter </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>med dividend <span class=\"_ _0\"></span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>share <span class=\"_ _0\"></span>repurchase <span class=\"_ _1\"></span>to <span class=\"_ _0\"></span>Skagi <span class=\"_ _1\"></span>p<span class=\"_ _2\"></span>arent <span class=\"_ _1\"></span>co<span class=\"_ _2\"></span>mpan<span class=\"ls10\">y</span>. <span class=\"_ _1\"></span>S<span class=\"_ _2\"></span>olvency <span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>activities <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>also </span><span style=\"display:inherit;clear:left;\">shown before assumed dividend<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The insurance activit<span class=\"_ _2\"></span>ies solvency r<span class=\"_ _0\"></span>atio is specified <span class=\"_ _2\"></span>as follows<span class=\"_ _0\"></span>: </span><span style=\"display:inherit;clear:left;position:relative;height:379.078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 718.717px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Solvency capital requirements</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 420.709px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 17.5527px; width: 729.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Base Solvency</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> capital requirement (BSCR) ........................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.714.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.961.935</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.2246px; width: 728.719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operational risk ......................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.127.280</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.035.841</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 44.8809px; width: 731.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> due to deferred taxes ...................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.526.170)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.430.000)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 62.5059px; width: 729.229px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">inimum solvency ..................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.316.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.567.776</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 104.818px; width: 718.717px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Base Solvency capital requirement (BSCR)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 357.932px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 122.568px; width: 729.088px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.246.964</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.423.089</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 136.053px; width: 728.578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Counterparty r</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">isk </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.902.212</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.914.552</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 149.725px; width: 727.863px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life underwriting risk .......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">184.21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">251.393</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 163.381px; width: 728.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Health underwriting </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">risk .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.951.091</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.056.803</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 177.037px; width: 728.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-life underwriting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.727.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.516.322</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 190.537px; width: 731.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Diversification effects and other fac</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tors ..........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.296.792)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.200.222)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 208.146px; width: 728.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total BSCR .....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.714.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.961.935</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.516px; width: 56.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market risk</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 268.209px; width: 728.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate risk ......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">700.832</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">577.915</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 281.881px; width: 728.666px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> risk ......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.077.662</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.315.682</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 295.537px; width: 728.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property risk ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">175.456</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 309.021px; width: 728.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Spread risk ...........................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.037.481</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">633.718</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 322.693px; width: 728.818px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign currency risk .......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">396.282</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">507.974</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 336.365px; width: 728.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Concentration risk ....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">599.090</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">712.935</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 350.021px; width: 731.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Diversification effec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts ......................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.832.994)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.500.591)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 367.459px; width: 727.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">arket risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.246.964</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.423.089</span></span></span><span style=\"display:inherit;clear:left;\">Solvency</span><span style=\"display:inherit;clear:left;position:relative;height:66.203125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0058593px; width: 728.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Minimum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> own fund requi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents ....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">316.09</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.567.776</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.6934px; width: 728.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Calculated own</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> funds (befor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e assumed dividend or share repurchase) .........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">794.43</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.671.822</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.209px; width: 732.41px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Solvency</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ratio (before assumed </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ividend or share repurchase) ..........................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.2949px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,52 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,38 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.8965px; width: 729.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Calculated own</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> funds (afte</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r assumed dividend or share repurchase) ............................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">594.430</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.671.822</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.584px; width: 729.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Solvency</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ratio (after assume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d divi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">dend or share repurchase) ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,44 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,38</span></span></span>",
   "dimensions": {
    "concept": "SKA:DisclosureOfSolvencyCapitalRequirements",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__92-1": {
   "value": "<span style=\"display:inherit;clear:left;\">33.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Fossar <span class=\"_ _0\"></span>Capital adequ<span class=\"_ _0\"></span>acy r<span class=\"_ _0\"></span>atio</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>capital <span class=\"_ _2\"></span>ad<span class=\"_ _2\"></span>equacy ratio o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>F<span class=\"_ _0\"></span>ossar is <span class=\"_ _2\"></span>calc<span class=\"_ _2\"></span>ulated <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordance <span class=\"_ _13\"></span>with Ac<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>No<span class=\"_ _0\"></span>. 161/2002 <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>Und<span class=\"_ _2\"></span>ertakings<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>capit<span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>requirement <span class=\"_ _13\"></span>due <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>redit, <span class=\"_ _2\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et, <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>operational <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>calc<span class=\"_ _2\"></span>ulated <span class=\"_ _2\"></span>usin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>stand<span class=\"_ _2\"></span>ard <span class=\"_ _2\"></span>method <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">bank'<span class=\"_ _0\"></span>s capital adeq<span class=\"_ _2\"></span>uacy r<span class=\"_ _0\"></span>atio is 24.0%. </span><span style=\"display:inherit;clear:left;position:relative;height:178.71875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 0.0019531px; width: 147.234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.002px; width: 745.172px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fossar total equity a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t period end .....................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.182.493</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.683.967</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.877px; width: 747.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deduction items ..........................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(236.870)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.0196px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(408.387)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 48.252px; width: 744.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Own funds .......................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.945.623</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.275.580</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.0176px; width: 124.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Risk weighted exposures:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 89.8457px; width: 744.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit risk ..........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">880.546</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.985.493</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.893px; width: 745.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market risk </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.478.240</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.128.398</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.096px; width: 744.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operational risk ............................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.918.189</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.518.318</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.486px; width: 745.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total risk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> exposure amount .............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6816px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.276.974</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.632.209</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 166.721px; width: 748.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Capital adequacy</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ratio for Fossar .....</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5721px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.383px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.9117px; font-family: ff12; -webkit-text-stroke: 0.163676px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3,6%</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>minimum <span class=\"_ _13\"></span>required <span class=\"_ _2\"></span>capital <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>atio <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>und<span class=\"_ _2\"></span>ertakin<span class=\"_ _2\"></span>g<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>8% <span class=\"_ _13\"></span>acco<span class=\"_ _2\"></span>rding <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>Article <span class=\"_ _2\"></span>84 <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Act <span class=\"_ _2\"></span>No. 161/2002 <span class=\"_ _13\"></span>on </span><span style=\"display:inherit;clear:left;\">Financial U<span class=\"_ _2\"></span>ndertakin<span class=\"_ _2\"></span>gs<span class=\"_ _0\"></span>. Th<span class=\"_ _2\"></span>e bank <span class=\"_ _2\"></span>shall <span class=\"_ _2\"></span>as of <span class=\"_ _2\"></span>31 Dec<span class=\"_ _2\"></span>ember<span class=\"_ _2\"></span> 2024 <span class=\"_ _2\"></span>maintain <span class=\"_ _2\"></span>an add<span class=\"_ _2\"></span>itional <span class=\"_ _2\"></span>capital <span class=\"_ _2\"></span>requireme<span class=\"_ _2\"></span>nt of <span class=\"_ _2\"></span>9.1% </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>risk <span class=\"_ _18\"> </span>exposure <span class=\"_ _18\"> </span>amount. <span class=\"_ _18\"> </span>In <span class=\"_ _18\"></span>addition <span class=\"_ _18\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>minimum <span class=\"_ _18\"> </span>required <span class=\"_ _18\"> </span>capital <span class=\"_ _18\"> </span>base, <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>Bank <span class=\"_ _14\"></span>must <span class=\"_ _18\"> </span>maintain <span class=\"_ _18\"> </span>certain </span><span style=\"display:inherit;clear:left;\">capital <span class=\"_ _14\"></span>bu<span class=\"ff33\">ff</span>ers, <span class=\"_ _14\"></span>specified <span class=\"_ _14\"></span>by <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Financial <span class=\"_ _14\"></span>Supervisory <span class=\"_ _14\"></span>Authority <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Central <span class=\"_ _14\"></span>Bank <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>Iceland <span class=\"_ _14\"></span>from <span class=\"_ _14\"></span>time <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>time, </span><span style=\"display:inherit;clear:left;\">which <span class=\"_ _18\"> </span>today <span class=\"_\"> </span>consist <span class=\"_ _18\"></span>of <span class=\"_ _18\"> </span>a <span class=\"_ _16\"> </span>countercyclical <span class=\"_ _18\"> </span>capital <span class=\"_\"> </span>bu<span class=\"ff34\">ff</span>er <span class=\"_ _18\"></span>and <span class=\"_ _18\"> </span>a <span class=\"_ _16\"> </span>capital <span class=\"_ _18\"> </span>conservation <span class=\"_ _16\"> </span>bu<span class=\"ff35\">ff</span>er<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>which <span class=\"_ _16\"> </span>total <span class=\"_ _18\"> </span>5.0%. <span class=\"_ _16\"> </span>The </span><span style=\"display:inherit;clear:left;\">banks overall capital requirement, taking into account capital bu<span class=\"_ _2\"></span><span class=\"ff36\">ff</span>ers, is 22.1%.</span><span style=\"display:inherit;clear:left;\">36.<span class=\"_ _98\"> </span></span><span style=\"display:inherit;clear:left;\">Combined r<span class=\"_ _1\"></span>atio</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>ombined <span class=\"_ _14\"></span>r<span class=\"_ _0\"></span>atio <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>sum <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>incurred <span class=\"_ _14\"></span>claims, <span class=\"_ _13\"></span>insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>ting <span class=\"_ _13\"></span>expenses <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>net <span class=\"_ _13\"></span>expenses <span class=\"_ _13\"></span>from </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance contracts as a <span class=\"_ _0\"></span>proportio<span class=\"_ _2\"></span>n of <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance revenue<span class=\"_ _1\"></span>. The<span class=\"_ _2\"></span> claims r<span class=\"_ _0\"></span>atio<span class=\"_ _0\"></span>, insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>expense r<span class=\"_ _0\"></span>atio and </span><span style=\"display:inherit;clear:left;\">net reinsurance r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio are calculated as a proportio<span class=\"_ _2\"></span>n of the insur<span class=\"_ _0\"></span>ance revenue. </span><span style=\"display:inherit;clear:left;\">The following table sho<span class=\"_ _0\"></span>ws the combined ra<span class=\"_ _0\"></span>tio and other key r<span class=\"_ _1\"></span>atios of the insur<span class=\"_ _0\"></span>ance operations <span class=\"_ _0\"></span>for the past five <span class=\"_ _0\"></span>years. </span><span style=\"display:inherit;clear:left;position:relative;height:93.16796875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 313.016px; top: 0.0019531px; width: 396.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2284px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.9142px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.2733px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 19.8301px; width: 276.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims rat</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">io .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.359px; top: 19.4551px; width: 400.734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">69,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.496px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">73,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 34.7832px; width: 274.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net reinsurance ratio ..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 337.812px; top: 34.4238px; width: 394.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6779px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,7%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0,8%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 49.9238px; width: 276.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims and net reinsurance ratio ................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.359px; top: 49.377px; width: 400.734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">72,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.496px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">73,2%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72,5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.8926px; width: 277.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance contracts expe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nse ratio ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.359px; top: 64.5332px; width: 400.734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.496px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22,3%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21,8%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 11.7473px; font-family: ff12; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 81.5449px; width: 275.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Combined ratio</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 331.359px; top: 81.0762px; width: 33.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">90,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.906px; top: 81.0762px; width: 33.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">94,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 534.188px; top: 81.0762px; width: 33.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">99,5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 618.5px; top: 81.0762px; width: 33.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">95,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.781px; top: 81.0762px; width: 33.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7473px; font-family: ff13; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">95,5%</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAdditionalInformationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__98": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__97": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__96": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__95": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReclassificationOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__94": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__93": {
   "value": "<span style=\"display:inherit;clear:left;\">34.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Financial instr<span class=\"_ _0\"></span>uments</span></span></span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s financial instrum<span class=\"_ _2\"></span>ents pertain to the <span class=\"_ _2\"></span>fol<span class=\"_ _0\"></span>lowing cate<span class=\"_ _0\"></span>gories: </span><span style=\"display:inherit;clear:left;position:relative;height:793.921875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.79688px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6171px; font-family: ff13; -webkit-text-stroke: 0.159256px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 0.0058593px; width: 129.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.8594px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 16.7246px; width: 216.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 36.6094px; width: 149.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 33.6152px; width: 306.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.369px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 66.5371px; width: 381.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 66.334px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.750.025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 79.1152px; width: 383.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 79.0371px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 79.0371px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 605.797px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 699.047px; top: 79.0371px; width: 32.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">80.096</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 92.7715px; width: 383.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ..............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 92.709px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 92.709px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 92.709px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.099.367</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 106.443px; width: 381.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 106.396px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 106.396px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 106.396px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.798.944</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 120.1px; width: 383.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 120.068px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 631.906px; top: 120.068px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 120.068px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.218.148</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 133.584px; width: 381.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments ...........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 133.568px; width: 5.93555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 541.734px; top: 133.568px; width: 8.88867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 590.406px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 683.469px; top: 133.568px; width: 47.4258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.271.807</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 148.146px; width: 382.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 148.146px; width: 312.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">312.164</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.164</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 161.803px; width: 381.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 161.803px; width: 321.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.628.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.602</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.771.107</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 175.459px; width: 381.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 175.459px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">516.799</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.799</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 189.131px; width: 383.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 189.131px; width: 321.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.109.524</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 202.6px; width: 382.881px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 202.6px; width: 280.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 216.271px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 216.271px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 229.928px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 229.928px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">52.746.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.142.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">037.80</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">75.926.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 264.188px; width: 165.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 277.209px; width: 381.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 277.209px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.972.015</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 290.865px; width: 383.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 290.865px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.610.879</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 304.521px; width: 381.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 304.521px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.370.884</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 318.006px; width: 382.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 318.006px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.511.886</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 331.662px; width: 382.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 331.662px; width: 280.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.907.720</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 345.318px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 345.318px; width: 312.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.2051px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.981</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 358.99px; width: 381.346px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 358.99px; width: 280.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.575</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 372.459px; width: 380.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 372.459px; width: 312.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">254.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.392.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.647.941</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.568px; width: 57.491px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024*</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 432.287px; width: 129.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.3773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fai</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 446.006px; width: 216.269px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">through</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.4827px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Amortised</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 464.162px; width: 149.108px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.734px; top: 460.975px; width: 306.422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">profit or loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5021px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">OCI</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.0371px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">cos</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.1617px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 481.006px; width: 381.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 481.006px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.212.801</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 494.537px; width: 383.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash in escrow accounts and term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 494.537px; width: 280.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.7948px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109.159</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 508.24px; width: 383.493px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other rec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eiva</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">bles (without prepay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments) ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 508.24px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.726.366</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 521.959px; width: 381.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments and equity </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">funds ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 521.959px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.108.703</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.108.703</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 535.662px; width: 383.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrum</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents and other securities .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 535.662px; width: 327.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.411.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.411.137</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 549.381px; width: 381.708px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secured debt instruments </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 549.381px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.407.045</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 563.1px; width: 382.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Currency forwards ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 563.1px; width: 312.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">499.120</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9238px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.120</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 576.631px; width: 381.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bonds ......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 576.631px; width: 321.581px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.496.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.995.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 590.334px; width: 381.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities and other securities ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 590.334px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">469.019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">469.019</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 604.037px; width: 383.003px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging .....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 604.037px; width: 321.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.102.840</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8163px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.8327px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4965px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 617.756px; width: 382.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ..</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 617.756px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 631.459px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 631.459px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 645.178px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 645.178px; width: 327.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">53.205.578</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.5188px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.499.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1589px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.335.391</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.040.582</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 674.35px; width: 165.608px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instrument</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s - liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 686.131px; width: 381.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">market</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> deposits ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 686.131px; width: 280.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4777px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.663.421</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 699.834px; width: 382.933px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 699.834px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.387.399</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 713.553px; width: 380.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 713.553px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 727.256px; width: 382.227px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts paya</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ble and other liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties (without unpaid </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">taxes) ............</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 727.256px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.382.695</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 740.975px; width: 381.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond ...</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 740.975px; width: 280.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.0769px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.763.931</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 754.693px; width: 383.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 754.693px; width: 312.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3108px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2395px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 768.225px; width: 381.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Long-term borrowings ..................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.413874px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 768.225px; width: 280.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7031px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.2295px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.394</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 781.928px; width: 380.851px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 781.928px; width: 312.599px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3437px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.0618px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.920.839</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.0925px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.152.439</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The carr<span class=\"_ _2\"></span>ying amounts of <span class=\"_ _2\"></span>financial instrumen<span class=\"_ _2\"></span>ts at amortised cost approximates their fair values. Loans to <span class=\"_ _2\"></span>customers </span><span style=\"display:inherit;clear:left;\">are predominantl<span class=\"_ _2\"></span>y on \ufb02oating interes<span class=\"_ _0\"></span>t and/<span class=\"_ _0\"></span>or with <span class=\"_ _2\"></span>short maturity (<span class=\"_ _2\"></span>&lt;12 months). <span class=\"_ _2\"></span>Same appl<span class=\"_ _2\"></span>ies to liabilities, including </span><span style=\"display:inherit;clear:left;\">money mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et deposits, bonds, bills and borrowings<span class=\"_ _0\"></span>. Subordinated bond is redeemable <span class=\"_ _2\"></span>at the company\u2019<span class=\"_ _1\"></span>s choice as </span><span style=\"display:inherit;clear:left;\">st</span><span style=\"display:inherit;clear:left;\">of 1</span><span style=\"display:inherit;clear:left;\"> March 2026. <span class=\"_ _2\"></span>Therefore<span class=\"_ _1\"></span>, b<span class=\"_ _2\"></span>ook value of those in<span class=\"_ _2\"></span>struments is predo<span class=\"_ _2\"></span>minantly in lin<span class=\"_ _2\"></span>e with fair value at the reportin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">date<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">Fair value measurement \u2013 valuation techniques and <span class=\"_ _2\"></span>inputs </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>Grou<span class=\"_ _0\"></span>p <span class=\"_\"> </span>measures <span class=\"_ _16\"> </span>financial <span class=\"_\"> </span>instruments <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_\"> </span>value <span class=\"_\"> </span>using <span class=\"_\"> </span>valu<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>techniques <span class=\"_\"> </span>consistent <span class=\"_ _16\"> </span>with <span class=\"_\"> </span>its <span class=\"_\"> </span>internal </span><span style=\"display:inherit;clear:left;\">investment <span class=\"_ _1c\"> </span>valuation <span class=\"_ _15\"> </span>procedures<span class=\"_ _0\"></span>. <span class=\"_ _15\"> </span>V<span class=\"_ _1\"></span>aluation <span class=\"_ _15\"> </span>techniques <span class=\"_ _1c\"> </span>are <span class=\"_ _15\"> </span>applied <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>order <span class=\"_ _15\"> </span>of <span class=\"_ _1c\"> </span>pr<span class=\"_ _2\"></span>iority <span class=\"_ _15\"> </span>described <span class=\"_ _15\"> </span>below<span class=\"_ _1\"></span>, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on the availab<span class=\"_ _2\"></span>ility and reliability of obser<span class=\"_ _2\"></span>vable inputs. </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation meth<span class=\"_ _2\"></span>ods and inputs by in<span class=\"_ _2\"></span>strument class: </span><span style=\"display:inherit;clear:left;\">Instrument class</span><span style=\"display:inherit;clear:left;\">Fair </span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation </span><span style=\"display:inherit;clear:left;\">method</span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">Significant </span><span style=\"display:inherit;clear:left;\">value </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">unobservable inputs </span><span style=\"display:inherit;clear:left;\">level </span><span style=\"display:inherit;clear:left;\">inputs </span><span style=\"display:inherit;clear:left;\">Listed equity securities</span><span style=\"display:inherit;clear:left;\">Level 1</span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>closing </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">active market (Method 1) </span><span style=\"display:inherit;clear:left;\">prices </span><span style=\"display:inherit;clear:left;\">Listed debt securities</span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>1 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _14\"></span>mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>prices <span class=\"_ _14\"></span>on <span class=\"_ _18\"></span>an </span><span style=\"display:inherit;clear:left;\">Quoted <span class=\"_ _1c\"> </span>prices, </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Level 2 </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _2b\"> </span>market; <span class=\"_ _2b\"> </span>where <span class=\"_ _2b\"> </span>not </span><span style=\"display:inherit;clear:left;\">yield <span class=\"_ _10a\"> </span>curves, </span><span style=\"display:inherit;clear:left;\">available<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>aluation b<span class=\"_ _0\"></span>ased <span class=\"_ _0\"></span>on </span><span style=\"display:inherit;clear:left;\">observable </span><span style=\"display:inherit;clear:left;\">compar<span class=\"_ _0\"></span>able <span class=\"_ _2b\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et <span class=\"_ _2b\"> </span>yiel<span class=\"_ _2\"></span>ds </span><span style=\"display:inherit;clear:left;\">mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">(Methods 1 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">spreads </span><span style=\"display:inherit;clear:left;\">Derivatives (interes<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">Level 2</span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">standard <span class=\"_ _64\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">Yield <span class=\"_ _1\"></span>cur<span class=\"_ _2\"></span>ve<span class=\"_ _0\"></span>s, <span class=\"_ _1\"></span>FX<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e swaps, FX </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _d\"> </span>(discounted <span class=\"_ _d\"> </span>cash </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>, <span class=\"_ _25\"> </span>f<span class=\"_ _0\"></span>orward<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">forwards) </span><span style=\"display:inherit;clear:left;\">\ufb02ow <span class=\"_ _11d\"> </span>/ <span class=\"_ _b5\"> </span>for<span class=\"_ _2\"></span>ward <span class=\"_ _b5\"> </span>pr<span class=\"_ _2\"></span>icing </span><span style=\"display:inherit;clear:left;\">curves </span><span style=\"display:inherit;clear:left;\">models) </span><span style=\"display:inherit;clear:left;\">Holdin<span class=\"_ _2\"></span>gs</span><span style=\"display:inherit;clear:left;\">in investment </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _64\"> </span>asset <span class=\"_ _64\"> </span>value <span class=\"_ _64\"> </span>(NAV) </span><span style=\"display:inherit;clear:left;\">Reported NAV</span><span style=\"display:inherit;clear:left;\">Adjustments <span class=\"_ _b5\"> </span>t<span class=\"_ _0\"></span>o <span class=\"_ _64\"> </span>NAV </span><span style=\"display:inherit;clear:left;\">funds (UCITS<span class=\"_ _0\"></span>, AIFs, </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">provided <span class=\"_ _28\"> </span>by <span class=\"_ _28\"> </span>fund <span class=\"_ _28\"> </span>m<span class=\"_ _2\"></span>anager </span><span style=\"display:inherit;clear:left;\">where applicabl<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">limited partnerships) </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>3) </span><span style=\"display:inherit;clear:left;\">Unlisted equ<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>ecast <span class=\"_ _4\"> </span>cash <span class=\"_ _11e\"> </span>\ufb02o<span class=\"_ _0\"></span>ws, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">multiples </span><span style=\"display:inherit;clear:left;\">discount <span class=\"_ _17\"> </span>rates<span class=\"_ _0\"></span>, <span class=\"_ _17\"> </span>terminal<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _62\"> </span>on <span class=\"_ _62\"> </span>compar<span class=\"_ _0\"></span>able </span><span style=\"display:inherit;clear:left;\">(EV<span class=\"_ _1\"></span>/EBITDA, </span><span style=\"display:inherit;clear:left;\">growth <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, <span class=\"_ _15\"> </span>d<span class=\"_ _2\"></span>iscounts </span><span style=\"display:inherit;clear:left;\">companies <span class=\"_ _1d\"> </span>or <span class=\"_ _e\"> </span>transactions </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _1\"></span>/E), <span class=\"_ _fb\"> </span>m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">for lack of marketability </span><span style=\"display:inherit;clear:left;\">(Methods 5 and<span class=\"_ _2\"></span> 6) </span><span style=\"display:inherit;clear:left;\">benchmar<span class=\"_ _2\"></span>ks<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Unlisted deb<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">Level <span class=\"_\"> </span>2 <span class=\"_ _18\"> </span>/ </span><span style=\"display:inherit;clear:left;\">Discounted <span class=\"_ _62\"> </span>c<span class=\"_ _2\"></span>ash <span class=\"_ _62\"> </span>\ufb02ow </span><span style=\"display:inherit;clear:left;\">Benchmark </span><span style=\"display:inherit;clear:left;\">Credit <span class=\"_ _8d\"> </span>spreads, </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">Level 3 </span><span style=\"display:inherit;clear:left;\">models <span class=\"_ _11e\"> </span>and/<span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _11e\"> </span>va<span class=\"_ _0\"></span>luation </span><span style=\"display:inherit;clear:left;\">interest r<span class=\"_ _1\"></span>ates </span><span style=\"display:inherit;clear:left;\">probability <span class=\"_ _4\"> </span>of <span class=\"_ _27\"> </span>d<span class=\"_ _2\"></span>efau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _1c\"> </span>co<span class=\"_ _2\"></span>mpar<span class=\"_ _0\"></span>able <span class=\"_ _15\"> </span>debt </span><span style=\"display:inherit;clear:left;\">(PD), <span class=\"_ _15\"> </span>loss <span class=\"_ _15\"> </span>given <span class=\"_ _8\"> </span>defau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">instruments <span class=\"_ _14\"></span>(Metho<span class=\"_ _2\"></span>ds <span class=\"_ _13\"></span>5 <span class=\"_ _14\"></span>and </span><span style=\"display:inherit;clear:left;\">(L<span class=\"_ _0\"></span>GD), <span class=\"_ _9d\"> </span>prepayment </span><span style=\"display:inherit;clear:left;\">6) </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">Equity instrument<span class=\"_ _2\"></span>s with </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">V<span class=\"_ _1\"></span>aluation <span class=\"_ _54\"> </span>based <span class=\"_ _b7\"> </span>on </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>actual </span><span style=\"display:inherit;clear:left;\">Assumptions <span class=\"_ _cb\"> </span>regarding </span><span style=\"display:inherit;clear:left;\">contractual e<span class=\"_ _0\"></span>xit pric<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">contractual <span class=\"_ _24\"> </span>sale <span class=\"_ _2b\"> </span>rights <span class=\"_ _24\"> </span>or </span><span style=\"display:inherit;clear:left;\">terms </span><span style=\"display:inherit;clear:left;\">enforceability and tim<span class=\"_ _2\"></span>ing </span><span style=\"display:inherit;clear:left;\">(put options / </span><span style=\"display:inherit;clear:left;\">shareholder <span class=\"_ _6e\"> </span>agre<span class=\"_ _0\"></span>ements </span><span style=\"display:inherit;clear:left;\">shareholder </span><span style=\"display:inherit;clear:left;\">(Method <span class=\"_ _2\"></span>4) </span><span style=\"display:inherit;clear:left;\">agreements) </span><span style=\"display:inherit;clear:left;\">Other financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">Level 3</span><span style=\"display:inherit;clear:left;\">Cost <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>approxima<span class=\"_ _0\"></span>tion <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">\u2013</span><span style=\"display:inherit;clear:left;\">Cost</span><span style=\"display:inherit;clear:left;\">-</span><span style=\"display:inherit;clear:left;\">based </span><span style=\"display:inherit;clear:left;\">instruments </span><span style=\"display:inherit;clear:left;\">fair <span class=\"_ _1d\"> </span>value <span class=\"_ _e\"> </span>where <span class=\"_ _e\"> </span>no <span class=\"_ _e\"> </span>othe<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>mption<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">valuation <span class=\"_ _107\"> </span>techniq<span class=\"_ _2\"></span>ue <span class=\"_ _107\"> </span>is </span><span style=\"display:inherit;clear:left;\">reliable (Method <span class=\"_ _2\"></span>7) </span><span style=\"display:inherit;clear:left;\">Fa<span class=\"wsa3\">ir </span>v<span class=\"_ _0\"></span>alu<span class=\"wsa3\">e </span>hierar<span class=\"_ _0\"></span>chy </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls2d wsa4\"> </span>following<span class=\"ls2e wsa4\"> </span>tabl<span class=\"_ _2\"></span>e<span class=\"ls2f wsa5\"> </span>disclo<span class=\"_ _0\"></span>ses<span class=\"ls30 wsa4\"> </span>financial<span class=\"ls31 wsa6\"> </span>instruments<span class=\"ls32 wsa7\"> </span>a<span class=\"_ _0\"></span>t<span class=\"ls30 wsa4\"> </span>fair<span class=\"ls30 wsa4\"> </span>value<span class=\"ls33 wsa6\"> </span>or<span class=\"ls30 wsa4\"> </span>held-to<span class=\"_ _2\"></span>-maturity<span class=\"ls30 wsa4\"> </span>acc<span class=\"_ _2\"></span>ording<span class=\"ls34 wsa4\"> </span>to<span class=\"ls2d wsa4\"> </span>valuation </span><span style=\"display:inherit;clear:left;\">techniques. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>tech<span class=\"_ _2\"></span>niques are <span class=\"_ _2\"></span>separated <span class=\"_ _2\"></span>into <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>levels <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>significance <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumptions </span><span style=\"display:inherit;clear:left;\">made in <span class=\"_ _2\"></span>determining fair value. The levels are as follows: </span><span style=\"display:inherit;clear:left;\">Level 1<span class=\"ff4\">: Quoted <span class=\"wsa8\">p<span class=\"_ _2\"></span></span>rice in <span class=\"_ _2\"></span><span class=\"wsa9\">an </span>active market for <span class=\"wsaa\">i</span>dentical <span class=\"wsa8\">as</span>sets. </span></span><span style=\"display:inherit;clear:left;\">Level 2:<span class=\"ff4\"> <span class=\"_ _1\"></span>Fai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value is <span class=\"_ _0\"></span>not based on <span class=\"_ _0\"></span>quoted prices <span class=\"_ _0\"></span>in an <span class=\"_ _0\"></span>active mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>(level 1) <span class=\"_ _0\"></span>but <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inputs that <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>observable for the </span></span><span style=\"display:inherit;clear:left;\">asset, <span class=\"_ _2\"></span>either <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>irectly <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>pric<span class=\"_ _2\"></span>es) or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>indirectl<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rices). <span class=\"_ _2\"></span>Financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>which <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>an </span><span style=\"display:inherit;clear:left;\">active <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>et <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>classified <span class=\"_ _0\"></span>into <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>evel <span class=\"_ _1\"></span>2.<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>The f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>valu<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>assessment <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ecen<span class=\"_ _2\"></span>t <span class=\"_ _1\"></span>transactions <span class=\"_ _0\"></span>between <span class=\"_ _0\"></span>unr<span class=\"_ _0\"></span>elated<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">parties or bid pr<span class=\"_ _2\"></span>ices of unrelated parties. Compariso<span class=\"_ _2\"></span>n to similar fin<span class=\"_ _2\"></span>ancial assets is also applie<span class=\"_ _2\"></span>d. </span><span style=\"display:inherit;clear:left;\">Level 3:<span class=\"_ _2\"></span><span class=\"ff4\"> Fair val<span class=\"_ _2\"></span>ue measuremen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>based on<span class=\"_ _2\"></span> significan<span class=\"_ _2\"></span>t in<span class=\"_ _2\"></span>puts other <span class=\"_ _2\"></span>than m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et va<span class=\"_ _2\"></span>lue<span class=\"_ _0\"></span>. Fair <span class=\"_ _2\"></span>value me<span class=\"_ _2\"></span>asurement <span class=\"_ _2\"></span>of </span></span><span style=\"display:inherit;clear:left;\">financial<span class=\"ls35 ws8e\"> </span>assets<span class=\"ls2a ws96\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls25 ws8e\"> </span>as<span class=\"ls25 ws8e\"> </span>level<span class=\"ls25 ws8e\"> </span>3 <span class=\"_ _18\"> </span>is<span class=\"ls25 ws8e\"> </span>based<span class=\"ls25 ws8e\"> </span>on<span class=\"ls36 ws8e\"> </span>inputs<span class=\"ls25 ws8e\"> </span>such<span class=\"ls25 ws8e\"> </span>as<span class=\"ls1f ws88\"> </span>valua<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span><span class=\"ls36 ws8e\"> </span>from<span class=\"ls25 ws8e\"> </span>fund<span class=\"ls2a ws96\"> </span>managers<span class=\"ls2a ws96\"> </span>of<span class=\"ls36 ws8e\"> </span>inves<span class=\"_ _0\"></span>tment<span class=\"ls1f ws88\"> </span>o<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">institution<span class=\"_ _2\"></span>al investment <span class=\"_ _2\"></span>funds, <span class=\"_ _2\"></span>put <span class=\"_ _2\"></span>options <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>results or <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>parison <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">other sim<span class=\"_ _2\"></span>ilar financial assets. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>recei<span class=\"_ _2\"></span>vables t<span class=\"_ _2\"></span>hat be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>fixed <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>assessed <span class=\"_ _2\"></span>using <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>iscounted <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ow <span class=\"_ _2\"></span>metho<span class=\"_ _2\"></span>d, </span><span style=\"display:inherit;clear:left;\">where <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>yield <span class=\"_ _13\"></span>is<span class=\"ls13 ws7c\"> </span>based<span class=\"ls13 ws7c\"> </span>on <span class=\"_ _13\"></span>the<span class=\"ls13 ws7c\"> </span>estimated<span class=\"ls13 ws7c\"> </span>mark<span class=\"_ _0\"></span>et<span class=\"ls13 ws7c\"> </span>interest<span class=\"ls37 ws7c\"> </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"ls13 ws7c\"> </span>for<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>res<span class=\"_ _0\"></span>pect<span class=\"_ _2\"></span>ive<span class=\"ls13 ws7c\"> </span>de<span class=\"_ _0\"></span>bt <span class=\"_ _13\"></span>instrumen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>on<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>r<span class=\"_ _0\"></span>eporting </span><span style=\"display:inherit;clear:left;\">date. The fair value of other financial assets <span class=\"_ _2\"></span>and financial liabilities, including of those with variable <span class=\"_ _2\"></span>interest rates, is </span><span style=\"display:inherit;clear:left;\">not considered significantly di<span class=\"ff37\">ff</span>erent from the carrying amounts at period-end. </span><span style=\"display:inherit;clear:left;position:relative;height:242.421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.89062px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 0.0058593px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 18.0059px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 18.0059px; width: 321.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.347.953</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2893px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.347.953</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 31.5059px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 31.5059px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">25.874.654</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.336</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.200.990</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.1934px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 45.1934px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">474.296</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.8652px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 58.8652px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">253.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.470.959</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.679.462</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.403.594</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 72.3652px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.828px; top: 72.3652px; width: 306.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">57.571</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">950.693</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.113.732</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.121.995</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 86.0527px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 86.0527px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.152.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">187.451</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.339.991</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 102.084px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 102.084px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.533.352</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.374.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">980.64</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.888.820</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.797px; width: 53.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 409.062px; top: 128.896px; width: 294.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Level 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.5565px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Level</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 146.912px; width: 381.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> securities ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 146.912px; width: 327.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.937.933</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.937.933</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 160.412px; width: 383.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Listed debt securities ...............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 160.412px; width: 327.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.725.568</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.769</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.6643px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.935.337</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 174.1px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 174.1px; width: 280.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">617.661</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.787px; width: 381.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Holdings in investment funds ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.438px; top: 187.787px; width: 312.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">329.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.298.195</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.666.316</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.294.041</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.287px; width: 381.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> instruments .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 201.287px; width: 280.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.093.877</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.275.677</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.369.553</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 214.959px; width: 383.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Unlisted debt instruments ...........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 450.406px; top: 214.959px; width: 280.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.104.744</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2011px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">445.921</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.550.665</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 230.803px; width: 380.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total investments at fair value ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.5px; top: 230.803px; width: 327.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">35.993.031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.324.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">45</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3301px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.705.190</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:84.28125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 718.282px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes that f</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">all under level 3 during the period are specified as follo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ws:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.043px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1144px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 15.9531px; width: 731.374px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance 1.1. ....................................................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.9091px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">387.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.600.335</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 31.1094px; width: 547.321px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Purchased ............................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 593.328px; top: 31.0625px; width: 140.946px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.609.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.1268px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.678.684</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 44.5938px; width: 547.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold / Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ments .....................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 586.906px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.726.364)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.688px; top: 44.6094px; width: 54.509px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.927.354)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9844px; width: 548.292px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest and fair value changes* ......................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.297px; top: 58.9844px; width: 131.687px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">709.272</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.5603px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.249</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 588.781px; top: 72.6562px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.980.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4637px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.387.914</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -731.772px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">B</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">alance at 31.12 .............................................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*Of which ISK 97 million is realised and ISK 612 million i<span class=\"_ _0\"></span>s unrealised. Interest and fair value changes are recorded among net financial income in the </span><span style=\"display:inherit;clear:left;\">statem<span class=\"_ _2\"></span>ent of profit or loss.</span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>table <span class=\"_ _16\"> </span>below <span class=\"_\"> </span>illustrates <span class=\"_ _16\"> </span>the <span class=\"_\"> </span>fair <span class=\"_ _16\"> </span>value <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>Level <span class=\"_ _16\"> </span>3 <span class=\"_\"> </span>unlisted <span class=\"_\"> </span>equity <span class=\"_ _16\"> </span>instruments <span class=\"_\"> </span>that <span class=\"_ _16\"> </span>are <span class=\"_\"> </span>measured <span class=\"_ _16\"> </span>using <span class=\"_\"> </span>cost, </span><span style=\"display:inherit;clear:left;\">manager<span class=\"ff38\">\u2011</span>provided <span class=\"_ _2\"></span>pricing, <span class=\"_ _2\"></span>recent <span class=\"_ _2\"></span>transaction <span class=\"_ _2\"></span>data <span class=\"_ _2\"></span>(Asset <span class=\"_ _2\"></span>class<span class=\"ff39\"> <span class=\"_ _2\"></span></span>1), <span class=\"_ _121\"></span>or <span class=\"_ _2\"></span>valuation <span class=\"_ _2\"></span>techniques <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>peer <span class=\"_ _2\"></span>multiples </span><span style=\"display:inherit;clear:left;\">or discounted cash flows (Asset clas<span class=\"ff39\">s </span>2). </span><span style=\"display:inherit;clear:left;position:relative;height:89.68359375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 484.562px; top: 0.0039062px; width: 224.876px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4428px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.7354px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Asset </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.2539px; width: 58.2469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Asset c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lass</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.109px; top: 16.1758px; width: 227.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3979px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2095px; font-size: 10.666px; font-family: ff13; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">class 2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 650.531px; top: 33.2188px; width: 85.8723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in cost of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.2656px; width: 104.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost of equity - 9,96%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 677.156px; top: 46.3594px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -143.673px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Change in valu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417706px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 78.0625px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.226.915</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5354px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5% / 5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523897px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7096px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,5% / -0,5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -722.478px; width: 0px; font-size: 10.666px; font-family: ff12; -webkit-text-stroke: 0.15999px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Unlisted equities ................................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsad\">decrease <span class=\"wsae\">in <span class=\"wsaf\">the <span class=\"ws0\">fair value <span class=\"_ _2\"></span>of asset class<span class=\"ff3a wsaa\"> </span>1 and <span class=\"_ _2\"></span>a 0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsb0\">point <span class=\"wsb1\">increase <span class=\"wsb2\">in <span class=\"wsb3\">the <span class=\"wsb4\">cost </span></span></span></span></span>of equity <span class=\"_ _2\"></span><span class=\"wsb5\">applied </span>to </span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">the <span class=\"ws0\">valuation of asset <span class=\"_ _2\"></span>class<span class=\"ff3b\"> </span>2 would <span class=\"wsad\">decrease <span class=\"_ _2\"></span><span class=\"wsb7\">total <span class=\"wsb8\">fair <span class=\"ws9d\">value </span></span></span></span>by<span class=\"ff3c wsb9\"> </span>ISK<span class=\"ff3a wsba\"> </span>374<span class=\"ff3a wsbb\"> </span>million. </span></span><span style=\"display:inherit;clear:left;\">A <span class=\"wsac\">5% <span class=\"wsbc\">increase <span class=\"wsb0\">in <span class=\"wsb6\">the <span class=\"wsbd\">fair <span class=\"wsbe\">value <span class=\"ws0\">of asset <span class=\"_ _2\"></span>class<span class=\"ff3d ws9c\"> </span>1 and a<span class=\"ff3e wsbf\"> </span>0.5<span class=\"ff38\">\u2011</span>percentage<span class=\"ff38\">\u2011</span><span class=\"wsc0\">point <span class=\"wsad\">decrease <span class=\"_ _2\"></span></span></span>in the <span class=\"wsc1\">cost <span class=\"wsc2\">of <span class=\"wsc3\">equity </span>for </span></span>asset </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">class<span class=\"ff3b\"> </span>2 would <span class=\"wsbc\">increase <span class=\"_ _2\"></span></span>total fair <span class=\"ws9d\">value </span>by ISK<span class=\"ff3a wsc4\"> </span>381<span class=\"ff3a wsbb\"> </span>million. </span><span style=\"display:inherit;clear:left;\">Governanc<span class=\"wsc5\">e </span>a<span class=\"wsc6\">nd </span>contro<span class=\"_ _2\"></span>l<span class=\"wsc7\">s </span>ove<span class=\"_ _0\"></span><span class=\"wsc8\">r <span class=\"ws0\">valuation </span></span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls38 wsc9\"> </span>valuation<span class=\"ls39 wsca\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls39 wscb\"> </span>investment<span class=\"lse wscc\"> </span>assets<span class=\"ls38 wsc9\"> </span>is<span class=\"ls38 wscd\"> </span>review<span class=\"_ _2\"></span>ed<span class=\"ls38 wsc9\"> </span>at<span class=\"_ _0\"></span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">least<span class=\"ls3a wsce\"> </span>quarterl<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span><span class=\"ls38 wscd\"> </span>The<span class=\"ls38 wscd\"> </span>Investment</span></span><span style=\"display:inherit;clear:left;\"> <span class=\"ls0 ws0\">Commi<span class=\"_ _2\"></span>ttee<span class=\"ls3b wsd0\"> </span>of</span><span class=\"ls39\"> <span class=\"ls0 ws0\">the<span class=\"ls38 wscd\"> </span>insurance </span></span></span><span style=\"display:inherit;clear:left;\">business<span class=\"ls36 wsd1\"> </span>is<span class=\"ls36 wsd1\"> </span>responsib<span class=\"_ _2\"></span>le<span class=\"ls3c wsd2\"> </span>for<span class=\"ls3d wsd3\"> </span>the<span class=\"ls36 wsd1\"> </span>valuation<span class=\"_ _2\"></span><span class=\"ls3d wsd3\"> </span>of<span class=\"ls39 wsd4\"> </span>investment<span class=\"_ _2\"></span><span class=\"ls39 wsd4\"> </span>assets,<span class=\"ls36 wsd1\"> </span>while<span class=\"ls36 wsd1\"> </span>day-to<span class=\"_ _2\"></span>-d<span class=\"_ _2\"></span>ay<span class=\"ls3e wsd5\"> </span>mo<span class=\"_ _2\"></span>nitoring<span class=\"ls3e wsd6\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls36 wsd1\"> </span>performed<span class=\"ls36 wsd1\"> </span>by<span class=\"ls36 wsd7\"> </span>the </span><span style=\"display:inherit;clear:left;\">investment<span class=\"ls3f wsd8\"> </span>funct<span class=\"_ _2\"></span>ion.<span class=\"ls40 wsd9\"> </span>Where<span class=\"ls40 wsd9\"> </span>dev<span class=\"_ _2\"></span>iations<span class=\"ls3f wsd8\"> </span>from<span class=\"ls41 wsda\"> </span>thi<span class=\"_ _2\"></span>rd-party<span class=\"ls3f wsdb\"> </span>valuations<span class=\"ls3f wsd8\"> </span>oc<span class=\"_ _2\"></span>cu<span class=\"ls1d\">r</span>,<span class=\"ls40 wsdc\"> </span>these<span class=\"ls40 wsdc\"> </span>are<span class=\"ls40 wsd9\"> </span>doc<span class=\"_ _2\"></span>umented<span class=\"ls40 wsdc\"> </span>in<span class=\"ls39 wsdd\"> </span>formal </span><span style=\"display:inherit;clear:left;\">memoranda and approved by the<span class=\"_ _2\"></span> Investment Commit<span class=\"_ _2\"></span>tee<span class=\"_ _0\"></span>, in ac<span class=\"_ _2\"></span>cordance <span class=\"_ _2\"></span>with the Group\u2019<span class=\"_ _1\"></span>s valuation proced<span class=\"_ _2\"></span>ures<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__100": {
   "value": "<span style=\"display:inherit;clear:left;\">35.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Ris<span class=\"_ _2\"></span>k management</span></span></span><span style=\"display:inherit;clear:left;\">35.1 Risk manageme<span class=\"_ _0\"></span>nt in ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>al</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>has <span class=\"_ _2\"></span>implemented <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>policy <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>coordinated <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>management. <span class=\"_ _13\"></span>Its purpose <span class=\"_ _13\"></span>is to <span class=\"_ _2\"></span>ensure <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>has </span><span style=\"display:inherit;clear:left;\">an <span class=\"_ _13\"></span>e<span class=\"ff3f\">ff</span>ective <span class=\"_ _14\"></span>system <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>risk <span class=\"_ _13\"></span>management <span class=\"_ _14\"></span>that <span class=\"_ _13\"></span>includes, <span class=\"_ _14\"></span>among <span class=\"_ _13\"></span>other <span class=\"_ _14\"></span>things, <span class=\"_ _13\"></span>analysing, <span class=\"_ _14\"></span>measuring, <span class=\"_ _14\"></span>controlling <span class=\"_ _13\"></span>and </span><span style=\"display:inherit;clear:left;\">monitori<span class=\"_ _2\"></span>ng<span class=\"ls42 wsde\"> </span>the<span class=\"ls43 wsdf\"> </span>Group's<span class=\"ls42 wsde\"> </span>risks.<span class=\"ls42 wse0\"> </span>The<span class=\"_ _2\"></span><span class=\"ls43 wse1\"> </span>objec<span class=\"_ _2\"></span>tive<span class=\"ls43 wse2\"> </span>of<span class=\"ls3e wse3\"> </span>the<span class=\"ls43 wsdf\"> </span>po<span class=\"_ _2\"></span>licy<span class=\"ls39 wse4\"> </span>is<span class=\"ls42 wse5\"> </span>to<span class=\"ls42 wse6\"> </span>establ<span class=\"_ _2\"></span>ish<span class=\"ls44 wsde\"> </span>and<span class=\"_ _2\"></span><span class=\"ls42 wsde\"> </span>define<span class=\"ls43 wse2\"> </span>i<span class=\"_ _2\"></span>n<span class=\"ls3e wse7\"> </span>a <span class=\"_ _14\"></span>cle<span class=\"_ _2\"></span>ar<span class=\"ls42 wsde\"> </span>and<span class=\"ls43 wsdf\"> </span>st<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>aightforwa<span class=\"_ _2\"></span>rd </span><span style=\"display:inherit;clear:left;\">manner <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>olicies, <span class=\"_ _13\"></span>principl<span class=\"_ _2\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>govern<span class=\"_ _2\"></span>ance <span class=\"_ _13\"></span>structures, <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>appetite <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sk <span class=\"_ _2\"></span>manage<span class=\"_ _2\"></span>ment <span class=\"_ _13\"></span>sys<span class=\"_ _0\"></span>tems, <span class=\"_ _2\"></span>includ<span class=\"_ _2\"></span>ing <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">Group'<span class=\"_ _0\"></span>s deci<span class=\"_ _2\"></span>sion-ma<span class=\"_ _2\"></span>king powers. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls37 wse8\"> </span>Board<span class=\"ls37 wse8\"> </span>of<span class=\"ls3e wse9\"> </span>Direc<span class=\"_ _2\"></span>tors<span class=\"ls37 wse8\"> </span>establishes<span class=\"ls37 ws9\"> </span>a <span class=\"_ _13\"></span>framework<span class=\"ls37 wse8\"> </span>for<span class=\"ls45 wsea\"> </span>co<span class=\"_ _2\"></span>ordinated<span class=\"ls37 wse8\"> </span>risk<span class=\"ls37 wse8\"> </span>manage<span class=\"_ _2\"></span>ment<span class=\"_ _2\"></span><span class=\"ls3e wse9\"> </span>and<span class=\"ls37 wse8\"> </span>a <span class=\"_ _13\"></span>written<span class=\"ls37 ws9\"> </span>risk<span class=\"ls37 ws9\"> </span>man<span class=\"_ _2\"></span>agemen<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">polic<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span> The <span class=\"_ _2\"></span>Board of <span class=\"_ _2\"></span>Directors i<span class=\"_ _2\"></span>s respon<span class=\"_ _2\"></span>sible <span class=\"_ _2\"></span>for ensur<span class=\"_ _2\"></span>ing imp<span class=\"_ _2\"></span>lementatio<span class=\"_ _2\"></span>n of <span class=\"_ _2\"></span>risk p<span class=\"_ _2\"></span>olicies <span class=\"_ _2\"></span>and that <span class=\"_ _2\"></span>they <span class=\"_ _2\"></span>are followed. </span><span style=\"display:inherit;clear:left;\">The Board of Directors sets the risk appe<span class=\"_ _2\"></span>tite<span class=\"_ _0\"></span>, including th<span class=\"_ _2\"></span>e Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>criter<span class=\"_ _2\"></span>ia, object<span class=\"_ _2\"></span>ives and tar<span class=\"_ _0\"></span>gets, and establishes<span class=\"_ _2\"></span> a </span><span style=\"display:inherit;clear:left;\">fr<span class=\"_ _0\"></span>amework for the<span class=\"_ _2\"></span> CEO in ac<span class=\"_ _2\"></span>cordanc<span class=\"_ _2\"></span>e with the<span class=\"_ _2\"></span> Board's<span class=\"_ _0\"></span> approved cri<span class=\"_ _2\"></span>teria. The Board of <span class=\"_ _2\"></span>Directors has establishe<span class=\"_ _2\"></span>d the </span><span style=\"display:inherit;clear:left;\">target for the Group's solvency ratio to be above 1.25. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>CEO <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>responsible <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>e<span class=\"ff40\">ff</span>ective <span class=\"_ _2\"></span>implementation <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group's <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>policies <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>they <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>followed. <span class=\"_ _2\"></span>The </span><span style=\"display:inherit;clear:left;\">CEO <span class=\"_ _2\"></span>shall <span class=\"_ _13\"></span>provide <span class=\"_ _13\"></span>information <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>Board <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>Group's <span class=\"_ _2\"></span>risk-ta<span class=\"_ _2\"></span>king <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hich <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>close<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sk <span class=\"_ _2\"></span>appeti<span class=\"_ _2\"></span>te <span class=\"_ _2\"></span>lim<span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">inform the Board without delay if risk-taking exceeds the risk appetite. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1c\"> </span>Chief <span class=\"_ _1c\"> </span>Risk <span class=\"_ _1c\"> </span>O<span class=\"ff41\">ff</span>icer <span class=\"_ _1c\"> </span>is <span class=\"_ _1c\"> </span>responsible <span class=\"_ _1c\"> </span>for <span class=\"_ _1c\"> </span>enforcing <span class=\"_ _1c\"> </span>provisions <span class=\"_ _1c\"> </span>related <span class=\"_ _15\"> </span>to <span class=\"_ _17\"> </span>risk <span class=\"_ _1c\"> </span>management. <span class=\"_ _1c\"> </span>Risk <span class=\"_ _1c\"> </span>management </span><span style=\"display:inherit;clear:left;\">ensures <span class=\"_ _16\"> </span>that <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>Group's <span class=\"_ _18\"></span>risk <span class=\"_ _18\"> </span>management <span class=\"_ _16\"> </span>system <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>managed, <span class=\"_ _18\"> </span>including <span class=\"_\"> </span>policies <span class=\"_ _18\"> </span>and <span class=\"_ _18\"> </span>risk <span class=\"_\"> </span>appetite, <span class=\"_ _14\"></span>assists <span class=\"_ _16\"> </span>the </span><span style=\"display:inherit;clear:left;\">Board <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>other <span class=\"_ _13\"></span>divisions <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff41\">ff</span>ective <span class=\"_ _13\"></span>operation <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>management <span class=\"_ _13\"></span>systems, <span class=\"_ _13\"></span>monitors <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Group's <span class=\"_ _2\"></span>overall <span class=\"_ _13\"></span>risk </span><span style=\"display:inherit;clear:left;\">profile and manages own risk and solvency assessment. </span><span style=\"display:inherit;clear:left;\">The Group's policy on equity and dividends is to ensure it has su<span class=\"_ _2\"></span><span class=\"ff42\">ff</span>icient equity to fulfi<span class=\"wseb\">l <span class=\"_ _1\"></span>its <span class=\"_ _1\"></span>commitments <span class=\"_ _1\"></span>and <span class=\"_ _1\"></span>meet <span class=\"_ _1\"></span></span></span><span style=\"display:inherit;clear:left;\">minimu<span class=\"wsec\">m </span>ow<span class=\"wsed\">n </span>fun<span class=\"wsee\">d </span>requ<span class=\"_ _2\"></span>irement<span class=\"wsef\">s </span>despi<span class=\"_ _2\"></span>t<span class=\"wsaf\">e </span>potenti<span class=\"wsf0\">al </span>setbacks. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls46 wsd7\"> </span>Board<span class=\"ls46 wsd7\"> </span>sets<span class=\"ls3c wsd2\"> </span>targets<span class=\"ls3c wsf1\"> </span>for<span class=\"ls3c wsf1\"> </span>the<span class=\"ls3c wsd2\"> </span>Group<span class=\"_ _0\"></span>'s<span class=\"ls3c wsd2\"> </span>solvency<span class=\"ls46 wsf1\"> </span>ra<span class=\"_ _0\"></span>tio<span class=\"ls47 wsf2\"> </span>as<span class=\"ls46 wsd7\"> </span>a <span class=\"_ _18\"> </span>part<span class=\"ls3e wsd5\"> </span>of<span class=\"ls3e wsf3\"> </span>establ<span class=\"_ _2\"></span>ishing<span class=\"ls48 wsf3\"> </span>a <span class=\"_ _18\"> </span>risk<span class=\"ls3c wsf4\"> </span>app<span class=\"_ _2\"></span>etite<span class=\"ls3c wsf1\"> </span>for<span class=\"ls45 wsf5\"> </span>the<span class=\"ls46 wsd7\"> </span>Group.<span class=\"ls3c wsd2\"> </span>The </span><span style=\"display:inherit;clear:left;\">calculation of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>minimum own <span class=\"_ _0\"></span>fund requirements is <span class=\"_ _1\"></span>ri<span class=\"_ _2\"></span>sk-based and <span class=\"_ _0\"></span>tak<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>into account <span class=\"_ _0\"></span>all <span class=\"_ _0\"></span>the main <span class=\"_ _1\"></span>r<span class=\"_ _2\"></span>isks <span class=\"_ _0\"></span>applica<span class=\"_ _2\"></span>ble </span><span style=\"display:inherit;clear:left;\">to the <span class=\"_ _0\"></span>Group\u00b4s operation. The Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lcul<span class=\"_ _2\"></span>ates <span class=\"_ _0\"></span>it\u00b4s risk profile<span class=\"_ _2\"></span> a<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>least monthl<span class=\"_ _2\"></span>y <span class=\"_ _0\"></span>in accordance with the Group\u00b4s <span class=\"_ _0\"></span>risk<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">policy<span class=\"_ _2\"></span> and risk <span class=\"_ _2\"></span>appetite<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">35.2 Own risk- and so<span class=\"_ _0\"></span>lvency as<span class=\"_ _0\"></span>ses<span class=\"_ _1\"></span>sment (ORSA) </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>purpose <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>own <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>solvency <span class=\"_ _13\"></span>asses<span class=\"_ _0\"></span>sment <span class=\"_ _13\"></span>(ORS<span class=\"_ _2\"></span>A) <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>simplify <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group's <span class=\"_ _13\"></span>optimization <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>solvency<span class=\"_ _3\"></span>. <span class=\"_ _14\"></span>The </span><span style=\"display:inherit;clear:left;\">objecti<span class=\"_ _2\"></span>ve of the <span class=\"_ _2\"></span>ORSA <span class=\"_ _2\"></span>is to <span class=\"_ _2\"></span>inform how m<span class=\"_ _2\"></span>uch solvency <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group needs <span class=\"_ _2\"></span>compared to<span class=\"_ _2\"></span> current and <span class=\"_ _2\"></span>future risk<span class=\"_ _2\"></span>-taking. </span><span style=\"display:inherit;clear:left;\">ORSA informs <span class=\"_ _2\"></span>the Board, <span class=\"_ _2\"></span>management and <span class=\"_ _2\"></span>other relevant parties on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> risk <span class=\"_ _2\"></span>profile<span class=\"_ _0\"></span>, solvency nee<span class=\"_ _2\"></span>d and risk </span><span style=\"display:inherit;clear:left;\">fact<span class=\"_ _0\"></span>ors at <span class=\"_ _0\"></span>any given <span class=\"_ _0\"></span>time, thus <span class=\"_ _0\"></span>enabling r<span class=\"_ _0\"></span>ational and well<span class=\"_ _0\"></span>-informed decisi<span class=\"_ _2\"></span>ons rela<span class=\"_ _0\"></span>ted to <span class=\"_ _0\"></span>the Group<span class=\"_ _0\"></span>'s <span class=\"_ _0\"></span>policies and risk-</span><span style=\"display:inherit;clear:left;\">taking. </span><span style=\"display:inherit;clear:left;\">ORSA <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>continu<span class=\"_ _2\"></span>ous <span class=\"_ _2\"></span>key <span class=\"_ _2\"></span>process <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Group'<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tion<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>inherent <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>ac<span class=\"_ _2\"></span>tivities <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>thus <span class=\"_ _2\"></span>enhances <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">understanding of the re<span class=\"_ _0\"></span>lationship between the Gro<span class=\"_ _0\"></span>up'<span class=\"_ _0\"></span>s ris<span class=\"_ _0\"></span>k profile<span class=\"_ _0\"></span>, solvency <span class=\"_ _0\"></span>and capital re<span class=\"_ _0\"></span>quirements f<span class=\"_ _0\"></span>or the shorte<span class=\"_ _0\"></span>r </span><span style=\"display:inherit;clear:left;\">and longer<span class=\"_ _2\"></span> term. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>ORSA<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>can <span class=\"_ _13\"></span>be <span class=\"_ _14\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>entirety <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>processes <span class=\"_ _13\"></span>and <span class=\"_ _14\"></span>procedures <span class=\"_ _13\"></span>employed<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>identif<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>assess<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>moni<span class=\"_ _2\"></span>tor<span class=\"_ _3\"></span>, </span><span style=\"display:inherit;clear:left;\">manage<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>report t<span class=\"_ _2\"></span>he sh<span class=\"_ _2\"></span>ort- and <span class=\"_ _2\"></span>long-<span class=\"_ _2\"></span>term risks <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span> insurance c<span class=\"_ _2\"></span>ompany <span class=\"_ _2\"></span>faces or <span class=\"_ _2\"></span>may <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>exposed to <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">determine <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>own <span class=\"_ _2\"></span>funds <span class=\"_ _2\"></span>necessary <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>ensure <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>undertaking<span class=\"_ _2\"></span>'s <span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>all <span class=\"_ _2\"></span>solvency <span class=\"_ _2\"></span>need<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are m<span class=\"_ _2\"></span>et <span class=\"_ _2\"></span>at all <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>imes<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>In </span><span style=\"display:inherit;clear:left;\">this conn<span class=\"_ _2\"></span>ection, the <span class=\"_ _2\"></span>Gr<span class=\"_ _0\"></span>oup has adopted an ORSA p<span class=\"_ _2\"></span>olicy whic<span class=\"_ _2\"></span>h has been app<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>ved by the Boar<span class=\"_ _0\"></span>d. </span><span style=\"display:inherit;clear:left;\">35.3 Mark<span class=\"_ _0\"></span>et risk </span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>ris<span class=\"_ _2\"></span>k <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _14\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>l<span class=\"_ _2\"></span>oss <span class=\"_ _13\"></span>or <span class=\"_ _18\"> </span>unfavour<span class=\"_ _1\"></span>abl<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>change <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>po<span class=\"_ _2\"></span>sition, <span class=\"_ _14\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _14\"></span>arise <span class=\"_ _18\"> </span>directly <span class=\"_ _18\"></span>or <span class=\"_ _14\"></span>indirectly <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">\ufb02uctuations in the mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et value o<span class=\"_ _2\"></span>f assets<span class=\"_ _0\"></span>, provisions and financ<span class=\"_ _2\"></span>ial instruments. </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>mark<span class=\"_ _0\"></span>et risk factors that are specifically con<span class=\"_ _2\"></span>sidered: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Interest r<span class=\"_ _1\"></span>ate risk</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Equity risk</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Foreign ex<span class=\"_ _0\"></span>change r<span class=\"_ _0\"></span>ate risk</span><span style=\"display:inherit;clear:left;\">35.4 Interes<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span> r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> risk </span><span style=\"display:inherit;clear:left;\">Interes<span class=\"wsf6\">t </span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk o<span class=\"_ _2\"></span><span class=\"wsf7\">f </span>loss fro<span class=\"wsf8\">m </span>\ufb02<span class=\"_ _2\"></span>uctuations <span class=\"_ _2\"></span>i<span class=\"wsf7\">n </span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>o<span class=\"wsf7\">f </span>financial <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nstruments <span class=\"_ _2\"></span>due <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span><span class=\"wsf9\">a </span>change <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>interest </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"ws6\">(</span>required rate <span class=\"wsfa\">o<span class=\"wsfb\">f </span></span>r<span class=\"_ _0\"></span>eturn<span class=\"ls49\">)</span>. T<span class=\"_ _2\"></span>he <span class=\"wsfc\">d</span>ur<span class=\"_ _0\"></span>ation o<span class=\"wsfb\">f </span>the <span class=\"wsfc\">as</span>sets is i<span class=\"wsfd\">n </span>most cases <span class=\"wsfe\">no<span class=\"wsfb\">t </span></span>the <span class=\"wsfc\">s</span>ame as <span class=\"wsff\">the </span><span class=\"ws100\">d<span class=\"ws0\">ur<span class=\"_ _0\"></span>ation o<span class=\"ws101\">f </span>the <span class=\"ws102\">li</span>abil<span class=\"_ _2\"></span>ities </span></span></span><span style=\"display:inherit;clear:left;\">due to <span class=\"wsb2\">i</span>nsurance <span class=\"_ _2\"></span><span class=\"ws103\">c</span>ontracts <span class=\"wsfe\">and <span class=\"ws104\">t<span class=\"_ _2\"></span></span></span>herefore interest r<span class=\"_ _1\"></span>ate ri<span class=\"_ _2\"></span>sk <span class=\"ws105\">c</span>an <span class=\"wsee\">ar<span class=\"_ _2\"></span></span>ise i<span class=\"ws106\">n </span>the <span class=\"_ _2\"></span>opera<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>of the <span class=\"ws103\">Gro</span>up. </span><span style=\"display:inherit;clear:left;\">Interest sensitivity <span class=\"_ _2\"></span>analysis </span><span style=\"display:inherit;clear:left;\">The following <span class=\"_ _2\"></span>table discloses <span class=\"_ _2\"></span>the e<span class=\"_ _2\"></span><span class=\"ff43\">ff</span>ect that 50 <span class=\"_ _2\"></span>and 100 <span class=\"_ _2\"></span>bp increase <span class=\"_ _2\"></span>in interest <span class=\"_ _2\"></span>on net <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>bearing assets <span class=\"_ _2\"></span>and on </span><span style=\"display:inherit;clear:left;\">the di<span class=\"_ _2\"></span>scounting o<span class=\"_ _2\"></span>f insurance c<span class=\"_ _2\"></span>ontract liabilities, would<span class=\"_ _2\"></span> have on profit <span class=\"_ _2\"></span>or loss and on <span class=\"_ _2\"></span>equit<span class=\"_ _2\"></span>y at the repor<span class=\"_ _2\"></span>ting date<span class=\"_ _0\"></span>. Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">sensitivity <span class=\"_ _2\"></span>analysis <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>interest <span class=\"_ _13\"></span>bearing <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>presumption <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>all <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>variables </span><span style=\"display:inherit;clear:left;\">remain constant. The sensitivity is presented post-tax and therefore reflects the e<span class=\"_ _13\"></span><span class=\"ff44\">ff</span>ect on profit or loss and equity<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">The e<span class=\"ff45\">ff</span>ect <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>profit or <span class=\"_ _2\"></span>loss and <span class=\"_ _2\"></span>equity <span class=\"_ _2\"></span>is the <span class=\"_ _2\"></span>same since <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the value <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>underlying <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>instruments </span><span style=\"display:inherit;clear:left;\">are <span class=\"_ _17\"> </span>in <span class=\"_\"> </span>no <span class=\"_ _17\"> </span>cases <span class=\"_ _17\"> </span>recognised <span class=\"_ _17\"> </span>directly <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>equity<span class=\"_ _1\"></span>. <span class=\"_ _17\"> </span>A <span class=\"_ _17\"> </span>positive <span class=\"_ _17\"> </span>number <span class=\"_ _17\"> </span>indicates <span class=\"_ _17\"> </span>an <span class=\"_\"> </span>increase <span class=\"_ _1c\"> </span>in <span class=\"_\"> </span>pro<span class=\"_ _2\"></span>fit<span class=\"ls39 ws107\"> </span>and <span class=\"_\"> </span>equity<span class=\"_ _1\"></span>. <span class=\"_ _17\"> </span>A </span><span style=\"display:inherit;clear:left;\">decrease of interest rates would have the same e<span class=\"_ _13\"></span><span class=\"ff46\">ff</span>ect in the opposite direction. </span><span style=\"display:inherit;clear:left;position:relative;height:86.609375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 0.0136718px; width: 64.1655px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 0.0136718px; width: 64.1655px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 23.9668px; width: 317.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50 bp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.3786px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100 bp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.2218px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50 bp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9226px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100 bp</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.3418px; width: 357.696px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net impact on interest bearing assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.......................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.312px; top: 40.3418px; width: 331.993px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(501.244)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8288px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">992.034)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.8271px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(342.451)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.7171px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">678.945)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 56.5449px; width: 356.013px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Higher discounting of insurance contract liabliites  ....................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 406.266px; top: 56.5449px; width: 323.302px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">157.493</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.5439px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">312.456</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2688px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418992px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">49.133</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.4973px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.901</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.748px; width: 357.224px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pact on profit and loss and equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.03391px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.312px; top: 72.748px; width: 331.993px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(343.750)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.8288px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">679.579)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.8271px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(193.318)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.7171px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.52551px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">383.044)</span></span></span><span style=\"display:inherit;clear:left;\">35.5 Equity risk and other price ris<span class=\"_ _0\"></span>ks of mark<span class=\"_ _0\"></span>et secu<span class=\"_ _0\"></span>rities </span><span style=\"display:inherit;clear:left;\">Equity risk is t<span class=\"_ _2\"></span>he risk of loss due <span class=\"_ _2\"></span>to changes in the pric<span class=\"_ _2\"></span>e of equit<span class=\"_ _2\"></span>ies<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The Group's <span class=\"_ _2\"></span>listed and <span class=\"_ _2\"></span>unlisted equities are <span class=\"_ _2\"></span>measured at <span class=\"_ _2\"></span>fair value <span class=\"_ _2\"></span>and therefore fluctuations <span class=\"_ _2\"></span>in share <span class=\"_ _2\"></span>prices have <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">considerable <span class=\"_ _95\"></span>e<span class=\"ff47\">ff</span>ect <span class=\"_ _95\"></span>on <span class=\"_ _94\"></span>investment <span class=\"_ _95\"></span>income. <span class=\"_ _95\"></span>The <span class=\"_ _95\"></span>management <span class=\"_ _95\"></span>of <span class=\"_ _94\"></span>the <span class=\"_ _95\"></span>Group <span class=\"_ _95\"></span>constantly <span class=\"_ _95\"></span>monitors <span class=\"_ _95\"></span>market developments to </span><span style=\"display:inherit;clear:left;\">be able to react to changes in equity risk. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group also <span class=\"_ _2\"></span>invests i<span class=\"_ _2\"></span>n market <span class=\"_ _2\"></span>debt <span class=\"_ _2\"></span>securities <span class=\"_ _2\"></span>to spread <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>even <span class=\"_ _2\"></span>\ufb02uctuations <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>accordanc<span class=\"_ _2\"></span>e with <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Grou<span class=\"_ _0\"></span>p </span><span style=\"display:inherit;clear:left;\">policy on <span class=\"_ _2\"></span>inve<span class=\"_ _0\"></span>stments. </span><span style=\"display:inherit;clear:left;position:relative;height:68.21875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 570.359px; top: 0.0039062px; width: 155.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2051px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2383px; width: 548.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities instruments and equity funds at fair value through profit or loss ........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 573.062px; top: 21.2383px; width: 155.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.315.743</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.577.722</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6133px; width: 548.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt instrume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nts and other securities at fair value through profit or loss ................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">........</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 573.062px; top: 37.6133px; width: 155.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">36.268.342</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.509.315</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.9727px; width: 548.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives at fair value through profit or loss ...............................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 591.062px; top: 53.9727px; width: 137.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">18.541</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>e<span class=\"ff48\">ff</span>ect of <span class=\"_ _2\"></span>5% <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>10% increases <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>market <span class=\"_ _2\"></span>value of <span class=\"_ _2\"></span>equities <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>debt <span class=\"_ _2\"></span>securities <span class=\"_ _2\"></span>on profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>is disclosed </span><span style=\"display:inherit;clear:left;\">below, <span class=\"_ _2\"></span>net of <span class=\"_ _2\"></span>20% <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>tax. <span class=\"_ _2\"></span>Accordingly<span class=\"_ _1\"></span>, 5% <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>10% <span class=\"_ _2\"></span>decreases <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>market value <span class=\"_ _2\"></span>would <span class=\"_ _2\"></span>have <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>same <span class=\"_ _2\"></span>e<span class=\"ff49\">ff</span>ect but </span><span style=\"display:inherit;clear:left;\">in the opposite direction. </span><span style=\"display:inherit;clear:left;position:relative;height:92.078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 0.0136718px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -252.422px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 24.1543px; width: 303.495px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8532px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.4888px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7476px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 45.2168px; width: 356.796px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Equities - impact on profit or</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> loss ...............................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 406.266px; top: 45.2168px; width: 323.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">815.787</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.6854px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.631.574</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.3259px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">878.886</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9327px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.757.772</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 61.4355px; width: 356.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt securities - imp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">act on profit or loss ....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 61.4355px; width: 333.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.450.734</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.6854px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.901.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.1973px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.420.373</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5092px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.840.745</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.8418px; width: 356.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives - impact on profit or loss </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">..........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 77.8418px; width: 308.847px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.485</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.6251px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.971</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0835px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.742</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.6896px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.483</span></span></span><span style=\"display:inherit;clear:left;\">35.6 For<span class=\"_ _0\"></span>eign e<span class=\"_ _0\"></span>xcha<span class=\"_ _0\"></span>nge r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e risk </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>eign <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>change <span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>risk is<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>loss from <span class=\"_ _2\"></span>\ufb02uctuations <span class=\"_ _2\"></span>in t<span class=\"_ _2\"></span>he exchange rate<span class=\"_ _0\"></span>s o<span class=\"_ _2\"></span>f foreign <span class=\"_ _2\"></span>currencies. It <span class=\"_ _2\"></span>arises if </span><span style=\"display:inherit;clear:left;\">there is a mismatch in position<span class=\"_ _2\"></span> of assets and liabilities in indiv<span class=\"_ _2\"></span>idual for<span class=\"_ _0\"></span>eign currencies.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _14\"></span>major<span class=\"_ _2\"></span>ity <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Gr<span class=\"_ _0\"></span>oup'<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>assets <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>liabilities <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>denomin<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>I<span class=\"_ _2\"></span>SK, <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>also <span class=\"_ _14\"></span>hold<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>som<span class=\"_ _2\"></span>e <span class=\"_ _13\"></span>foreign </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _1c\"> </span>assets. <span class=\"_ _1c\"> </span>Information <span class=\"_ _1c\"> </span>regarding <span class=\"_ _1c\"> </span>those <span class=\"_ _1c\"> </span>foreign <span class=\"_ _1c\"> </span>currencies <span class=\"_ _1c\"> </span>that <span class=\"_ _1c\"> </span>have <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>large<span class=\"_ _0\"></span>st <span class=\"_ _1c\"> </span>impact <span class=\"_ _15\"> </span>on <span class=\"_ _17\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_ _1c\"> </span>Group'<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">opera<span class=\"_ _0\"></span>tions is provided b<span class=\"_ _2\"></span>elow<span class=\"_ _1\"></span>.  </span><span style=\"display:inherit;clear:left;position:relative;height:314.271484375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.201172px; width: 250.899px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign exchange rate risk as</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 0.0136718px; width: 238.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8081px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41738px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.2094px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">et position</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 21.4199px; width: 456.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 21.2168px; width: 148.63px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.474.990</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.690</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 21.2637px; width: 60.5719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.460.300 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 37.7637px; width: 456.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 37.6387px; width: 130.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">74.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.494</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 37.6387px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">62.071 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 53.9355px; width: 456.595px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 53.8262px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">46.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 53.8418px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">46.402 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 70.2949px; width: 455.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.906px; top: 70.2168px; width: 219.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.353</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3609px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(40.793)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 86.6543px; width: 454.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ..............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 86.5762px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.567</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 86.6074px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.567 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 102.998px; width: 455.171px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 102.967px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 102.982px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.575 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 119.357px; width: 454.483px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 119.357px; width: 239.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.659.659</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">71.538</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9327px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.588.122</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.41px; width: 250.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign exchange rate risk as</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 180.52px; width: 237.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Net position</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.676px; width: 456.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 201.785px; width: 148.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.201.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">08.316</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 201.77px; width: 60.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.492.731 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 218.066px; width: 456.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 218.145px; width: 148.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.863.022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.171</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 218.145px; width: 60.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.200.851 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 234.457px; width: 456.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 234.52px; width: 226.717px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">54.079</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">34.644</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">180.565)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 250.848px; width: 455.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 500.953px; top: 250.91px; width: 138.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">786.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 688.688px; top: 250.91px; width: 49.8809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">786.331 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 267.254px; width: 454.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ..............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 500.953px; top: 267.285px; width: 138.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">856.231</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 688.688px; top: 267.285px; width: 49.8809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">856.231 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 283.645px; width: 455.092px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.906px; top: 283.66px; width: 123.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.829</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 702.047px; top: 283.66px; width: 35.6191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.829 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 300.035px; width: 454.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 300.035px; width: 239.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.767.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.605.131</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.162.408</span></span></span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"ws0\">analysis<span class=\"ff4 fs2a ws102\"> </span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>following <span class=\"_ _18\"> </span>table <span class=\"_\"> </span>discloses <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>e<span class=\"ff4a\">ff</span>ect <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>5% <span class=\"_ _16\"> </span>and <span class=\"_ _16\"> </span>10% <span class=\"_ _16\"> </span>strengthening <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>ISK <span class=\"_ _16\"> </span>against <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>respective <span class=\"_ _16\"> </span>foreign </span><span style=\"display:inherit;clear:left;\">currencies<span class=\"ls4a ws108\"> </span>on<span class=\"lse wscc\"> </span>profit<span class=\"lse wscc\"> </span>or<span class=\"ls4a ws108\"> </span>loss<span class=\"_ _2\"></span><span class=\"ls4a ws108\"> </span>and<span class=\"ls4a ws108\"> </span>equit<span class=\"ls10\">y</span>.<span class=\"ls4b ws109\"> </span>The<span class=\"ls4a ws108\"> </span>an<span class=\"_ _2\"></span>alysis<span class=\"ls4a ws108\"> </span>is<span class=\"ls4a ws108\"> </span>based<span class=\"ls4a wsc9\"> </span>on<span class=\"_ _2\"></span><span class=\"ls3a wsce\"> </span>the<span class=\"ls4b wsd0\"> </span>carr<span class=\"_ _2\"></span>ying<span class=\"ls4c ws10a\"> </span>amount<span class=\"ls4a ws108\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4a wsc9\"> </span>assets<span class=\"ls4b ws109\"> </span>and<span class=\"ls3a wsce\"> </span>liabiliti<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">denomi<span class=\"_ _2\"></span>nated in those currencies at the repo<span class=\"_ _2\"></span>rting date<span class=\"_ _0\"></span>. The t<span class=\"_ _2\"></span>able above discloses those foreign assets and liabi<span class=\"_ _2\"></span>lities </span><span style=\"display:inherit;clear:left;\">on which <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>sensitivity <span class=\"_ _2\"></span>analysis is <span class=\"_ _2\"></span>based, <span class=\"_ _2\"></span>which are <span class=\"_ _2\"></span>mainly <span class=\"_ _2\"></span>foreign <span class=\"_ _2\"></span>denominated securities. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>sensitivity <span class=\"_ _2\"></span>analysis </span><span style=\"display:inherit;clear:left;\">is based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the assumption <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>all other <span class=\"_ _2\"></span>variables <span class=\"_ _2\"></span>remain constant. <span class=\"_ _2\"></span>It <span class=\"_ _2\"></span>is based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>pre-tax e<span class=\"ff4b\">ff</span>ects, <span class=\"_ _2\"></span>20% <span class=\"_ _2\"></span>income tax, </span><span style=\"display:inherit;clear:left;\">and re\ufb02ects the <span class=\"_ _0\"></span>impact on profit <span class=\"_ _0\"></span>or los<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>and equit<span class=\"ls10\">y</span>. The negative <span class=\"_ _0\"></span>impact on profit <span class=\"_ _0\"></span>or loss <span class=\"_ _0\"></span>and equity is <span class=\"_ _0\"></span>the same since </span><span style=\"display:inherit;clear:left;\">value changes of the<span class=\"_ _2\"></span> under<span class=\"_ _2\"></span>lying financial inst<span class=\"_ _2\"></span>ruments are in no<span class=\"_ _2\"></span> instances recognised<span class=\"_ _2\"></span> directly in e<span class=\"_ _2\"></span>quit<span class=\"ls10\">y</span>. </span><span style=\"display:inherit;clear:left;\">Impac<span class=\"ws10b\">t </span>o<span class=\"wsfa\">n </span>pro<span class=\"wsc5\">fit </span>o<span class=\"ws10c\">r </span>los<span class=\"wsc\">s </span>a<span class=\"wsc7\">nd </span>equity </span><span style=\"display:inherit;clear:left;position:relative;height:133.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 0.0039062px; width: 64.1426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 0.0039062px; width: 64.1426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 16.4102px; width: 303.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 357.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 37.6602px; width: 315.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">58.412</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">116.824</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">139.709</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">279.418</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0664px; width: 357.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 54.0664px; width: 308.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.483</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.966</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.034</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">96.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 357.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 70.457px; width: 313.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.856</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.712</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7.223)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(14.445)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8477px; width: 356.432px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 416.172px; top: 86.8477px; width: 313.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.632)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.453</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">62.906</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.254px; width: 354.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 103.254px; width: 308.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.249</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.498</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.645px; width: 355.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 430.922px; top: 119.645px; width: 298.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">273</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">546</span></span></span><span style=\"display:inherit;clear:left;\">A weak<span class=\"_ _0\"></span>ening of the <span class=\"_ _2\"></span>ISK against the above ment<span class=\"_ _2\"></span>ioned foreign curr<span class=\"_ _0\"></span>encies would have a positive im<span class=\"_ _2\"></span>pact on profit and </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">equity<span class=\"_ _1\"></span>.</span></span> </span><span style=\"display:inherit;clear:left;\">35.7 Liquidity risk<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Liquidity risk is the risk that the Group will not have enough liquid assets or not being able to sell assets in time and </span><span style=\"display:inherit;clear:left;\">therefore encounter di<span class=\"ff4c\">ff</span>iculty in meeting its <span class=\"_ _2\"></span>financial obligations when due. </span><span style=\"display:inherit;clear:left;\">The liquidity<span class=\"_ _2\"></span> po<span class=\"_ _0\"></span>sition,<span class=\"_ _2\"></span> i<span class=\"_ _0\"></span>ts development as well a<span class=\"_ _0\"></span>s the impact of <span class=\"_ _0\"></span>market conditions and future o<span class=\"_ _0\"></span>utlook is monitored on </span><span style=\"display:inherit;clear:left;\">a <span class=\"_ _16\"> </span>regular<span class=\"ls3a wsce\"> </span>basis.<span class=\"ls4d ws10d\"> </span>P<span class=\"_ _1\"></span>arti<span class=\"_ _2\"></span>cular<span class=\"ls3a ws10e\"> </span>emphasis<span class=\"ls4e ws10f\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls4e ws110\"> </span>plac<span class=\"_ _2\"></span>ed<span class=\"ls4e ws110\"> </span>on<span class=\"lse ws111\"> </span>the<span class=\"_ _2\"></span>re<span class=\"ls4d ws112\"> </span>being<span class=\"ls4c wse\"> </span>al<span class=\"_ _2\"></span>ways<span class=\"ls3a wsce\"> </span>adequate<span class=\"ls4d ws112\"> </span>liquid<span class=\"ls4e ws110\"> </span>assets<span class=\"ls4e ws10f\"> </span>to<span class=\"ls4e ws110\"> </span>m<span class=\"_ _2\"></span>eet<span class=\"ls4e ws110\"> </span>expected<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">payments <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>both <span class=\"_ _13\"></span>claims <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>othe<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>liabilit<span class=\"_ _2\"></span>ies.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group's expec<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>very<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>well <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>overed by <span class=\"_ _13\"></span>its <span class=\"_ _2\"></span>liquid<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">position. The Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>policy on <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets <span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>o have <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>a minimum enough <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets, <span class=\"_ _0\"></span>including<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>access <span class=\"_ _0\"></span>to credit </span><span style=\"display:inherit;clear:left;\">lines, <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>cover <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>operating <span class=\"_ _18\"></span>costs <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>parent <span class=\"_ _14\"></span>company <span class=\"_ _14\"></span>for <span class=\"_ _14\"></span>3 <span class=\"_ _18\"></span>months, <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>addition <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>least <span class=\"_ _18\"></span>ISK <span class=\"_ _14\"></span>500 <span class=\"_ _14\"></span>million <span class=\"_ _18\"></span>to </span><span style=\"display:inherit;clear:left;\">support <span class=\"_ _13\"></span>subsidiaries <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>they <span class=\"_ _13\"></span>run <span class=\"_ _13\"></span>into <span class=\"_ _2\"></span>di<span class=\"ff4d\">ff</span>iculties. <span class=\"_ _13\"></span>It <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>part <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>policy <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>each <span class=\"_ _13\"></span>subsidiary <span class=\"_ _13\"></span>adheres <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">its own liquidity risk policy<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Expecte<span class=\"wsc7\">d </span>cash \ufb02ow<span class=\"wsc\">s <span class=\"wsec\">of </span></span>liabil<span class=\"_ _2\"></span>i<span class=\"ws113\">ties </span>i<span class=\"wsc\">s </span>specifie<span class=\"wsc7\">d </span>a<span class=\"ws114\">s </span>follows: </span><span style=\"display:inherit;clear:left;position:relative;height:226.828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 0.0117187px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 13.6836px; width: 709.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 32.0117px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 31.8398px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.415.422</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.372.127</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.787.549</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.8555px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 45.6836px; width: 286.822px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">203.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059.643</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 59.5117px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 59.3555px; width: 286.811px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">230.072</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.090.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.705px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.321.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 73.3555px; width: 398.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other short-term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 435.812px; top: 73.1992px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.158.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.158.530</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 87.0273px; width: 399.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 86.8711px; width: 301.371px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.007.821</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.278.861</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.326.779</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 126.027px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.668px; width: 709.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 159.824px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 159.824px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.718.281</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.032.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.750.819</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 173.496px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 173.496px; width: 286.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">194.648</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">781.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.913.937</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.34px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 187.34px; width: 286.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">204.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">204.05</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.435px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">408.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 200.996px; width: 399.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payabl</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and other short-term liabilities* .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 200.996px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.445.671</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 214.84px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.563.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.018.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.519.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>following <span class=\"_ _14\"></span>table <span class=\"_ _14\"></span>provides <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>maturity <span class=\"_ _14\"></span>analysis <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group\u00b4s <span class=\"_ _14\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>respect <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts, <span class=\"_ _14\"></span>which </span><span style=\"display:inherit;clear:left;\">re\ufb02ects the d<span class=\"_ _2\"></span>ate<span class=\"_ _0\"></span>s on which the <span class=\"_ _2\"></span>cash \ufb02ows ar<span class=\"_ _0\"></span>e expec<span class=\"_ _2\"></span>ted to occur<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Liabilities for remaining c<span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>age me<span class=\"_ _2\"></span>asure<span class=\"_ _0\"></span>d un<span class=\"_ _2\"></span>der </span><span style=\"display:inherit;clear:left;\">the P<span class=\"_ _0\"></span>AA have been exc<span class=\"_ _0\"></span>luded from thi<span class=\"_ _2\"></span>s analysis.<span class=\"_ _0\"></span>  </span><span style=\"display:inherit;clear:left;position:relative;height:84.453125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 0.0097656px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 11.3223px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 26.2285px; width: 247.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 26.2285px; width: 446.284px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.153.135</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.184.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.834.434</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.502.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768.242</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">727.114</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.169.906</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 48.4941px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.8066px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 74.7129px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.665.350</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">586</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.624.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.455.811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">729.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">705.832</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.071.753</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.139px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iabilities for incurred claims ......................................................</span></span></span><span style=\"display:inherit;clear:left;\">Liquidity risk o<span class=\"_ _2\"></span>f financial ser<span class=\"_ _2\"></span>vices activities is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>measur<span class=\"_ _0\"></span>e of the ba<span class=\"_ _2\"></span>nk'<span class=\"_ _0\"></span>s liquidit<span class=\"_ _2\"></span>y risk is the liq<span class=\"_ _2\"></span>uidity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio (L<span class=\"_ _0\"></span>CR) as defi<span class=\"_ _2\"></span>ned in Rules No. 1520/2022 </span><span style=\"display:inherit;clear:left;\">of the Central Bank of Icel<span class=\"_ _2\"></span>and and the bank adheres to pru<span class=\"_ _2\"></span>dent internal standards regarding the minim<span class=\"_ _2\"></span>um liquidity </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio. The bank's<span class=\"_ _0\"></span> liquid<span class=\"_ _2\"></span>ity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio was 417% on 31.12.2025, <span class=\"_ _2\"></span>while the min<span class=\"_ _2\"></span>imum liquidity<span class=\"_ _2\"></span> cover<span class=\"_ _1\"></span>age </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>atio according to the CBI's rules is 100%.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Time analysis of assets and <span class=\"_ _2\"></span>liabilities in respect o<span class=\"_ _2\"></span>f Fos<span class=\"_ _1\"></span>sar financia<span class=\"_ _2\"></span>l liabilities and <span class=\"_ _2\"></span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">The tables <span class=\"_ _0\"></span>show <span class=\"_ _0\"></span>non-d<span class=\"_ _2\"></span>iscounted contr<span class=\"_ _0\"></span>actual intere<span class=\"_ _0\"></span>st <span class=\"_ _0\"></span>and principal payments <span class=\"_ _0\"></span>in re<span class=\"_ _0\"></span>spect of <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>ssar <span class=\"_ _0\"></span>financial liabilities </span><span style=\"display:inherit;clear:left;\">and assets<span class=\"_ _0\"></span>. The aggrega<span class=\"_ _0\"></span>tes for <span class=\"_ _0\"></span>each liability and ass<span class=\"_ _0\"></span>et type are theref<span class=\"_ _0\"></span>ore higher than <span class=\"_ _0\"></span>the corresponding figure<span class=\"_ _0\"></span>s in the </span><span style=\"display:inherit;clear:left;\">consolidated <span class=\"_\"> </span>statement <span class=\"_\"> </span>of <span class=\"_\"> </span>financial <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>ition. <span class=\"_\"> </span>For <span class=\"_\"> </span>contractual <span class=\"_ _16\"> </span>obligations, <span class=\"_\"> </span>amounts <span class=\"_\"> </span>are <span class=\"_ _16\"> </span>brok<span class=\"_ _0\"></span>en <span class=\"_\"> </span>down <span class=\"_\"> </span>by <span class=\"_\"> </span>period </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on when contr<span class=\"_ _0\"></span>actual principal payments and estimated interes<span class=\"_ _0\"></span>t payments occur<span class=\"_ _1\"></span>. Liabilities which do n<span class=\"_ _2\"></span>ot </span><span style=\"display:inherit;clear:left;\">have <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _13\"></span>maturity <span class=\"_ _13\"></span>date <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>umption <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>cust<span class=\"_ _0\"></span>omer <span class=\"_ _13\"></span>will <span class=\"_ _13\"></span>dem<span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>payment </span><span style=\"display:inherit;clear:left;\">from the Group at the first opportunity<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:507.619140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 118.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 0.359375px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5938px; width: 732.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.104</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364.104</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 29.0469px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.627px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.5px; width: 732.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.9375px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.984.478</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.445.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.287.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.047.280</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.5781px; width: 733.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.012.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">894.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">437.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.5196px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 79.0156px; width: 420.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.300.477</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.340.285</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.724.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.329.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.187.387</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 116.188px; width: 128.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 116.547px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 132.609px; width: 732.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">993.053</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.993.053</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.047px; width: 732.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.951.775</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.793px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.488.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.688px; width: 732.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.141px; width: 732.732px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.531px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.473</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.578px; width: 732.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.047px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993.784</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.784</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 195.031px; width: 420.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.994.783</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.531.658</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.109px; width: 732.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.694px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">305.694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">418.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">575.460</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.655.729</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 278.135px; width: 118.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 278.494px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.666px; width: 732.776px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.928px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.057px; width: 732.647px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.683px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.447px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 331.838px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.432px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.338.280</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.539.308</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.004.580</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 344.244px; width: 732.823px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.461.531</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.171.869</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">577.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.284.677</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 356.822px; width: 420.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.416.343</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.692.311</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.8346px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.116.634</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.905.790</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 393.65px; width: 128.745px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2024:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 394.01px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 410.182px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.386px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.140.691</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3581px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.471px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.768.213</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 422.572px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.165px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.000.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.784px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.802.554</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.963px; width: 732.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.841px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 447.369px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 459.76px; width: 732.835px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 472.15px; width: 420.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.523.288</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.0856px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.2468px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.553.364</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 497.119px; width: 732.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.29px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.106.944)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.5921px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.06</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.920)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.352.426</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised.</span><span style=\"display:inherit;clear:left;\">35.8 Insur<span class=\"_ _1\"></span>ance risk </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"ws116\">risk <span class=\"ws117\">compromises <span class=\"ws118\">of <span class=\"ws0\">underwriting risk <span class=\"_ _2\"></span><span class=\"ws119\">and <span class=\"ws11a\">reserve <span class=\"ws11b\">risk. <span class=\"ws11c\"> <span class=\"ws11d\">The </span></span></span></span></span>underwriting risk is <span class=\"_ _2\"></span><span class=\"ws11e\">the <span class=\"ws11f\">risk <span class=\"ws120\">that </span></span>the </span>insurance </span></span></span></span></span><span style=\"display:inherit;clear:left;\">premiums <span class=\"ws122\">are <span class=\"ws123\">not <span class=\"ws0\">su<span class=\"ff4e\">ff</span><span class=\"wsad\">icient <span class=\"ws9d\">to <span class=\"ws124\">cover <span class=\"ws125\">the <span class=\"ws10b\">losses <span class=\"_ _2\"></span><span class=\"wsb0\">and <span class=\"ws126\">other <span class=\"ws127\">of <span class=\"ws128\">the <span class=\"ws129\">insurance </span></span></span></span></span></span></span></span></span></span>contracts.  </span></span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>underwriting <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insurance <span class=\"_ _13\"></span>premiums <span class=\"_ _2\"></span>collected <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>su<span class=\"ff4f\">ff</span>icient <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>cover <span class=\"_ _13\"></span>losses, <span class=\"_ _2\"></span>claims, <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">expenses <span class=\"_ _2\"></span>arisi<span class=\"_ _2\"></span>ng from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts. <span class=\"_ _2\"></span>It <span class=\"_ _2\"></span>can b<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>broken d<span class=\"_ _2\"></span>own i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>life<span class=\"_ _0\"></span>, h<span class=\"_ _2\"></span>ealth, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>n-life <span class=\"_ _2\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>ris<span class=\"_ _2\"></span>ks, </span><span style=\"display:inherit;clear:left;\">each<span class=\"ls4f ws12a\"> <span class=\"_ _2\"></span></span>of<span class=\"ls4f ws12b\"> </span>which<span class=\"ls4f ws12a\"> </span>c<span class=\"_ _2\"></span>an<span class=\"ls4f ws12b\"> </span>be<span class=\"ls4f ws12b\"> </span>furth<span class=\"_ _2\"></span>er<span class=\"ls4f ws12b\"> </span>divid<span class=\"_ _2\"></span>ed<span class=\"ls4f ws12b\"> </span>into<span class=\"ls4f ws12b\"> </span>sub<span class=\"_ _2\"></span>-c<span class=\"_ _2\"></span>ategories.<span class=\"ls42 wse5\"> </span>The<span class=\"ls42 wsde\"> </span>main<span class=\"ls4f ws12b\"> </span>risk<span class=\"ls42 wsde\"> </span>dr<span class=\"_ _2\"></span>ivers<span class=\"ls4f ws12b\"> </span>are<span class=\"ls4f ws12c\"> </span>increase<span class=\"_ _2\"></span><span class=\"ls4f ws12b\"> </span>in<span class=\"ls4f ws12b\"> </span>claims<span class=\"ls4f ws12b\"> </span>freq<span class=\"_ _2\"></span>uenc<span class=\"ls1\">y</span>, </span><span style=\"display:inherit;clear:left;\">claims in\ufb02<span class=\"_ _2\"></span>ation, large loss even<span class=\"_ _2\"></span>ts and loss of a sin<span class=\"_ _2\"></span>gle large r<span class=\"_ _2\"></span>isk. </span><span style=\"display:inherit;clear:left;\">Mitigation <span class=\"_ _18\"> </span>measures <span class=\"_\"> </span>for <span class=\"_ _18\"></span>underwriting <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>typically <span class=\"_ _18\"> </span>include <span class=\"_\"> </span>rigours <span class=\"_ _18\"></span>monitoring <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>insurance <span class=\"_\"> </span>risk, <span class=\"_ _18\"></span>prudent <span class=\"_\"> </span>risk </span><span style=\"display:inherit;clear:left;\">selection, <span class=\"_ _2\"></span>well <span class=\"_ _2\"></span>diversified <span class=\"_ _2\"></span>business <span class=\"_ _2\"></span>across <span class=\"_ _2\"></span>many di<span class=\"ff50\">ff</span>erent <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>groups, <span class=\"_ _2\"></span>premium <span class=\"_ _2\"></span>setting <span class=\"_ _2\"></span>based <span class=\"_ _2\"></span>on actuarial <span class=\"_ _2\"></span>analysis, </span><span style=\"display:inherit;clear:left;\">policy terms, and the use of reinsurance to transfer a portion of the risk. </span><span style=\"display:inherit;clear:left;\">Reserve risk refers to the possibility that the technical provisions (reserves) held by the insurer are insu<span class=\"_ _2\"></span><span class=\"ff51\">ff</span>icient to </span><span style=\"display:inherit;clear:left;\">cove<span class=\"ws12d\">r </span>futur<span class=\"wsc4\">e </span>claim ob<span class=\"_ _2\"></span>ligations<span class=\"ws12e\">. </span>Inadequ<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span><span class=\"wsaf\">e <span class=\"ws0\">reserve</span>s <span class=\"ws0\">ma<span class=\"wsbf\">y </span>resul<span class=\"wsab\">t </span>fro<span class=\"wsec\">m </span>inaccura<span class=\"ws102\">te </span>es<span class=\"_ _0\"></span>timate<span class=\"wsef\">s </span>o<span class=\"ws12f\">f </span>fut<span class=\"_ _2\"></span>ur<span class=\"ws130\">e </span>claim<span class=\"wsfa\">s </span>or </span></span></span><span style=\"display:inherit;clear:left;\">change<span class=\"ws131\">s </span>i<span class=\"ws132\">n </span>assumptio<span class=\"_ _2\"></span>n<span class=\"wsef\">s </span>suc<span class=\"wsc6\">h </span>a<span class=\"ws133\">s <span class=\"_ _2\"></span></span>in\ufb02atio<span class=\"ws134\">n </span>rate<span class=\"wsef\">s </span>o<span class=\"wsc5\">r </span>leg<span class=\"ws135\">al </span>settle<span class=\"_ _2\"></span>ments. </span><span style=\"display:inherit;clear:left;\">T</span><span style=\"display:inherit;clear:left;\">o<span class=\"ls50 ws136\"> </span>miti<span class=\"_ _2\"></span>gate<span class=\"_ _0\"></span><span class=\"ls51 ws137\"> <span class=\"ls0 ws0\">reserve<span class=\"ls50 ws136\"> </span>risk<span class=\"_ _2\"></span>,</span> <span class=\"ls0 ws0\">the</span> <span class=\"ls0 ws0\">Group<span class=\"ls52 ws138\"> </span>r<span class=\"_ _0\"></span>egularly<span class=\"ls50 ws136\"> </span>revi<span class=\"_ _2\"></span>ews<span class=\"ls50 ws136\"> </span>and<span class=\"ls50 ws136\"> </span>reassesses<span class=\"ls53 ws139\"> </span>t<span class=\"_ _0\"></span>echni<span class=\"_ _2\"></span>cal<span class=\"ls50 ws136\"> </span>provisions<span class=\"ls51 ws137\"> </span>usin<span class=\"_ _2\"></span>g<span class=\"ls50 ws136\"> </span>actuarial </span></span></span><span style=\"display:inherit;clear:left;\">metho<span class=\"_ _2\"></span>dologies.<span class=\"ls54 ws13a\"> </span>This<span class=\"ls54 wsdb\"> </span>inc<span class=\"_ _2\"></span>ludes<span class=\"ls54 ws13a\"> </span>applying<span class=\"ls55 ws13b\"> </span>his<span class=\"_ _2\"></span>torical<span class=\"ls55 ws13c\"> </span>claims<span class=\"ls54 wsdb\"> </span>data,<span class=\"ls54 wsdb\"> </span>tren<span class=\"_ _2\"></span>d<span class=\"ls55 ws13c\"> </span>analyses<span class=\"_ _0\"></span>,<span class=\"ls54 ws13d\"> </span>and<span class=\"ls54 wsdb\"> </span>stress-testing<span class=\"ls55 ws13c\"> </span>sce<span class=\"_ _2\"></span>narios. </span><span style=\"display:inherit;clear:left;\">Indep<span class=\"_ _2\"></span>endent ac<span class=\"_ _2\"></span>tuarial assessments may al<span class=\"_ _2\"></span>so be used<span class=\"_ _2\"></span> to ensure the <span class=\"_ _2\"></span>adequacy o<span class=\"_ _2\"></span>f reserves.</span><span style=\"display:inherit;clear:left;position:relative;height:218.59375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 2.05859px; width: 251.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Insurance categories - insurance revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 0.0039062px; width: 28.4142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 635.188px; top: 0.0039062px; width: 28.4142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2539px; width: 354.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Property </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 21.2539px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.259.996</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 518.203px; top: 20.8945px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">19,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 21.2539px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.045.707</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 697.859px; top: 20.8945px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6445px; width: 352.743px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine and cargo insurance ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 406.266px; top: 37.6445px; width: 46.1526px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">598.496</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 37.2695px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 37.6445px; width: 46.1526px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">553.593</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 37.2695px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,9%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0195px; width: 355.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vehicle insurance .......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 54.0195px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.934.298</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 518.203px; top: 53.6602px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">56,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 54.0195px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.887.781</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 697.859px; top: 53.6602px; width: 36.2006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">54,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4102px; width: 355.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">insurance .......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 70.4102px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.733.495</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 70.0508px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 70.4102px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.669.081</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 70.0508px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.7852px; width: 354.897px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accident and health insurance ...................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 86.7852px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.983.829</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 86.4258px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9,3%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 86.7852px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.842.849</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 86.4258px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.176px; width: 354.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Life and health insurance ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.547px; top: 103.176px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.449.287</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 102.816px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 103.176px; width: 56.7932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.182.918</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 102.816px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7,5%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.566px; width: 354.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance ...............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 119.566px; width: 22.7114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 119.191px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 119.566px; width: 21.3105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">150</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 119.191px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 137.566px; width: 344.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.8556px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.2946px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.074px; width: 317.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Domestic and foreign o</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">perations - premiums earned</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 171.598px; width: 353.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Domestic opera</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">tions ..................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 171.598px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.401</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 510.141px; top: 171.051px; width: 43.3041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 171.598px; width: 63.8967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29.181.930</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 689.609px; top: 171.051px; width: 43.3041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 187.973px; width: 353.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign operations .....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.625px; top: 187.973px; width: 22.7114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(15)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 525.203px; top: 187.426px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 619.578px; top: 187.973px; width: 21.3105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">150</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 704.203px; top: 187.426px; width: 29.097px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 204.348px; width: 344.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.959.386</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.8556px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.182.080</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.2946px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">The under<span class=\"_ _2\"></span>writin<span class=\"_ _2\"></span>g risk is mainly managed<span class=\"_ _2\"></span> in the in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e gu<span class=\"_ _0\"></span>idelin<span class=\"_ _2\"></span>es and via business process<span class=\"_ _0\"></span>es and under<span class=\"_ _2\"></span>writing </span><span style=\"display:inherit;clear:left;\">rules. </span><span style=\"display:inherit;clear:left;\">Reinsur<span class=\"_ _0\"></span>ance is used<span class=\"_ _2\"></span> to manage part of the und<span class=\"_ _2\"></span>erwritin<span class=\"_ _2\"></span>g risk. The is mainly<span class=\"_ _2\"></span> the risk of l<span class=\"_ _2\"></span>ar<span class=\"_ _0\"></span>ge claims or major<span class=\"_ _2\"></span> events. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>reserve <span class=\"_ _16\"> </span>risk <span class=\"_ _18\"></span>is <span class=\"_ _18\"> </span>managed <span class=\"_ _16\"> </span>throu<span class=\"_ _0\"></span>gh <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>guidel<span class=\"_ _2\"></span>ines, <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>whic<span class=\"_ _2\"></span>h <span class=\"_ _14\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>guidelines <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>reservin<span class=\"_ _2\"></span>g <span class=\"_ _18\"> </span>are <span class=\"_ _18\"> </span>set <span class=\"_ _18\"> </span>out. </span><span style=\"display:inherit;clear:left;\">Reserves <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>ong-tailed ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>subjec<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>iscounting <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>in\ufb02ation risk<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>These <span class=\"_ _0\"></span>risks <span class=\"_ _1\"></span>are managed <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hrough <span class=\"_ _1\"></span>groups </span><span style=\"display:inherit;clear:left;\">assets portf<span class=\"_ _0\"></span>olio matching th<span class=\"_ _2\"></span>e financial risks.  </span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"_ _2\"></span>analysis of <span class=\"_ _2\"></span><span class=\"wsaa\">c</span>laims i<span class=\"wsa3\">n </span>the insurance business </span><span style=\"display:inherit;clear:left;\">The following table shows the impact of a 1% change in claim amounts, the claims provision and premiums on the </span><span style=\"display:inherit;clear:left;\">Group's profit or loss and equity<span class=\"_ _1\"></span>. A 1% decrease in claim amounts would have the same e<span class=\"ff52\">ff</span>ect but in the opposite </span><span style=\"display:inherit;clear:left;\">directio<span class=\"_ _2\"></span>n. </span><span style=\"display:inherit;clear:left;position:relative;height:68.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0039062px; width: 118.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.6748px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.6445px; width: 552.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ounts ...................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.6445px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.853</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">169.095</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 38.0352px; width: 549.786px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claims provision ................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 38.0352px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">200.221</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">196.812</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.457px; width: 550.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iums based on no change in claims and cost ratios .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 54.457px; width: 119.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.884</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.2813px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.028</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>main <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>factors <span class=\"_ _2\"></span>involve <span class=\"_ _2\"></span>mistakes <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>processing <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>settlement <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>claims, <span class=\"_ _2\"></span>wrong <span class=\"_ _2\"></span>decision-making <span class=\"_ _13\"></span>or <span class=\"_ _2\"></span>fraud </span><span style=\"display:inherit;clear:left;\">by <span class=\"_ _2\"></span>employees. <span class=\"_ _13\"></span>There <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>also <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claimant <span class=\"_ _2\"></span>gives <span class=\"_ _13\"></span>wrong <span class=\"_ _2\"></span>information <span class=\"_ _13\"></span>or <span class=\"_ _2\"></span>exaggerates <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>e<span class=\"ff53\">ff</span>ects <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>loss, </span><span style=\"display:inherit;clear:left;\">i.e. <span class=\"_\"> </span>insurance <span class=\"_\"> </span>fraud. <span class=\"_ _17\"> </span>Other <span class=\"_\"> </span>risks <span class=\"_\"> </span>relate <span class=\"_ _17\"> </span>to <span class=\"_\"> </span>the <span class=\"_\"> </span>handling <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>sensitive <span class=\"_\"> </span>personal <span class=\"_ _17\"> </span>information <span class=\"_\"> </span>and <span class=\"_\"> </span>that <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>Group's</span><span style=\"display:inherit;clear:left;\">contractors will go beyond their purview.</span><span style=\"display:inherit;clear:left;\">35.9 Cre<span class=\"_ _0\"></span>dit and count<span class=\"_ _0\"></span>erpart<span class=\"_ _0\"></span>y risk </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>three <span class=\"_ _14\"></span>pillars: <span class=\"_ _13\"></span>insurance<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>servi<span class=\"_ _2\"></span>ces <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>nve<span class=\"_ _0\"></span>stments. <span class=\"_ _13\"></span>Credit <span class=\"_ _14\"></span>risk </span><span style=\"display:inherit;clear:left;\">exists <span class=\"_\"> </span>in <span class=\"_\"> </span>all <span class=\"_ _17\"> </span>three <span class=\"_ _17\"> </span>pillars <span class=\"_\"> </span>a<span class=\"_ _2\"></span>nd <span class=\"_\"> </span>i<span class=\"_ _2\"></span>s <span class=\"_\"> </span>mitigated <span class=\"_\"> </span>usin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>vario<span class=\"_ _2\"></span>us <span class=\"_\"> </span>approaches, <span class=\"_\"> </span>inclu<span class=\"_ _2\"></span>ding <span class=\"_\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_\"> </span>mon<span class=\"_ _2\"></span>itoring <span class=\"_\"> </span>of <span class=\"_\"> </span>c<span class=\"_ _2\"></span>ounterparty </span><span style=\"display:inherit;clear:left;\">exposu<span class=\"_ _0\"></span>res, <span class=\"_ _17\"> </span>collater<span class=\"_ _0\"></span>als, <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_\"> </span>rating<span class=\"_ _0\"></span>s. <span class=\"_ _17\"> </span>Internal <span class=\"_ _17\"> </span>c<span class=\"_ _2\"></span>redit <span class=\"_ _17\"> </span>policies <span class=\"_ _17\"> </span>spec<span class=\"_ _2\"></span>ify <span class=\"_ _1c\"> </span>constraints <span class=\"_\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>credit <span class=\"_ _17\"> </span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>new<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">customers. <span class=\"_ _2\"></span>Credit <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sociated <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>stems<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>mainly <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>unpaid <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>remiums, <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>miti<span class=\"_ _2\"></span>ga<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>short </span><span style=\"display:inherit;clear:left;\">maturities, <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>expos<span class=\"_ _0\"></span>ures, <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>mitigated <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>high <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>edit <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>counterparties. <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">Group considers c<span class=\"_ _2\"></span>ounterparty r<span class=\"_ _2\"></span>isk to be <span class=\"_ _2\"></span>a form <span class=\"_ _2\"></span>of credit r<span class=\"_ _2\"></span>isk and t<span class=\"_ _2\"></span>herefore these risks <span class=\"_ _2\"></span>are presented together <span class=\"_ _2\"></span>in this </span><span style=\"display:inherit;clear:left;\">note<span class=\"_ _0\"></span>.   </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>components of <span class=\"_ _2\"></span>credit and counterparty risks are the following: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of loss or unforeseeable c<span class=\"_ _2\"></span>hange in financial position d<span class=\"_ _2\"></span>ue to a cou<span class=\"_ _0\"></span>nterpart<span class=\"_ _2\"></span>y's lower r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of lower ra<span class=\"_ _0\"></span>ting of a bo<span class=\"_ _2\"></span>nd issuer (spread risk)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>The risk that a coun<span class=\"_ _2\"></span>terparty cannot meet a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>actual obligation </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>so<span class=\"_ _0\"></span>urces of counterparty risk are:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Primary i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Reinsurance</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Lendin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Investments in debt securities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Bank deposits</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Derivatives</span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s counterparty risk is <span class=\"_ _2\"></span>regularly monitored. </span><span style=\"display:inherit;clear:left;\">Counterparty risk is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:133.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0136718px; width: 151.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2168px; width: 558.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instrume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nts, credit rating A .......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 21.2168px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.391.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.542.71</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.5605px; width: 550.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instruments, c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit rating BBB</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 37.5605px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.021.934</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.779.718</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7324px; width: 552.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other mar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ketable securities ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 53.7324px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.659.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.648.39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 70.0918px; width: 550.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance receivables ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 634.109px; top: 70.0918px; width: 94.4238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">102.180</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.4355px; width: 552.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 86.4355px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.807.731</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.795px; width: 552.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 102.795px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.154px; width: 552.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 119.154px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.916.528</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.202.69</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span></span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws13f\">e </span>Group'<span class=\"_ _0\"></span><span class=\"ws13f\">s <span class=\"ws0\">maximu<span class=\"ws140\">m </span>exposu<span class=\"ws135\">re </span>t<span class=\"_ _0\"></span><span class=\"ws141\">o <span class=\"ws0\">counterpa<span class=\"ws142\">rty </span>ris<span class=\"_ _2\"></span><span class=\"ws143\">k </span>correspond<span class=\"ws92\">s </span>t<span class=\"ws144\">o <span class=\"wsc2\">the </span></span>carry<span class=\"_ _2\"></span>ing amount<span class=\"ws145\">s </span>di<span class=\"_ _2\"></span>sclose<span class=\"ws146\">d </span>abo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>.</span></span></span></span></span><span style=\"display:inherit;clear:left;\">35.9 a. Reinsur<span class=\"_ _0\"></span>anc<span class=\"ws147\">e </span>counte<span class=\"_ _0\"></span>rparty risk </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>counterpa<span class=\"ws148\">rty </span>risk </span><span style=\"display:inherit;clear:left;\">Reinsurers' <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>among <span class=\"_ _13\"></span>other <span class=\"_ _13\"></span>things <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>do <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>meet <span class=\"_ _13\"></span>their <span class=\"_ _13\"></span>obligations <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>payin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span>ir <span class=\"_ _13\"></span>share <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>reinsurance <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>adequate, <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>mismatch <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>primary <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsurance </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _1c\"> </span>di<span class=\"ff54\">ff</span>erent <span class=\"_ _1c\"> </span>interpretation <span class=\"_ _15\"> </span>between <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>insurer <span class=\"_ _15\"> </span>and <span class=\"_ _17\"> </span>the <span class=\"_ _15\"> </span>reinsurer <span class=\"_ _17\"> </span>regarding <span class=\"_ _15\"> </span>the <span class=\"_ _17\"> </span>reinsurance <span class=\"_ _15\"> </span>agreement. <span class=\"_ _1c\"> </span>The </span><span style=\"display:inherit;clear:left;\">Group's reinsurance policy stipulates that its reinsurers shall have a rating from an international rating agency.  </span><span style=\"display:inherit;clear:left;\">Limits<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls57 ws14b\"> </span>regar<span class=\"_ _0\"></span>ding<span class=\"ls57 ws14c\"> </span>reinsurance<span class=\"ls56 ws149\"> </span>from<span class=\"ls58 ws149\"> </span>each<span class=\"ls59 ws149\"> </span>ind<span class=\"_ _2\"></span>ivid<span class=\"_ _2\"></span>ual<span class=\"ls57 ws14b\"> </span>r<span class=\"_ _0\"></span>einsure<span class=\"ls5a\">r</span>.<span class=\"ls56 ws149\"> </span>Ratings<span class=\"ls56 ws14a\"> </span>requirements<span class=\"ls56 ws149\"> </span>dep<span class=\"_ _2\"></span>end<span class=\"ls56 ws149\"> </span>on<span class=\"ls59 ws149\"> </span>the </span><span style=\"display:inherit;clear:left;\">estimated <span class=\"_ _2\"></span>settlem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>per<span class=\"_ _2\"></span>iod <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act. <span class=\"_ _2\"></span>In<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>addit<span class=\"_ _2\"></span>ion, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>number<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>reinsurers <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>contract <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>maximum <span class=\"_\"> </span>risk <span class=\"_\"> </span>exposure <span class=\"_\"> </span>of <span class=\"_\"> </span>each <span class=\"_\"> </span>reinsurer <span class=\"_\"> </span>is <span class=\"_\"> </span>based <span class=\"_\"> </span>on <span class=\"_\"> </span>that <span class=\"_\"> </span>reinsurer's <span class=\"_\"> </span>rating. <span class=\"_\"> </span>All <span class=\"_\"> </span>sensitivities <span class=\"_\"> </span>presented <span class=\"_\"> </span>in </span><span style=\"display:inherit;clear:left;\">connection <span class=\"_ _2\"></span>with insurance <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>reinsurance risk <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>shown <span class=\"_ _2\"></span>after the <span class=\"_ _2\"></span>e<span class=\"ff55\">ff</span>ect <span class=\"_ _2\"></span>of reinsurance. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>applied 1% <span class=\"_ _2\"></span>stress <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">claims<span class=\"ls5b ws14d\"> </span>amounts<span class=\"ls5b ws14e\"> </span>re\ufb02ec<span class=\"_ _2\"></span>ts<span class=\"ls5c ws14f\"> </span>management\u2019<span class=\"_ _0\"></span>s<span class=\"ls19 ws14f\"> </span>ass<span class=\"_ _0\"></span>essment<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls5c ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls19 ws150\"> </span>risk<span class=\"ls19 ws150\"> </span>profile<span class=\"ls5b ws14d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls19 ws14f\"> </span>portfolio<span class=\"ls5b ws14d\"> </span>comp<span class=\"_ _2\"></span>osition,<span class=\"ls5c ws14f\"> </span>and<span class=\"ls5b ws14d\"> </span>i<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">intended<span class=\"_ _2\"></span> to illustrat<span class=\"_ _0\"></span>e the <span class=\"_ _2\"></span>impact of <span class=\"_ _2\"></span>reasonable <span class=\"_ _2\"></span>changes in <span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>ey in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance ri<span class=\"_ _2\"></span>sk par<span class=\"_ _0\"></span>ameters. The <span class=\"_ _2\"></span>following table <span class=\"_ _2\"></span>sho<span class=\"_ _0\"></span>ws </span><span style=\"display:inherit;clear:left;\">the disag<span class=\"_ _2\"></span>grega<span class=\"_ _0\"></span>tion of <span class=\"_ _2\"></span>premiums to reinsurers based on thei<span class=\"_ _2\"></span>r latest available cred<span class=\"_ _2\"></span>it r<span class=\"_ _0\"></span>ating. </span><span style=\"display:inherit;clear:left;position:relative;height:133.9375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0136718px; width: 117.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.5762px; width: 551.385px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA+ ....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 21.0449px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,8%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.9355px; width: 551.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 37.4043px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.1074px; width: 551.73px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA- .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 53.748px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">42,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4668px; width: 549.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A+ ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 70.1074px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8262px; width: 549.58px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A ........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 86.4512px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.17px; width: 550.295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A- .......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 102.623px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 602.109px; top: 119.701px; width: 130.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">35.9 b<span class=\"_ _0\"></span>. Cred<span class=\"_ _0\"></span>it risk of fina<span class=\"_ _0\"></span>ncial activitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Large exposur<span class=\"_ _0\"></span>es of the ban<span class=\"_ _2\"></span>k before risk adjusted mitigation </span><span style=\"display:inherit;clear:left;position:relative;height:137.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.484px; top: 0.0097656px; width: 250.544px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.227px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 393.516px; top: 16.5879px; width: 331.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.2098px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9488px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9813px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.8535px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10-20% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 37.8535px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 54.4316px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20-25% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 54.4316px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.0254px; width: 359.127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exceeding 25% of capital base ..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 71.0254px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 90.4785px; width: 357.878px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 90.4785px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 123.65px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -734.428px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Large exposure net of risk a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">djusted mitigation ..........................</span></span></span><span style=\"display:inherit;clear:left;\">Collater<span class=\"_ _0\"></span>al against exposures to derivatives </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _15\"> </span>Group <span class=\"_ _1c\"> </span>applies <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>same <span class=\"_ _15\"> </span>valuation <span class=\"_ _1c\"> </span>methods <span class=\"_ _15\"> </span>to <span class=\"_ _15\"> </span>collateral <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>as <span class=\"_ _15\"> </span>other <span class=\"_ _15\"> </span>comparable <span class=\"_ _15\"> </span>assets <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>by <span class=\"_ _15\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group. Haircuts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>applied to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>market value <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>collateral <span class=\"_ _2\"></span>for liquidity <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>other factors <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>may a<span class=\"ff56\">ff</span>ect <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">applied collateral value of the asset. </span><span style=\"display:inherit;clear:left;position:relative;height:294.423828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 0.0039062px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 18.6934px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 34.8965px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.2812px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 51.2715px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.748px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 73.2246px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">178.688</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.133</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">268.494</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716.315</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 88.123px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 89.6152px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">107.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">99.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.955.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.56</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.311</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.545px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.719px; top: 105.99px; width: 304.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.706</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 122.193px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.162</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.226.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.28</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.332</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 162.191px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 180.881px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 197.256px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.641px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 213.631px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.232px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 232.709px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">173.112</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.761</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">495.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">849.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.436px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 248.912px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.239.908</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.426.416</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 263.811px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 265.287px; width: 282.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.6034px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.2071px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 281.678px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">359.262</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.420.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.097</span></span></span><span style=\"display:inherit;clear:left;\">Management regu<span class=\"_ _0\"></span>larly monitors <span class=\"_ _0\"></span>the development of <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets rela<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>credit risk, <span class=\"_ _0\"></span>and the <span class=\"_ _0\"></span>company <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>implemen<span class=\"_ _2\"></span>ted </span><span style=\"display:inherit;clear:left;\">polic<span class=\"_ _2\"></span>ies <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>rules <span class=\"_ _14\"></span>aim<span class=\"_ _2\"></span>ed <span class=\"_ _18\"></span>at <span class=\"_ _13\"></span>m<span class=\"_ _2\"></span>inimizing <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>ik<span class=\"_ _0\"></span>elihood <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>credit <span class=\"_ _18\"></span>loss<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>by<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>e.g., <span class=\"_ _14\"></span>im<span class=\"_ _2\"></span>posing <span class=\"_ _14\"></span>stricter <span class=\"_ _18\"></span>requirements <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">security an<span class=\"_ _2\"></span>d choosing <span class=\"_ _2\"></span>counterparties d<span class=\"_ _2\"></span>iligently<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>e und<span class=\"_ _2\"></span>erlyin<span class=\"_ _2\"></span>g collater<span class=\"_ _0\"></span>al is n<span class=\"_ _2\"></span>ot taken into <span class=\"_ _2\"></span>account w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>estimating </span><span style=\"display:inherit;clear:left;\">the maximum c<span class=\"_ _2\"></span>redit risk. </span><span style=\"display:inherit;clear:left;\">The maxim<span class=\"_ _2\"></span>um e<span class=\"_ _0\"></span>xposure to credit risk corresponds to the <span class=\"_ _2\"></span>carrying amounts d<span class=\"_ _2\"></span>isclos<span class=\"_ _0\"></span>ed bel<span class=\"_ _2\"></span>ow: </span><span style=\"display:inherit;clear:left;position:relative;height:101.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0039062px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2695px; width: 552.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.2695px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 550.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents) ...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 37.6602px; width: 143.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0508px; width: 550.702px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 54.0508px; width: 143.763px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1769px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 550.358px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 70.457px; width: 151.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5621px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 87.0195px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.832.486</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.034.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span></span></span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ash <span class=\"_ _2\"></span>eq<span class=\"_ _2\"></span>uivalents <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>bank <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>eposits <span class=\"_ _2\"></span>with<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>institutions <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>ban<span class=\"_ _2\"></span>k <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsiders <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _13\"></span>trustworthy<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>also <span class=\"_ _14\"></span>mostly <span class=\"_ _14\"></span>insured, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>manageme<span class=\"_ _2\"></span>nt <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>herefor<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>assesse<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>it <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>eq<span class=\"_ _2\"></span>uivalent <span class=\"_ _14\"></span>as </span><span style=\"display:inherit;clear:left;\">being insignificant. <span class=\"_ _2\"></span>Securities c<span class=\"_ _2\"></span>onsist of government bonds and governmen<span class=\"_ _2\"></span>t bills wher<span class=\"_ _0\"></span>e the credit risk is consid<span class=\"_ _2\"></span>ered </span><span style=\"display:inherit;clear:left;\">insignificant. <span class=\"_ _16\"> </span>Management <span class=\"_\"> </span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses <span class=\"_ _18\"> </span>credit<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>due <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>ac<span class=\"_ _2\"></span>counts <span class=\"_ _18\"> </span>receivable, <span class=\"_ _18\"> </span>other<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>receivables<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>receivables <span class=\"_ _18\"> </span>from </span><span style=\"display:inherit;clear:left;\">related entit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>customers on<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>case-by-case<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>basis based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>indiv<span class=\"_ _2\"></span>idual customers and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">there are relatively few debtors<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>tables <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elow <span class=\"_ _13\"></span>sho<span class=\"_ _0\"></span>w <span class=\"_ _13\"></span>changes <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>type <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _2\"></span>asset <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>level <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>9<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>model. </span><span style=\"display:inherit;clear:left;\">Changes <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>Stage<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>Sta<span class=\"_ _2\"></span>ge <span class=\"_ _0\"></span>2 <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ccur <span class=\"_ _0\"></span>when <span class=\"_ _0\"></span>there <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>increase <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>credit risk<span class=\"_ _0\"></span>. A <span class=\"_ _1\"></span>reasses<span class=\"_ _0\"></span>sment <span class=\"_ _0\"></span>from </span><span style=\"display:inherit;clear:left;\">Stage1 <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>2 <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>St<span class=\"_ _2\"></span>age<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>3 <span class=\"_ _14\"></span>occurs <span class=\"_ _13\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>there <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>an <span class=\"_ _14\"></span>objective <span class=\"_ _14\"></span>indication <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>impairmen<span class=\"_ _2\"></span>t. <span class=\"_ _13\"></span>Reassessment <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>Stage <span class=\"_ _13\"></span>3 </span><span style=\"display:inherit;clear:left;\">occur when<span class=\"_ _2\"></span> there <span class=\"_ _2\"></span>is no longer <span class=\"_ _2\"></span>an obje<span class=\"_ _2\"></span>ctive indication <span class=\"_ _2\"></span>of impairment <span class=\"_ _2\"></span>or when <span class=\"_ _2\"></span>the credit <span class=\"_ _2\"></span>risk has dec<span class=\"_ _2\"></span>reased and is <span class=\"_ _2\"></span>no </span><span style=\"display:inherit;clear:left;\">longer con<span class=\"_ _2\"></span>sidered to have significantly increased <span class=\"_ _2\"></span>since the initial classification (from Stage 2 to Stage 1). </span><span style=\"display:inherit;clear:left;position:relative;height:100.234375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.688px; top: 0.0078125px; width: 116.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0477px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.516px; top: 16.2422px; width: 151.905px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6191px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.5078px; width: 546.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carryov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> prior ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 37.5078px; width: 124.735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7266px; width: 545.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reassessm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent of expected credit loss ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.719px; top: 53.7266px; width: 117.626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.9609px; width: 546.126px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Final loss ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 626.812px; top: 69.9609px; width: 93.1533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.1797px; width: 543.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total provisions at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 86.3672px; width: 124.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span><span style=\"display:inherit;clear:left;\">A total of 417 m ISK were classified in<span class=\"_ _2\"></span> Stage 2 as of 31 De<span class=\"_ _2\"></span>cember 2025. </span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below show<span class=\"_ _0\"></span>s the nominal<span class=\"_ _2\"></span> value of financial assets and wr<span class=\"_ _2\"></span>ite-downs by age (number<span class=\"_ _2\"></span> of days past maturity) </span><span style=\"display:inherit;clear:left;\">and classification: </span><span style=\"display:inherit;clear:left;position:relative;height:133.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0039062px; width: 228.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.987px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expect</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.5084px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oked</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 16.3945px; width: 245.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value of claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.426px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">balance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.4727px; width: 453.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 37.4727px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.8789px; width: 453.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2695px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 31-60 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6758px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 61-90 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.066px; width: 452.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default &gt;90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 119.457px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span></span><span style=\"display:inherit;clear:left;\">On <span class=\"ws141\">and <span class=\"ff57 ws0\">off</span><span class=\"ws99\"> <span class=\"ws151\">balance <span class=\"ws113\">sheet <span class=\"ws152\">exposure <span class=\"ws153\">for <span class=\"ws0\">Fossar </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">The maximum exposure to credit risk for on<span class=\"ff38\">\u2011</span>balance sheet and o<span class=\"_ _2\"></span><span class=\"ff58\">ff<span class=\"ff38\">\u2011</span></span>balance sheet items, for the Bank, before taking </span><span style=\"display:inherit;clear:left;\">int<span class=\"ws153\">o </span>accoun<span class=\"ws154\">t </span>an<span class=\"ws155\">y </span>collatera<span class=\"ws154\">l </span>hel<span class=\"wsaf\">d </span>o<span class=\"ws156\">r </span>othe<span class=\"_ _2\"></span><span class=\"ws157\">r </span>credi<span class=\"ws25\">t </span>enhanc<span class=\"_ _2\"></span>ements<span class=\"wsc\">, </span>i<span class=\"ws92\">s </span>specifie<span class=\"wsb6\">d </span>as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:330.580078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 63.8496px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.765px; font-family: ff13; -webkit-text-stroke: 0.191475px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 12.4824px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 28.8887px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.5137px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.7324px; width: 727.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">323.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">420.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.517.934</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.123px; width: 727.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.441px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.867px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.3574px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.748px; width: 727.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.855px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.467</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.967px; width: 727.752px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">820.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.809.067</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.403.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.484px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 196.857px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 213.248px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.701px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.107px; width: 727.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.053.173</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.311px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.465px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">783.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.096.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.717px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 299.936px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.461px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 316.342px; width: 727.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">963.101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.131.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.103.580</span></span></span><span style=\"display:inherit;clear:left;\">35.10 Cre<span class=\"_ _0\"></span>dit quality of fi<span class=\"_ _0\"></span>nancial ass<span class=\"_ _0\"></span>ets </span><span style=\"display:inherit;clear:left;\"> <span class=\"fc6\">a. Brea<span class=\"_ _0\"></span>kdo<span class=\"_ _0\"></span>wn of loans t<span class=\"_ _0\"></span>o cus<span class=\"_ _0\"></span>tomers b<span class=\"_ _0\"></span>y industry and type of colla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral.<span class=\"_ _0\"></span> </span></span><span style=\"display:inherit;clear:left;\">      <span class=\"fs47\">Collater<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> under the categor<span class=\"_ _2\"></span>y Other is co<span class=\"_ _2\"></span>mprised mostly of land<span class=\"_ _2\"></span> under development <span class=\"_ _2\"></span>bu<span class=\"_ _0\"></span>t also includes machi<span class=\"_ _2\"></span>ner<span class=\"_ _2\"></span>y and receivables. </span></span><span style=\"display:inherit;clear:left;position:relative;height:531.73046875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 568.094px; top: 0.0039062px; width: 96.8127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llocated collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.109px; top: 21.5156px; width: 391.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.518px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Listed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0157px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unlisted</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 35.1875px; width: 521.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">o expected</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.334px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.4845px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.14508px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.43424px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Commercial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2227px; width: 53.0973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 48.6875px; width: 571.331px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4678px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6829px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">collateral</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.674px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liquid fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">other funds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">real estate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Othe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.6875px; width: 65.4384px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public entities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.1875px; width: 95.5119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.875px; width: 47.1846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 107.547px; width: 794.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Real estate activities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.993px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.993.210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(12.268)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.8082px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.980.941</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.380.842</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5353px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.532.853</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2941px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.600</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.357.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 121.047px; width: 794.796px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.545px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">484.381</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(189)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">484.192</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.733.715</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2223px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">228.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.020.715</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 134.734px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Service activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.258px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.5049px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 148.406px; width: 794.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accommodat. and Food Service Activit.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">201.804</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(108)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">201.696</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.83</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5353px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.175</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.052.437</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">780.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 161.906px; width: 794.755px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Activities of Holding Companies</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7459px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.62</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.698px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">623)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.625.917</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.87</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.492</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.176</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.405.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.541.510</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.335.850</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.120.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 175.594px; width: 794.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">holesale and Retail Trade</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.242px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7122px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 189.266px; width: 795.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.782px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.548.016</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">254)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.543.762</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.161.793</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.207</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">401.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.194.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">638.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.598.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">059</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.766px; width: 44.8289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individual</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.953px; width: 815.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.09px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 9.03611px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.985.454</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">236.947</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.339.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3966px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.017.594</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.131.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.838.059</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 568.094px; top: 303.848px; width: 96.8127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llocated collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.109px; top: 325.172px; width: 391.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.518px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Listed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0157px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unlisted</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 338.844px; width: 521.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">o expected</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.334px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.4845px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.14508px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.43424px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Commercial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 353.879px; width: 53.0973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 352.344px; width: 571.331px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4678px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6829px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">collateral</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.674px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liquid fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">other funds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">real estate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Othe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 370.344px; width: 65.4384px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public entities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 384.031px; width: 95.5119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 397.531px; width: 47.1846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 411.203px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Real estate activities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.993px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.129.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">540)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.123.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.188.322</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.937.682</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.701.940</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.427.900</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 424.891px; width: 795.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.545px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.363</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(634)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">253.729</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.55</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.250</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2223px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.264.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7046px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">250</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 438.391px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Service activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.258px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.5049px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 452.062px; width: 794.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accommodat. and Food Service Activit.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">235.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(649)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">234.375</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.55</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.091</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 465.75px; width: 794.954px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Activities of Holding Companies</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7459px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.07</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6853px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.607)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.076.603</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.988.212</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.078</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.479.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.896.226</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">569.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">853.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">690</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 479.25px; width: 794.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">holesale and Retail Trade</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.242px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7122px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 492.922px; width: 795.03px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.782px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.193.089</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">385)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.191.704</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.956.928</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">250.299</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">860.829</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">185.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">540.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 506.609px; width: 44.8289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individual</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 521.609px; width: 815.669px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.021px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.244.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">440.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">377</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.729</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.457.161</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.179.940</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.888.840</span></span></span></span><span style=\"display:inherit;clear:left;\">b<span class=\"_ _0\"></span>.<span class=\"_ _1d\"> </span>Credit quality of<span class=\"_ _0\"></span> loans t<span class=\"_ _0\"></span>o customer<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>y credit qu<span class=\"_ _0\"></span>ality ba<span class=\"_ _0\"></span>nd</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>following tabl<span class=\"_ _2\"></span>es show <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets subjec<span class=\"_ _2\"></span>t to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairment<span class=\"_ _2\"></span> requirement<span class=\"_ _2\"></span>s of <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>brok<span class=\"_ _0\"></span>en <span class=\"_ _2\"></span>down <span class=\"_ _2\"></span>by credit </span><span style=\"display:inherit;clear:left;\">quality <span class=\"_ _18\"> </span>bands <span class=\"_ _14\"></span>where <span class=\"_ _18\"></span>band <span class=\"_ _14\"></span>I <span class=\"_ _18\"> </span>denotes <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>lowest <span class=\"_ _14\"></span>and <span class=\"_ _18\"></span>band <span class=\"_ _14\"></span>I<span class=\"_ _2\"></span>V <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>highest <span class=\"_ _14\"></span>credit <span class=\"_ _14\"></span>r<span class=\"_ _2\"></span>isk. <span class=\"_ _14\"></span>The <span class=\"_ _18\"> </span>Bank <span class=\"_ _18\"></span>has <span class=\"_ _14\"></span>primari<span class=\"_ _2\"></span>ly <span class=\"_ _14\"></span>used </span><span style=\"display:inherit;clear:left;\">adjusted e<span class=\"_ _0\"></span>xternal <span class=\"_ _0\"></span>credit r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>asse<span class=\"_ _0\"></span>ss <span class=\"_ _0\"></span>the def<span class=\"_ _0\"></span>ault <span class=\"_ _0\"></span>probability of <span class=\"_ _0\"></span>its <span class=\"_ _0\"></span>customers<span class=\"_ _0\"></span>. The <span class=\"_ _1\"></span>Bank\u2019<span class=\"_ _0\"></span>s <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>mpairment model us<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">ext<span class=\"_ _0\"></span>ernal <span class=\"_ _14\"></span>credit<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _13\"></span>as <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>it<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>main <span class=\"_ _14\"></span>inputs, <span class=\"_ _14\"></span>while <span class=\"_ _14\"></span>LGD <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>based <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>internal <span class=\"_ _14\"></span>estimates <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _13\"></span>take <span class=\"_ _13\"></span>into <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">management judg<span class=\"_ _2\"></span>ement as well as economic<span class=\"_ _2\"></span> outlook. </span><span style=\"display:inherit;clear:left;\"> <span class=\"fs8\">Credit quality of financial assets by credit quality band </span></span><span style=\"display:inherit;clear:left;position:relative;height:398.826171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 62.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff13; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.1523px; width: 691.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 273.504px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 40.668px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band I .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 40.668px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.922.861</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.922.861</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 56.6836px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band II </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 56.6836px; width: 319.453px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.163.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56.381</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.219.687</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 72.5273px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band III</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.641px; top: 72.5273px; width: 309.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">340.165</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">575.911</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 88.3711px; width: 348.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> band IV .......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 407.875px; top: 88.3711px; width: 302.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.483</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">125.00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.492</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.199px; width: 350.59px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">In default ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 438.594px; top: 104.199px; width: 270.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 120.043px; width: 349.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Rated ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 438.594px; top: 120.043px; width: 270.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 136.059px; width: 349.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross car</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing amount ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.359px; top: 136.059px; width: 326.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.436.813</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.853.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 151.902px; width: 348.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 152.074px; width: 310.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(11.342)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.100)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 170.434px; width: 350.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Book value ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.359px; top: 170.434px; width: 326.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.425.472</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.037</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.836.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">08</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 214.545px; width: 62.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff13; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.684px; width: 691.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 273.504px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 255.199px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band I .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 255.199px; width: 319.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.760.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">60.750</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 271.215px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band II </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.641px; top: 271.215px; width: 309.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">130.086</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">130.086</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 287.059px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band III</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 302.887px; width: 348.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> band IV .......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 318.73px; width: 350.59px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">In default ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 334.746px; width: 349.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Rated ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 350.59px; width: 349.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross car</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing amount ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 350.59px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890.836</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 366.418px; width: 348.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 366.605px; width: 310.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.951px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 384.965px; width: 350.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Book value ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 384.965px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span></span><span style=\"display:inherit;clear:left;\">c<span class=\"_ _0\"></span>.<span class=\"_ _1d\"> </span>Break<span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>own of lo<span class=\"_ _0\"></span>ans to cust<span class=\"_ _0\"></span>omers<span class=\"_ _0\"></span> into not pas<span class=\"_ _0\"></span>t due and pas<span class=\"_ _0\"></span>t due</span><span style=\"display:inherit;clear:left;position:relative;height:400.6875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.96484px; width: 60.7148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff13; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.328px; top: 0.0097656px; width: 128.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 476.406px; top: 18.0254px; width: 215.062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit lo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9277px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Book value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.7129px; width: 438.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not past due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.297px; top: 40.7129px; width: 226.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5567px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9004px; width: 436.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 77.0879px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 31-60 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 95.1035px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 61-90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 113.291px; width: 436.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 91-180 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 131.479px; width: 436.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 181-360 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 149.666px; width: 436.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due more than 360 days .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 167.666px; width: 436.828px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.297px; top: 167.666px; width: 226.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5567px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 221.48px; width: 60.7148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff13; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.328px; top: 219.525px; width: 128.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 476.406px; top: 237.541px; width: 215.062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit lo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9277px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Book value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 260.229px; width: 438.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not past due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.016px; top: 260.229px; width: 219.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 278.416px; width: 436.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 296.604px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 31-60 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 314.791px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 61-90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 332.807px; width: 436.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 91-180 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 350.994px; width: 436.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 181-360 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 369.182px; width: 436.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due more than 360 days .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.016px; top: 387.197px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -691.357px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total .........................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">d.<span class=\"_ _d\"> </span>Al<span class=\"_ _0\"></span>lowance<span class=\"_ _0\"></span> <span class=\"_ _23\"> </span>for <span class=\"_ _23\"> </span>ex<span class=\"_ _0\"></span>pecte<span class=\"_ _0\"></span>d <span class=\"_ _23\"> </span>credit <span class=\"_ _23\"> </span>loss <span class=\"_ _e\"> </span>on <span class=\"_ _24\"> </span>lo<span class=\"_ _0\"></span>ans <span class=\"_ _23\"> </span>to <span class=\"_ _23\"> </span>customers<span class=\"_ _0\"></span> <span class=\"_ _23\"> </span>and <span class=\"_ _e\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _23\"> </span>loan <span class=\"_ _23\"> </span>commitment<span class=\"_ _0\"></span>s,</span><span style=\"display:inherit;clear:left;\">guar<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>es and unuse<span class=\"_ _0\"></span>d credit f<span class=\"_ _0\"></span>acilities duri<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>riod</span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>following <span class=\"_\"> </span>tables <span class=\"_\"> </span>show <span class=\"_ _17\"> </span>changes <span class=\"_\"> </span>in <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>e<span class=\"_ _0\"></span>xpec<span class=\"_ _2\"></span>ted <span class=\"_\"> </span>credit <span class=\"_ _17\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_\"> </span>allowance <span class=\"_\"> </span>of <span class=\"_\"> </span>loa<span class=\"_ _2\"></span>ns <span class=\"_\"> </span>to <span class=\"_\"> </span>customers <span class=\"_\"> </span>and <span class=\"_\"> </span>for <span class=\"_\"> </span>loan </span><span style=\"display:inherit;clear:left;\">commitmen<span class=\"_ _2\"></span>ts, guar<span class=\"_ _1\"></span>ante<span class=\"_ _2\"></span>es and unused credit facilities during the p<span class=\"_ _2\"></span>eriod. </span><span style=\"display:inherit;clear:left;position:relative;height:412.869140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 60.2461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.3789px; width: 190.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss allowance total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.1602px; width: 669.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of financial assets:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stag</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.0879px; width: 166.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 1 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.203px; top: 64.1445px; width: 292.828px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 79.4102px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 1  ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 79.457px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 94.7227px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 2 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 94.7539px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 110.16px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 3 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 110.238px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 125.457px; width: 338.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">easurement of loss allowance ........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 125.535px; width: 285.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.037</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.916px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.139</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 140.941px; width: 339.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New financial assets, originated or purchased ............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 141.02px; width: 285.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.512</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">464</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.916px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.976</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 156.254px; width: 339.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derecognitions and maturities .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.734px; top: 156.332px; width: 294.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.488)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.951px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.488)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 171.723px; width: 28.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rite</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 29.3438px; top: 170.57px; width: 4.01367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff38; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u2011</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 33.6562px; top: 171.77px; width: 306.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">offs .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 191.52px; width: 687.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.876</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.4279px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.442</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.838px; width: 60.2461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.91px; width: 669.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of financial assets:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stag</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 276.01px; width: 166.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 1 January 2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 273.707px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 288.941px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 1  ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 289.02px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 304.426px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 2 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 304.504px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 319.723px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 3 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 319.801px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 335.207px; width: 338.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">easurement of loss allowance ........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 335.285px; width: 285.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.646</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.646</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 350.504px; width: 339.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New financial assets, originated or purchased ............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 350.582px; width: 285.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.169</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.169</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 366.066px; width: 339.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derecognitions and maturities .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 381.363px; width: 28.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rite</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 29.3438px; top: 380.273px; width: 4.01367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff38; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u2011</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 33.6562px; top: 381.285px; width: 306.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">offs .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 401.254px; width: 687.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.4279px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span></span><span style=\"display:inherit;clear:left;\">e<span class=\"_ _0\"></span>.<span class=\"_\"> </span>Loan-to-value</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>oan<span class=\"ff38\">\u2011</span>to<span class=\"ff38\">\u2011</span>value <span class=\"_ _2\"></span>ra<span class=\"_ _0\"></span>tio <span class=\"_ _2\"></span>(L<span class=\"_ _1\"></span>T<span class=\"_ _2\"></span>V)<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>ra<span class=\"_ _0\"></span>tio <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>gross <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>loan <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ollat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al, <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>any<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">loans <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>ustomers <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Bank. <span class=\"_ _18\"> </span>Collater<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>position <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>itworthines<span class=\"_ _0\"></span>s <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>a <span class=\"_ _18\"> </span>customer <span class=\"_ _14\"></span>are <span class=\"_ _18\"></span>together </span><span style=\"display:inherit;clear:left;\">viewed as<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>most <span class=\"_ _0\"></span>reliable <span class=\"_ _0\"></span>indicator<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>credit <span class=\"_ _0\"></span>quality of <span class=\"_ _1\"></span>a <span class=\"_ _0\"></span>loan. <span class=\"_ _0\"></span>Besides <span class=\"_ _0\"></span>collater<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>included in <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>L<span class=\"_ _1\"></span>TV r<span class=\"_ _1\"></span>atios <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Bank </span><span style=\"display:inherit;clear:left;\">uses <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>mitigation <span class=\"_ _13\"></span>measures, <span class=\"_ _2\"></span>such<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>guarantees, <span class=\"_ _2\"></span>negative <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ledge<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>cro<span class=\"_ _0\"></span>ss<span class=\"ff38\">\u2011</span>collater<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>collateralization <span class=\"_ _13\"></span>of<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">non<span class=\"ff38\">\u2011</span>quantifiable<span class=\"_ _2\"></span> assets<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The breakdown of loans to cust<span class=\"_ _0\"></span>omers by L<span class=\"_ _1\"></span>TV <span class=\"_ _2\"></span>is specified <span class=\"_ _2\"></span>as fol<span class=\"_ _0\"></span>lows: </span><span style=\"display:inherit;clear:left;position:relative;height:186.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 0.0097656px; width: 319.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2754px; width: 364.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than 50% .............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 21.2754px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.520.710</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.642.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 37.8535px; width: 363.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">51-70% ........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 37.8535px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.055.787</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.696.008</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 54.2441px; width: 363.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">71-90% ........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 54.2441px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.260.012</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.504.511</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 70.8379px; width: 363.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">91-100% ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 70.8379px; width: 286.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 87.2285px; width: 363.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">101-125% ....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 87.2285px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.807px; width: 363.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">126-200% ....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 103.807px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 120.385px; width: 363.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Greater than 200% ......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 120.385px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 136.791px; width: 362.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No or negligible </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">collateral: ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 136.791px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.53125px; top: 153.369px; width: 359.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Other loans wit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">h no collateral ....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 153.369px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 172.65px; width: 365.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.812px; top: 172.65px; width: 343.482px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3438px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100%</span></span></span><span style=\"display:inherit;clear:left;\">35.11 Oper<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>onal risk </span><span style=\"display:inherit;clear:left;\">Operational <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>consists <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>all<span class=\"_ _13\"></span><span class=\"ls48 ws158\"> </span>risks <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>related <span class=\"_ _13\"></span>to <span class=\"_ _13\"></span>regular <span class=\"_ _13\"></span>operations <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>its <span class=\"_ _2\"></span>subsidiaries <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>is </span><span style=\"display:inherit;clear:left;\">defined<span class=\"ls5d ws159\"> </span>as <span class=\"_\"> </span>a <span class=\"_ _18\"> </span>risk <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>direct <span class=\"_\"> </span>or <span class=\"_ _16\"> </span>indirect <span class=\"_ _18\"> </span>loss <span class=\"_\"> </span>due <span class=\"_ _16\"> </span>to <span class=\"_ _16\"> </span>insu<span class=\"ff59\">ff</span>icient <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>faulty <span class=\"_ _18\"> </span>internal <span class=\"_\"> </span>systems <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>working <span class=\"_ _16\"> </span>procedures, </span><span style=\"display:inherit;clear:left;\">conduct of <span class=\"_ _2\"></span>employees <span class=\"_ _2\"></span>or external <span class=\"_ _2\"></span>factors, such <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>legal risk. <span class=\"_ _2\"></span>The Group's <span class=\"_ _2\"></span>policy <span class=\"_ _2\"></span>is to <span class=\"_ _2\"></span>reduce operational <span class=\"_ _2\"></span>risk, <span class=\"_ _2\"></span>taking </span><span style=\"display:inherit;clear:left;\">the cost and e<span class=\"ff5a\">ff</span>ectiveness of preventive measures into account. </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws13f\">e </span>mai<span class=\"wsc8\">n </span>co<span class=\"_ _2\"></span>mponent<span class=\"ws145\">s </span>o<span class=\"_ _2\"></span><span class=\"wsc8\">f </span>oper<span class=\"_ _0\"></span>ation<span class=\"wsc5\">al </span>ris<span class=\"ws15a\">k <span class=\"ws15b\">are <span class=\"wsc2\">the </span></span></span>following: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Organisa<span class=\"_ _0\"></span>tional struct<span class=\"_ _2\"></span>ur<span class=\"_ _0\"></span>e</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Documentation and c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Information technol<span class=\"_ _2\"></span>ogy</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Employees</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>External events </span><span style=\"display:inherit;clear:left;\">35.12 Concentr<span class=\"_ _1\"></span>ation of risk </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Group <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>exposed <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>concentration <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>arising <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>insurance <span class=\"_ _13\"></span>contracts <span class=\"_ _13\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>scope <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>IFRS <span class=\"_ _13\"></span>17, <span class=\"_ _2\"></span>which </span><span style=\"display:inherit;clear:left;\">could <span class=\"_\"> </span>result <span class=\"_\"> </span>in <span class=\"_\"> </span>significant <span class=\"_\"> </span>impacts <span class=\"_\"> </span>from <span class=\"_ _17\"> </span>specific <span class=\"_\"> </span>events <span class=\"_\"> </span>or <span class=\"_\"> </span>economic <span class=\"_ _17\"> </span>conditions <span class=\"_\"> </span>a<span class=\"ff5b\">ff</span>ecting <span class=\"_\"> </span>certain <span class=\"_ _17\"> </span>geographical </span><span style=\"display:inherit;clear:left;\">regions, insurance lines, or weather-related conditions. The primary sources of risk concentration include: </span><span style=\"display:inherit;clear:left;\">Geographical <span class=\"wsa8\">R</span>isk: Exposure <span class=\"ws126\">t</span>o regions prone <span class=\"ws154\">t</span>o <span class=\"wsc7\">na</span>tural disasters, economic <span class=\"_ _2\"></span>downturns, or regulatory <span class=\"wsab\">c</span>hanges. </span><span style=\"display:inherit;clear:left;\">Lines <span class=\"_ _14\"></span>o<span class=\"ws15c\">f </span>Insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _14\"></span>Risk: <span class=\"_ _18\"> </span>De<span class=\"_ _2\"></span>pendence <span class=\"_ _18\"> </span>on <span class=\"_ _14\"></span>spe<span class=\"_ _2\"></span>cific <span class=\"_ _14\"></span>insurance <span class=\"_ _14\"></span>products <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _13\"></span>may <span class=\"_ _18\"> </span>be <span class=\"_ _18\"> </span>susceptible <span class=\"_ _18\"> </span>to <span class=\"_ _14\"></span>adverse <span class=\"_ _14\"></span>clai<span class=\"_ _2\"></span>ms </span><span style=\"display:inherit;clear:left;\">experience. </span><span style=\"display:inherit;clear:left;\">Wea<span class=\"_ _0\"></span>ther<span class=\"_ _0\"></span>-Related <span class=\"_ _2\"></span>Risk: <span class=\"_ _2\"></span>Increased<span class=\"_ _2\"></span> exposure to <span class=\"_ _2\"></span>extreme <span class=\"_ _2\"></span>weather <span class=\"_ _2\"></span>events <span class=\"_ _2\"></span>such <span class=\"_ _2\"></span>as severe <span class=\"_ _2\"></span>storms, \ufb02oo<span class=\"_ _2\"></span>ds, and<span class=\"_ _2\"></span> wil<span class=\"_ _2\"></span>dfires<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">as<span class=\"ls24 ws8d\"> </span>well<span class=\"ls5e ws94\"> </span>as<span class=\"ls24 ws8d\"> </span>severe<span class=\"_ _0\"></span><span class=\"ls24 ws8d\"> <span class=\"ls0 ws0\">winter</span> <span class=\"ls0 ws0\">condit<span class=\"_ _2\"></span>ions</span> <span class=\"ls0 ws0\">leading</span><span class=\"ls5f\"> <span class=\"ls0 ws0\">to</span></span> <span class=\"ls0 ws0\">higher<span class=\"_ _2\"></span></span> <span class=\"ls0 ws0\">incidences</span> <span class=\"ls0 ws0\">of<span class=\"_ _2\"></span></span><span class=\"ls60\"> <span class=\"ls0 ws0\">car</span><span class=\"ls61\"> <span class=\"ls0 ws0\">accidents</span></span></span> <span class=\"ls0 ws0\">and</span> <span class=\"ls0 ws0\">storm<span class=\"_ _2\"></span>s</span> <span class=\"ls0 ws0\">causing</span><span class=\"ls62\"> <span class=\"ls0 ws0\">property </span></span></span></span><span style=\"display:inherit;clear:left;\">damage. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _1b\"> </span>Group <span class=\"_ _1b\"> </span>ac<span class=\"_ _2\"></span>tively <span class=\"_ _1b\"> </span>manages <span class=\"_ _1b\"> </span>th<span class=\"_ _2\"></span>ese <span class=\"_ _8\"> </span>r<span class=\"_ _2\"></span>isks <span class=\"_ _1b\"> </span>through <span class=\"_ _1b\"> </span>di<span class=\"_ _2\"></span>versifica<span class=\"_ _0\"></span>tion <span class=\"_ _1b\"> </span>strategie<span class=\"_ _0\"></span>s, <span class=\"_ _1b\"> </span>reinsurance <span class=\"_ _1b\"> </span>arrangements, <span class=\"_ _8\"> </span>a<span class=\"_ _2\"></span>nd </span><span style=\"display:inherit;clear:left;\">under<span class=\"_ _2\"></span>writing <span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>licies <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>mitigate <span class=\"_ _2\"></span>potential <span class=\"_ _13\"></span>financial <span class=\"_ _2\"></span>imp<span class=\"_ _2\"></span>acts. <span class=\"_ _2\"></span>Sensit<span class=\"_ _2\"></span>ivity <span class=\"_ _13\"></span>analyses <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>stre<span class=\"_ _0\"></span>ss <span class=\"_ _2\"></span>testing <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>conducted </span><span style=\"display:inherit;clear:left;\">regularly to asse<span class=\"_ _0\"></span>ss the resilienc<span class=\"_ _2\"></span>e of the por<span class=\"_ _2\"></span>tf<span class=\"_ _0\"></span>olio against risk concen<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>ations<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">35.13 Internal ma<span class=\"_ _0\"></span>nagement <span class=\"_ _0\"></span>and control </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s policy <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>to h<span class=\"_ _2\"></span>ave <span class=\"_ _2\"></span>a well-organized an<span class=\"_ _2\"></span>d rel<span class=\"_ _2\"></span>iable internal<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>ontrol framework. The <span class=\"_ _2\"></span>framew<span class=\"_ _0\"></span>ork <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>articulated </span><span style=\"display:inherit;clear:left;\">by <span class=\"_\"> </span>the <span class=\"_\"> </span>Board, <span class=\"_\"> </span>the <span class=\"_\"> </span>subsid<span class=\"_ _2\"></span>iaries <span class=\"_\"> </span>Board\u2019<span class=\"_ _1\"></span>s, <span class=\"_\"> </span>their <span class=\"_\"> </span>managem<span class=\"_ _2\"></span>ent <span class=\"_\"> </span>and <span class=\"_\"> </span>emp<span class=\"_ _2\"></span>loyees<span class=\"_ _0\"></span> <span class=\"_\"> </span>and <span class=\"_\"> </span>i<span class=\"_ _2\"></span>s <span class=\"_\"> </span>designed <span class=\"_\"> </span>to <span class=\"_ _17\"> </span>give <span class=\"_\"> </span>reasonable </span><span style=\"display:inherit;clear:left;\">assu<span class=\"_ _0\"></span>rance of the achievem<span class=\"_ _2\"></span>ent of the Group'<span class=\"_ _0\"></span>s objectives on: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Performance and <span class=\"_ _2\"></span><span class=\"wsa8\">e</span><span class=\"ff5c\">ff</span>iciency of operations <span class=\"ws15d\">(operational</span></span><span style=\"display:inherit;clear:left;\">targets)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Reliability <span class=\"wsab\">of </span>information <span class=\"_ _2\"></span>data (accurate information target)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Compliance with laws <span class=\"_ _2\"></span>and <span class=\"wsa8\">regulations </span>(compliance target)</span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>o <span class=\"_ _0\"></span>achieve those <span class=\"_ _0\"></span>objectives<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>oup<span class=\"_ _0\"></span>'s <span class=\"_ _0\"></span>internal management <span class=\"_ _0\"></span>and control <span class=\"_ _0\"></span>sy<span class=\"_ _0\"></span>stems <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>divided into <span class=\"_ _0\"></span>the fol<span class=\"_ _0\"></span>lowing <span class=\"_ _0\"></span>five </span><span style=\"display:inherit;clear:left;\">componen<span class=\"_ _2\"></span>ts: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Control environment</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk assessment</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Control procedures</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Information and c<span class=\"_ _2\"></span>ommunication</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Management <span class=\"_ _2\"></span>controls </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>p<span class=\"_ _2\"></span>olicy <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>COSO<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>(Committee <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>Spon<span class=\"_ _2\"></span>soring <span class=\"_ _13\"></span>Organisa<span class=\"_ _0\"></span>tions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>T<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eadway <span class=\"_ _14\"></span>Commission) <span class=\"_ _13\"></span>Internal </span><span style=\"display:inherit;clear:left;\">Control\u2013 Integr<span class=\"_ _0\"></span>ated Fr<span class=\"_ _1\"></span>amewo<span class=\"_ _2\"></span>rk, published in May<span class=\"_ _2\"></span> 2013. </span><span style=\"display:inherit;clear:left;\">Internal <span class=\"_\"> </span>management <span class=\"_ _16\"> </span>and <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ontrol <span class=\"_ _16\"> </span>are <span class=\"_ _18\"> </span>re\ufb02ected <span class=\"_\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _16\"> </span>and <span class=\"_ _16\"> </span>subs<span class=\"_ _0\"></span>idiaries\u2019<span class=\"_ _1\"></span> <span class=\"_\"> </span>procedures<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>pr<span class=\"_ _0\"></span>actices, <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ode <span class=\"_ _16\"> </span>of </span><span style=\"display:inherit;clear:left;\">conduct and human <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ources<span class=\"_ _0\"></span> policy<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>It is<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>normal part <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>the Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>activities <span class=\"_ _0\"></span>and is <span class=\"_ _0\"></span>integr<span class=\"_ _1\"></span>ated with its <span class=\"_ _0\"></span>oper<span class=\"_ _0\"></span>ations.<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">However<span class=\"_ _3\"></span>, <span class=\"_ _2\"></span>internal <span class=\"_ _2\"></span>managem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>control <span class=\"_ _2\"></span>are subjec<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>to human <span class=\"_ _2\"></span>limitations <span class=\"_ _2\"></span>such <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>mistakes and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>intentio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>to </span><span style=\"display:inherit;clear:left;\">circumve<span class=\"_ _0\"></span>nt the <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up's<span class=\"_ _0\"></span> rules and ot<span class=\"_ _2\"></span>her unfore<span class=\"_ _0\"></span>seeable factors.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__101": {
   "value": "<span style=\"display:inherit;clear:left;\">35.3 Mark<span class=\"_ _0\"></span>et risk </span><span style=\"display:inherit;clear:left;\">Mark<span class=\"_ _0\"></span>et <span class=\"_ _14\"></span>ris<span class=\"_ _2\"></span>k <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _14\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>l<span class=\"_ _2\"></span>oss <span class=\"_ _13\"></span>or <span class=\"_ _18\"> </span>unfavour<span class=\"_ _1\"></span>abl<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>change <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>po<span class=\"_ _2\"></span>sition, <span class=\"_ _14\"></span>wh<span class=\"_ _2\"></span>ich <span class=\"_ _14\"></span>arise <span class=\"_ _18\"> </span>directly <span class=\"_ _18\"></span>or <span class=\"_ _14\"></span>indirectly <span class=\"_ _14\"></span>from </span><span style=\"display:inherit;clear:left;\">\ufb02uctuations in the mar<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>et value o<span class=\"_ _2\"></span>f assets<span class=\"_ _0\"></span>, provisions and financ<span class=\"_ _2\"></span>ial instruments. </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>mark<span class=\"_ _0\"></span>et risk factors that are specifically con<span class=\"_ _2\"></span>sidered: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Interest r<span class=\"_ _1\"></span>ate risk</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Equity risk</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Foreign ex<span class=\"_ _0\"></span>change r<span class=\"_ _0\"></span>ate risk</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__102": {
   "value": "<span style=\"display:inherit;clear:left;\">35.6 For<span class=\"_ _0\"></span>eign e<span class=\"_ _0\"></span>xcha<span class=\"_ _0\"></span>nge r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e risk </span><span style=\"display:inherit;clear:left;\">For<span class=\"_ _0\"></span>eign <span class=\"_ _2\"></span>ex<span class=\"_ _0\"></span>change <span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>risk is<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>loss from <span class=\"_ _2\"></span>\ufb02uctuations <span class=\"_ _2\"></span>in t<span class=\"_ _2\"></span>he exchange rate<span class=\"_ _0\"></span>s o<span class=\"_ _2\"></span>f foreign <span class=\"_ _2\"></span>currencies. It <span class=\"_ _2\"></span>arises if </span><span style=\"display:inherit;clear:left;\">there is a mismatch in position<span class=\"_ _2\"></span> of assets and liabilities in indiv<span class=\"_ _2\"></span>idual for<span class=\"_ _0\"></span>eign currencies.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _14\"></span>major<span class=\"_ _2\"></span>ity <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Gr<span class=\"_ _0\"></span>oup'<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>assets <span class=\"_ _14\"></span>and <span class=\"_ _18\"> </span>liabilities <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>denomin<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _14\"></span>in <span class=\"_ _14\"></span>I<span class=\"_ _2\"></span>SK, <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>also <span class=\"_ _14\"></span>hold<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>som<span class=\"_ _2\"></span>e <span class=\"_ _13\"></span>foreign </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _1c\"> </span>assets. <span class=\"_ _1c\"> </span>Information <span class=\"_ _1c\"> </span>regarding <span class=\"_ _1c\"> </span>those <span class=\"_ _1c\"> </span>foreign <span class=\"_ _1c\"> </span>currencies <span class=\"_ _1c\"> </span>that <span class=\"_ _1c\"> </span>have <span class=\"_ _15\"> </span>the <span class=\"_ _1c\"> </span>large<span class=\"_ _0\"></span>st <span class=\"_ _1c\"> </span>impact <span class=\"_ _15\"> </span>on <span class=\"_ _17\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_ _1c\"> </span>Group'<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">opera<span class=\"_ _0\"></span>tions is provided b<span class=\"_ _2\"></span>elow<span class=\"_ _1\"></span>.  </span><span style=\"display:inherit;clear:left;position:relative;height:314.271484375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.201172px; width: 250.899px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign exchange rate risk as</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 0.0136718px; width: 238.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8081px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41738px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.2094px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">et position</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 21.4199px; width: 456.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 21.2168px; width: 148.63px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.474.990</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.690</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 21.2637px; width: 60.5719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.460.300 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 37.7637px; width: 456.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 37.6387px; width: 130.819px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">74.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.494</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 37.6387px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">62.071 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 53.9355px; width: 456.595px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 53.8262px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">46.402</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 53.8418px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">46.402 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 70.2949px; width: 455.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.906px; top: 70.2168px; width: 219.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.353</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.3609px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(40.793)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 86.6543px; width: 454.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ..............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.523488px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 86.5762px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.567</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 86.6074px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.567 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 102.998px; width: 455.171px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 102.967px; width: 130.978px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.575</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.6347px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 695.812px; top: 102.982px; width: 42.7615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.575 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 119.357px; width: 454.483px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 119.357px; width: 239.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.659.659</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.4019px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">71.538</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9327px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.588.122</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.41px; width: 250.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Foreign exchange rate risk as</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> at 31.12.202</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 180.52px; width: 237.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Net position</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 201.676px; width: 456.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 201.785px; width: 148.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.201.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">08.316</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 201.77px; width: 60.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.492.731 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 218.066px; width: 456.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 218.145px; width: 148.852px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.863.022</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">62.171</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 678.344px; top: 218.145px; width: 60.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.200.851 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 234.457px; width: 456.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509.312px; top: 234.52px; width: 226.717px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">54.079</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">34.644</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">180.565)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 250.848px; width: 455.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 500.953px; top: 250.91px; width: 138.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">786.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 688.688px; top: 250.91px; width: 49.8809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">786.331 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 267.254px; width: 454.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ..............................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 500.953px; top: 267.285px; width: 138.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">856.231</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 688.688px; top: 267.285px; width: 49.8809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">856.231 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 283.645px; width: 455.092px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 514.906px; top: 283.66px; width: 123.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.829</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.7324px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 702.047px; top: 283.66px; width: 35.6191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.829 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 300.035px; width: 454.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .......................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.328px; top: 300.035px; width: 239.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.767.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.605.131</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.162.408</span></span></span><span style=\"display:inherit;clear:left;\">Sensitivity <span class=\"ws0\">analysis<span class=\"ff4 fs2a ws102\"> </span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>following <span class=\"_ _18\"> </span>table <span class=\"_\"> </span>discloses <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>e<span class=\"ff4a\">ff</span>ect <span class=\"_\"> </span>of <span class=\"_ _16\"> </span>5% <span class=\"_ _16\"> </span>and <span class=\"_ _16\"> </span>10% <span class=\"_ _16\"> </span>strengthening <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>ISK <span class=\"_ _16\"> </span>against <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>respective <span class=\"_ _16\"> </span>foreign </span><span style=\"display:inherit;clear:left;\">currencies<span class=\"ls4a ws108\"> </span>on<span class=\"lse wscc\"> </span>profit<span class=\"lse wscc\"> </span>or<span class=\"ls4a ws108\"> </span>loss<span class=\"_ _2\"></span><span class=\"ls4a ws108\"> </span>and<span class=\"ls4a ws108\"> </span>equit<span class=\"ls10\">y</span>.<span class=\"ls4b ws109\"> </span>The<span class=\"ls4a ws108\"> </span>an<span class=\"_ _2\"></span>alysis<span class=\"ls4a ws108\"> </span>is<span class=\"ls4a ws108\"> </span>based<span class=\"ls4a wsc9\"> </span>on<span class=\"_ _2\"></span><span class=\"ls3a wsce\"> </span>the<span class=\"ls4b wsd0\"> </span>carr<span class=\"_ _2\"></span>ying<span class=\"ls4c ws10a\"> </span>amount<span class=\"ls4a ws108\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4a wsc9\"> </span>assets<span class=\"ls4b ws109\"> </span>and<span class=\"ls3a wsce\"> </span>liabiliti<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">denomi<span class=\"_ _2\"></span>nated in those currencies at the repo<span class=\"_ _2\"></span>rting date<span class=\"_ _0\"></span>. The t<span class=\"_ _2\"></span>able above discloses those foreign assets and liabi<span class=\"_ _2\"></span>lities </span><span style=\"display:inherit;clear:left;\">on which <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>sensitivity <span class=\"_ _2\"></span>analysis is <span class=\"_ _2\"></span>based, <span class=\"_ _2\"></span>which are <span class=\"_ _2\"></span>mainly <span class=\"_ _2\"></span>foreign <span class=\"_ _2\"></span>denominated securities. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>sensitivity <span class=\"_ _2\"></span>analysis </span><span style=\"display:inherit;clear:left;\">is based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the assumption <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>all other <span class=\"_ _2\"></span>variables <span class=\"_ _2\"></span>remain constant. <span class=\"_ _2\"></span>It <span class=\"_ _2\"></span>is based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>pre-tax e<span class=\"ff4b\">ff</span>ects, <span class=\"_ _2\"></span>20% <span class=\"_ _2\"></span>income tax, </span><span style=\"display:inherit;clear:left;\">and re\ufb02ects the <span class=\"_ _0\"></span>impact on profit <span class=\"_ _0\"></span>or los<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>and equit<span class=\"ls10\">y</span>. The negative <span class=\"_ _0\"></span>impact on profit <span class=\"_ _0\"></span>or loss <span class=\"_ _0\"></span>and equity is <span class=\"_ _0\"></span>the same since </span><span style=\"display:inherit;clear:left;\">value changes of the<span class=\"_ _2\"></span> under<span class=\"_ _2\"></span>lying financial inst<span class=\"_ _2\"></span>ruments are in no<span class=\"_ _2\"></span> instances recognised<span class=\"_ _2\"></span> directly in e<span class=\"_ _2\"></span>quit<span class=\"ls10\">y</span>. </span><span style=\"display:inherit;clear:left;\">Impac<span class=\"ws10b\">t </span>o<span class=\"wsfa\">n </span>pro<span class=\"wsc5\">fit </span>o<span class=\"ws10c\">r </span>los<span class=\"wsc\">s </span>a<span class=\"wsc7\">nd </span>equity </span><span style=\"display:inherit;clear:left;position:relative;height:133.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 427.75px; top: 0.0039062px; width: 64.1426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 0.0039062px; width: 64.1426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 16.4102px; width: 303.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.5665px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 357.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 413.094px; top: 37.6602px; width: 315.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">58.412</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.625px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">116.824</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">139.709</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">279.418</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0664px; width: 357.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EUR ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 54.0664px; width: 308.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.483</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.966</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.034</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">96.068</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 357.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GBP ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 70.457px; width: 313.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.856</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.712</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.494px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(7.223)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.248px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(14.445)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8477px; width: 356.432px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DKK ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 416.172px; top: 86.8477px; width: 313.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(1.632)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.1502px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.26</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.453</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">62.906</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.254px; width: 354.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">NOK ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 103.254px; width: 308.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.823</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.249</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.498</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.645px; width: 355.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">SEK ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 430.922px; top: 119.645px; width: 298.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">583</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7284px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">273</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.8287px; font-family: ff12; -webkit-text-stroke: 0.19243px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">546</span></span></span><span style=\"display:inherit;clear:left;\">A weak<span class=\"_ _0\"></span>ening of the <span class=\"_ _2\"></span>ISK against the above ment<span class=\"_ _2\"></span>ioned foreign curr<span class=\"_ _0\"></span>encies would have a positive im<span class=\"_ _2\"></span>pact on profit and </span><span style=\"display:inherit;clear:left;\">equity<span class=\"_ _1\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__103": {
   "value": "<span style=\"display:inherit;clear:left;\">35.7 Liquidity risk<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Liquidity risk is the risk that the Group will not have enough liquid assets or not being able to sell assets in time and </span><span style=\"display:inherit;clear:left;\">therefore encounter di<span class=\"ff4c\">ff</span>iculty in meeting its <span class=\"_ _2\"></span>financial obligations when due. </span><span style=\"display:inherit;clear:left;\">The liquidity<span class=\"_ _2\"></span> po<span class=\"_ _0\"></span>sition,<span class=\"_ _2\"></span> i<span class=\"_ _0\"></span>ts development as well a<span class=\"_ _0\"></span>s the impact of <span class=\"_ _0\"></span>market conditions and future o<span class=\"_ _0\"></span>utlook is monitored on </span><span style=\"display:inherit;clear:left;\">a <span class=\"_ _16\"> </span>regular<span class=\"ls3a wsce\"> </span>basis.<span class=\"ls4d ws10d\"> </span>P<span class=\"_ _1\"></span>arti<span class=\"_ _2\"></span>cular<span class=\"ls3a ws10e\"> </span>emphasis<span class=\"ls4e ws10f\"> </span>i<span class=\"_ _2\"></span>s<span class=\"ls4e ws110\"> </span>plac<span class=\"_ _2\"></span>ed<span class=\"ls4e ws110\"> </span>on<span class=\"lse ws111\"> </span>the<span class=\"_ _2\"></span>re<span class=\"ls4d ws112\"> </span>being<span class=\"ls4c wse\"> </span>al<span class=\"_ _2\"></span>ways<span class=\"ls3a wsce\"> </span>adequate<span class=\"ls4d ws112\"> </span>liquid<span class=\"ls4e ws110\"> </span>assets<span class=\"ls4e ws10f\"> </span>to<span class=\"ls4e ws110\"> </span>m<span class=\"_ _2\"></span>eet<span class=\"ls4e ws110\"> </span>expected<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">payments <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>both <span class=\"_ _13\"></span>claims <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>othe<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>liabilit<span class=\"_ _2\"></span>ies.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group's expec<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>paymen<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>very<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>well <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>overed by <span class=\"_ _13\"></span>its <span class=\"_ _2\"></span>liquid<span class=\"_ _2\"></span>ity </span><span style=\"display:inherit;clear:left;\">position. The Group'<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>policy on <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets <span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>o have <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>a minimum enough <span class=\"_ _0\"></span>liquid<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>assets, <span class=\"_ _0\"></span>including<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>access <span class=\"_ _0\"></span>to credit </span><span style=\"display:inherit;clear:left;\">lines, <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>cover <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>operating <span class=\"_ _18\"></span>costs <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>parent <span class=\"_ _14\"></span>company <span class=\"_ _14\"></span>for <span class=\"_ _14\"></span>3 <span class=\"_ _18\"></span>months, <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>addition <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>at <span class=\"_ _14\"></span>least <span class=\"_ _18\"></span>ISK <span class=\"_ _14\"></span>500 <span class=\"_ _14\"></span>million <span class=\"_ _18\"></span>to </span><span style=\"display:inherit;clear:left;\">support <span class=\"_ _13\"></span>subsidiaries <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>they <span class=\"_ _13\"></span>run <span class=\"_ _13\"></span>into <span class=\"_ _2\"></span>di<span class=\"ff4d\">ff</span>iculties. <span class=\"_ _13\"></span>It <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>part <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>policy <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>each <span class=\"_ _13\"></span>subsidiary <span class=\"_ _13\"></span>adheres <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">its own liquidity risk policy<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Expecte<span class=\"wsc7\">d </span>cash \ufb02ow<span class=\"wsc\">s <span class=\"wsec\">of </span></span>liabil<span class=\"_ _2\"></span>i<span class=\"ws113\">ties </span>i<span class=\"wsc\">s </span>specifie<span class=\"wsc7\">d </span>a<span class=\"ws114\">s </span>follows: </span><span style=\"display:inherit;clear:left;position:relative;height:226.828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 0.0117187px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 13.6836px; width: 709.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 32.0117px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 31.8398px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.415.422</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.372.127</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.787.549</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 45.8555px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 45.6836px; width: 286.822px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">203.796</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.059.643</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 59.5117px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 59.3555px; width: 286.811px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">230.072</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.090.985</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.705px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.321.057</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.26562px; top: 73.3555px; width: 398.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payable </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">and other short-term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> liabili</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties ........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 435.812px; top: 73.1992px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.158.530</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.158.530</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 87.0273px; width: 399.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 86.8711px; width: 301.371px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.007.821</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.278.861</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.040.097</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.326.779</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 126.027px; width: 30.3984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.668px; width: 709.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.459px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 159.824px; width: 398.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lities ........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 159.824px; width: 301.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.718.281</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.032.539</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.750.819</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 173.496px; width: 400.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Subordinated bond</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> .......................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 173.496px; width: 286.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">194.648</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">781.84</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.913.937</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 187.34px; width: 400.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y .......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.........................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 444.328px; top: 187.34px; width: 286.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">204.774</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">204.05</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.435px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">408.833</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 200.996px; width: 399.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accounts payabl</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e and other short-term liabilities* .......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 434.281px; top: 200.996px; width: 295.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.445.671</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.08px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.445.671</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 428.938px; top: 214.84px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">18.563.374</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.018.441</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.8027px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.937.446</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.6914px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.519.260</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -728.4px; width: 0px; font-size: 10.7643px; font-family: ff12; -webkit-text-stroke: 0.161464px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total .............................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised. Fo<span class=\"_ _0\"></span>r further details, ref<span class=\"_ _0\"></span>er to Note 2.</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>following <span class=\"_ _14\"></span>table <span class=\"_ _14\"></span>provides <span class=\"_ _14\"></span>a <span class=\"_ _18\"></span>maturity <span class=\"_ _14\"></span>analysis <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group\u00b4s <span class=\"_ _14\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>respect <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts, <span class=\"_ _14\"></span>which </span><span style=\"display:inherit;clear:left;\">re\ufb02ects the d<span class=\"_ _2\"></span>ate<span class=\"_ _0\"></span>s on which the <span class=\"_ _2\"></span>cash \ufb02ows ar<span class=\"_ _0\"></span>e expec<span class=\"_ _2\"></span>ted to occur<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Liabilities for remaining c<span class=\"_ _2\"></span>over<span class=\"_ _1\"></span>age me<span class=\"_ _2\"></span>asure<span class=\"_ _0\"></span>d un<span class=\"_ _2\"></span>der </span><span style=\"display:inherit;clear:left;\">the P<span class=\"_ _0\"></span>AA have been exc<span class=\"_ _0\"></span>luded from thi<span class=\"_ _2\"></span>s analysis.<span class=\"_ _0\"></span>  </span><span style=\"display:inherit;clear:left;position:relative;height:84.453125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 0.0097656px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 11.3223px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 26.2285px; width: 247.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es for incurred claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 26.2285px; width: 446.284px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.153.135</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.184.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">786</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.834.434</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.502.196</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">768.242</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">727.114</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.169.906</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 280.438px; top: 48.4941px; width: 25.2115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ithin</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.8066px; width: 715.397px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.788px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.501px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-2 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8828px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2-3 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3-4 ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ars</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524379px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-5 yea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.7883px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Over 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.6229px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 283.672px; top: 74.7129px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">13.665.350</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">586</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.4612px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.624.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8452px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.455.811</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2573px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">729.505</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.7221px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">705.832</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.0898px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.071.753</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -729.139px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.418091px; width: 0px; font-size: 8.89652px; font-family: ff12; -webkit-text-stroke: 0.133447px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">iabilities for incurred claims ......................................................</span></span></span><span style=\"display:inherit;clear:left;\">Liquidity risk o<span class=\"_ _2\"></span>f financial ser<span class=\"_ _2\"></span>vices activities is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>measur<span class=\"_ _0\"></span>e of the ba<span class=\"_ _2\"></span>nk'<span class=\"_ _0\"></span>s liquidit<span class=\"_ _2\"></span>y risk is the liq<span class=\"_ _2\"></span>uidity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio (L<span class=\"_ _0\"></span>CR) as defi<span class=\"_ _2\"></span>ned in Rules No. 1520/2022 </span><span style=\"display:inherit;clear:left;\">of the Central Bank of Icel<span class=\"_ _2\"></span>and and the bank adheres to pru<span class=\"_ _2\"></span>dent internal standards regarding the minim<span class=\"_ _2\"></span>um liquidity </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio. The bank's<span class=\"_ _0\"></span> liquid<span class=\"_ _2\"></span>ity cover<span class=\"_ _0\"></span>age r<span class=\"_ _0\"></span>atio was 417% on 31.12.2025, <span class=\"_ _2\"></span>while the min<span class=\"_ _2\"></span>imum liquidity<span class=\"_ _2\"></span> cover<span class=\"_ _1\"></span>age </span><span style=\"display:inherit;clear:left;\">r<span class=\"_ _0\"></span>atio according to the CBI's rules is 100%.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Time analysis of assets and <span class=\"_ _2\"></span>liabilities in respect o<span class=\"_ _2\"></span>f Fos<span class=\"_ _1\"></span>sar financia<span class=\"_ _2\"></span>l liabilities and <span class=\"_ _2\"></span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">The tables <span class=\"_ _0\"></span>show <span class=\"_ _0\"></span>non-d<span class=\"_ _2\"></span>iscounted contr<span class=\"_ _0\"></span>actual intere<span class=\"_ _0\"></span>st <span class=\"_ _0\"></span>and principal payments <span class=\"_ _0\"></span>in re<span class=\"_ _0\"></span>spect of <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>ssar <span class=\"_ _0\"></span>financial liabilities </span><span style=\"display:inherit;clear:left;\">and assets<span class=\"_ _0\"></span>. The aggrega<span class=\"_ _0\"></span>tes for <span class=\"_ _0\"></span>each liability and ass<span class=\"_ _0\"></span>et type are theref<span class=\"_ _0\"></span>ore higher than <span class=\"_ _0\"></span>the corresponding figure<span class=\"_ _0\"></span>s in the </span><span style=\"display:inherit;clear:left;\">consolidated <span class=\"_\"> </span>statement <span class=\"_\"> </span>of <span class=\"_\"> </span>financial <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>ition. <span class=\"_\"> </span>For <span class=\"_\"> </span>contractual <span class=\"_ _16\"> </span>obligations, <span class=\"_\"> </span>amounts <span class=\"_\"> </span>are <span class=\"_ _16\"> </span>brok<span class=\"_ _0\"></span>en <span class=\"_\"> </span>down <span class=\"_\"> </span>by <span class=\"_\"> </span>period </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on when contr<span class=\"_ _0\"></span>actual principal payments and estimated interes<span class=\"_ _0\"></span>t payments occur<span class=\"_ _1\"></span>. Liabilities which do n<span class=\"_ _2\"></span>ot </span><span style=\"display:inherit;clear:left;\">have <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _13\"></span>maturity <span class=\"_ _13\"></span>date <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>umption <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>cust<span class=\"_ _0\"></span>omer <span class=\"_ _13\"></span>will <span class=\"_ _13\"></span>dem<span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>payment </span><span style=\"display:inherit;clear:left;\">from the Group at the first opportunity<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:507.619140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0px; width: 118.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.83064px; font-family: ff12; -webkit-text-stroke: 0.14746px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 0.359375px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5938px; width: 732.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.104</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.364.104</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 29.0469px; width: 732.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.627px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.5px; width: 732.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.442.507</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.9375px; width: 733.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.41px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.984.478</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.688px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.445.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.287.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.047.280</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.5781px; width: 733.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.012.399</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">894.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0116px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">437.645</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.5196px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 79.0156px; width: 420.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.300.477</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.492.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.340.285</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.724.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.329.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.187.387</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 116.188px; width: 128.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 116.547px; width: 418.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0625px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7148px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4648px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 132.609px; width: 732.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">993.053</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.993.053</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.047px; width: 732.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.867px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.951.775</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.793px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.488.650</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.688px; width: 732.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.238px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.594px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.305.698</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.141px; width: 732.732px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.531px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750.473</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.473</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.578px; width: 732.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.047px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993.784</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.949px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">993</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.784</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 195.031px; width: 420.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">15.994.783</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.073.050</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.764.825</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0898px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.699.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.8534px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1933px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.531.658</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.109px; width: 732.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.694px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">305.694</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">418.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">575.460</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.819</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6797px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.32</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.760</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3145px; font-size: 9.78124px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.655.729</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 278.135px; width: 118.386px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 278.494px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.666px; width: 732.776px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current receivables .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.928px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.359.216</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 307.057px; width: 732.647px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.683px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.777</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.447px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 331.838px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities .........................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.432px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.338.280</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.52</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.539.308</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.004.580</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 344.244px; width: 732.823px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers ........</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.461.531</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.171.869</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">577.326</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.284.677</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 356.822px; width: 420.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">12.416.343</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.692.311</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.8346px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.116.634</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.7259px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.905.790</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 393.65px; width: 128.745px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities 31 December 2024:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 299.984px; top: 394.01px; width: 418.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0-3 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.2396px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4-6 months</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.8397px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7-12 m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">onths</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8313px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1-5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.6052px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">O</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ver 5 y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ears</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 410.182px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Money market deposits ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.386px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.140.691</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.3581px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.471px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.768.213</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 422.572px; width: 732.817px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Issued bonds and bills .....................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.165px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.5494px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.000.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.433px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.784px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.802.554</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.963px; width: 732.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings ......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.841px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.417881px; width: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.700.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 447.369px; width: 732.853px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.529px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.766px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.599</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 459.76px; width: 732.835px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities .................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.003px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 328.493px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.050.997</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 312.578px; top: 472.15px; width: 420.767px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">14.523.288</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.627.522</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.0856px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.2468px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.402.554</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6241px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.3004px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.553.364</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 497.119px; width: 732.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net position .....................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.29px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.106.944)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.5921px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.06</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.524116px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.789</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.8663px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.073.951</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(285.920)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.6224px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">606.551</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.9244px; font-size: 9.78127px; font-family: ff12; -webkit-text-stroke: 0.146719px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.352.426</span></span></span><span style=\"display:inherit;clear:left;\">*The pres<span class=\"_ _0\"></span>entation of compara<span class=\"_ _0\"></span>tive figures has been r<span class=\"_ _0\"></span>evised.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__108": {
   "value": "<span style=\"display:inherit;clear:left;\">35.9 Cre<span class=\"_ _0\"></span>dit and count<span class=\"_ _0\"></span>erpart<span class=\"_ _0\"></span>y risk </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>three <span class=\"_ _14\"></span>pillars: <span class=\"_ _13\"></span>insurance<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>servi<span class=\"_ _2\"></span>ces <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>nve<span class=\"_ _0\"></span>stments. <span class=\"_ _13\"></span>Credit <span class=\"_ _14\"></span>risk </span><span style=\"display:inherit;clear:left;\">exists <span class=\"_\"> </span>in <span class=\"_\"> </span>all <span class=\"_ _17\"> </span>three <span class=\"_ _17\"> </span>pillars <span class=\"_\"> </span>a<span class=\"_ _2\"></span>nd <span class=\"_\"> </span>i<span class=\"_ _2\"></span>s <span class=\"_\"> </span>mitigated <span class=\"_\"> </span>usin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>vario<span class=\"_ _2\"></span>us <span class=\"_\"> </span>approaches, <span class=\"_\"> </span>inclu<span class=\"_ _2\"></span>ding <span class=\"_\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_\"> </span>mon<span class=\"_ _2\"></span>itoring <span class=\"_\"> </span>of <span class=\"_\"> </span>c<span class=\"_ _2\"></span>ounterparty </span><span style=\"display:inherit;clear:left;\">exposu<span class=\"_ _0\"></span>res, <span class=\"_ _17\"> </span>collater<span class=\"_ _0\"></span>als, <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_\"> </span>rating<span class=\"_ _0\"></span>s. <span class=\"_ _17\"> </span>Internal <span class=\"_ _17\"> </span>c<span class=\"_ _2\"></span>redit <span class=\"_ _17\"> </span>policies <span class=\"_ _17\"> </span>spec<span class=\"_ _2\"></span>ify <span class=\"_ _1c\"> </span>constraints <span class=\"_\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>credit <span class=\"_ _17\"> </span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>new<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">customers. <span class=\"_ _2\"></span>Credit <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sociated <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>stems<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>mainly <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>unpaid <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>remiums, <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>miti<span class=\"_ _2\"></span>ga<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>short </span><span style=\"display:inherit;clear:left;\">maturities, <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>expos<span class=\"_ _0\"></span>ures, <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>mitigated <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>high <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>edit <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>counterparties. <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">Group considers c<span class=\"_ _2\"></span>ounterparty r<span class=\"_ _2\"></span>isk to be <span class=\"_ _2\"></span>a form <span class=\"_ _2\"></span>of credit r<span class=\"_ _2\"></span>isk and t<span class=\"_ _2\"></span>herefore these risks <span class=\"_ _2\"></span>are presented together <span class=\"_ _2\"></span>in this </span><span style=\"display:inherit;clear:left;\">note<span class=\"_ _0\"></span>.   </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>components of <span class=\"_ _2\"></span>credit and counterparty risks are the following: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of loss or unforeseeable c<span class=\"_ _2\"></span>hange in financial position d<span class=\"_ _2\"></span>ue to a cou<span class=\"_ _0\"></span>nterpart<span class=\"_ _2\"></span>y's lower r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of lower ra<span class=\"_ _0\"></span>ting of a bo<span class=\"_ _2\"></span>nd issuer (spread risk)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>The risk that a coun<span class=\"_ _2\"></span>terparty cannot meet a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>actual obligation </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>so<span class=\"_ _0\"></span>urces of counterparty risk are:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Primary i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Reinsurance</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Lendin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Investments in debt securities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Bank deposits</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Derivatives</span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s counterparty risk is <span class=\"_ _2\"></span>regularly monitored. </span><span style=\"display:inherit;clear:left;\">Counterparty risk is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:133.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0136718px; width: 151.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2168px; width: 558.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instrume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nts, credit rating A .......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 21.2168px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.391.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.542.71</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.5605px; width: 550.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instruments, c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit rating BBB</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 37.5605px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.021.934</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.779.718</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7324px; width: 552.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other mar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ketable securities ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 53.7324px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.659.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.648.39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 70.0918px; width: 550.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance receivables ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 634.109px; top: 70.0918px; width: 94.4238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">102.180</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.4355px; width: 552.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 86.4355px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.807.731</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.795px; width: 552.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 102.795px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.154px; width: 552.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 119.154px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.916.528</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.202.69</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span></span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws13f\">e </span>Group'<span class=\"_ _0\"></span><span class=\"ws13f\">s <span class=\"ws0\">maximu<span class=\"ws140\">m </span>exposu<span class=\"ws135\">re </span>t<span class=\"_ _0\"></span><span class=\"ws141\">o <span class=\"ws0\">counterpa<span class=\"ws142\">rty </span>ris<span class=\"_ _2\"></span><span class=\"ws143\">k </span>correspond<span class=\"ws92\">s </span>t<span class=\"ws144\">o <span class=\"wsc2\">the </span></span>carry<span class=\"_ _2\"></span>ing amount<span class=\"ws145\">s </span>di<span class=\"_ _2\"></span>sclose<span class=\"ws146\">d </span>abo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>.</span></span></span></span></span><span style=\"display:inherit;clear:left;\">35.9 a. Reinsur<span class=\"_ _0\"></span>anc<span class=\"ws147\">e </span>counte<span class=\"_ _0\"></span>rparty risk </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>counterpa<span class=\"ws148\">rty </span>risk </span><span style=\"display:inherit;clear:left;\">Reinsurers' <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>among <span class=\"_ _13\"></span>other <span class=\"_ _13\"></span>things <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>do <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>meet <span class=\"_ _13\"></span>their <span class=\"_ _13\"></span>obligations <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>payin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span>ir <span class=\"_ _13\"></span>share <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>reinsurance <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>adequate, <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>mismatch <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>primary <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsurance </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _1c\"> </span>di<span class=\"ff54\">ff</span>erent <span class=\"_ _1c\"> </span>interpretation <span class=\"_ _15\"> </span>between <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>insurer <span class=\"_ _15\"> </span>and <span class=\"_ _17\"> </span>the <span class=\"_ _15\"> </span>reinsurer <span class=\"_ _17\"> </span>regarding <span class=\"_ _15\"> </span>the <span class=\"_ _17\"> </span>reinsurance <span class=\"_ _15\"> </span>agreement. <span class=\"_ _1c\"> </span>The </span><span style=\"display:inherit;clear:left;\">Group's reinsurance policy stipulates that its reinsurers shall have a rating from an international rating agency.  </span><span style=\"display:inherit;clear:left;\">Limits<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls57 ws14b\"> </span>regar<span class=\"_ _0\"></span>ding<span class=\"ls57 ws14c\"> </span>reinsurance<span class=\"ls56 ws149\"> </span>from<span class=\"ls58 ws149\"> </span>each<span class=\"ls59 ws149\"> </span>ind<span class=\"_ _2\"></span>ivid<span class=\"_ _2\"></span>ual<span class=\"ls57 ws14b\"> </span>r<span class=\"_ _0\"></span>einsure<span class=\"ls5a\">r</span>.<span class=\"ls56 ws149\"> </span>Ratings<span class=\"ls56 ws14a\"> </span>requirements<span class=\"ls56 ws149\"> </span>dep<span class=\"_ _2\"></span>end<span class=\"ls56 ws149\"> </span>on<span class=\"ls59 ws149\"> </span>the </span><span style=\"display:inherit;clear:left;\">estimated <span class=\"_ _2\"></span>settlem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>per<span class=\"_ _2\"></span>iod <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act. <span class=\"_ _2\"></span>In<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>addit<span class=\"_ _2\"></span>ion, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>number<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>reinsurers <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>contract <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>maximum <span class=\"_\"> </span>risk <span class=\"_\"> </span>exposure <span class=\"_\"> </span>of <span class=\"_\"> </span>each <span class=\"_\"> </span>reinsurer <span class=\"_\"> </span>is <span class=\"_\"> </span>based <span class=\"_\"> </span>on <span class=\"_\"> </span>that <span class=\"_\"> </span>reinsurer's <span class=\"_\"> </span>rating. <span class=\"_\"> </span>All <span class=\"_\"> </span>sensitivities <span class=\"_\"> </span>presented <span class=\"_\"> </span>in </span><span style=\"display:inherit;clear:left;\">connection <span class=\"_ _2\"></span>with insurance <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>reinsurance risk <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>shown <span class=\"_ _2\"></span>after the <span class=\"_ _2\"></span>e<span class=\"ff55\">ff</span>ect <span class=\"_ _2\"></span>of reinsurance. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>applied 1% <span class=\"_ _2\"></span>stress <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">claims<span class=\"ls5b ws14d\"> </span>amounts<span class=\"ls5b ws14e\"> </span>re\ufb02ec<span class=\"_ _2\"></span>ts<span class=\"ls5c ws14f\"> </span>management\u2019<span class=\"_ _0\"></span>s<span class=\"ls19 ws14f\"> </span>ass<span class=\"_ _0\"></span>essment<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls5c ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls19 ws150\"> </span>risk<span class=\"ls19 ws150\"> </span>profile<span class=\"ls5b ws14d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls19 ws14f\"> </span>portfolio<span class=\"ls5b ws14d\"> </span>comp<span class=\"_ _2\"></span>osition,<span class=\"ls5c ws14f\"> </span>and<span class=\"ls5b ws14d\"> </span>i<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">intended<span class=\"_ _2\"></span> to illustrat<span class=\"_ _0\"></span>e the <span class=\"_ _2\"></span>impact of <span class=\"_ _2\"></span>reasonable <span class=\"_ _2\"></span>changes in <span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>ey in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance ri<span class=\"_ _2\"></span>sk par<span class=\"_ _0\"></span>ameters. The <span class=\"_ _2\"></span>following table <span class=\"_ _2\"></span>sho<span class=\"_ _0\"></span>ws </span><span style=\"display:inherit;clear:left;\">the disag<span class=\"_ _2\"></span>grega<span class=\"_ _0\"></span>tion of <span class=\"_ _2\"></span>premiums to reinsurers based on thei<span class=\"_ _2\"></span>r latest available cred<span class=\"_ _2\"></span>it r<span class=\"_ _0\"></span>ating. </span><span style=\"display:inherit;clear:left;position:relative;height:133.9375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0136718px; width: 117.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.5762px; width: 551.385px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA+ ....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 21.0449px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,8%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.9355px; width: 551.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 37.4043px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.1074px; width: 551.73px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA- .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 53.748px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">42,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4668px; width: 549.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A+ ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 70.1074px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8262px; width: 549.58px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A ........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 86.4512px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.17px; width: 550.295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A- .......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 102.623px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 602.109px; top: 119.701px; width: 130.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">35.9 b<span class=\"_ _0\"></span>. Cred<span class=\"_ _0\"></span>it risk of fina<span class=\"_ _0\"></span>ncial activitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Large exposur<span class=\"_ _0\"></span>es of the ban<span class=\"_ _2\"></span>k before risk adjusted mitigation </span><span style=\"display:inherit;clear:left;position:relative;height:137.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.484px; top: 0.0097656px; width: 250.544px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.227px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 393.516px; top: 16.5879px; width: 331.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.2098px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9488px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9813px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.8535px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10-20% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 37.8535px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 54.4316px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20-25% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 54.4316px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.0254px; width: 359.127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exceeding 25% of capital base ..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 71.0254px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 90.4785px; width: 357.878px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 90.4785px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 123.65px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -734.428px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Large exposure net of risk a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">djusted mitigation ..........................</span></span></span><span style=\"display:inherit;clear:left;\">Collater<span class=\"_ _0\"></span>al against exposures to derivatives </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _15\"> </span>Group <span class=\"_ _1c\"> </span>applies <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>same <span class=\"_ _15\"> </span>valuation <span class=\"_ _1c\"> </span>methods <span class=\"_ _15\"> </span>to <span class=\"_ _15\"> </span>collateral <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>as <span class=\"_ _15\"> </span>other <span class=\"_ _15\"> </span>comparable <span class=\"_ _15\"> </span>assets <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>by <span class=\"_ _15\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group. Haircuts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>applied to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>market value <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>collateral <span class=\"_ _2\"></span>for liquidity <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>other factors <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>may a<span class=\"ff56\">ff</span>ect <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">applied collateral value of the asset. </span><span style=\"display:inherit;clear:left;position:relative;height:294.423828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 0.0039062px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 18.6934px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 34.8965px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.2812px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 51.2715px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.748px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 73.2246px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">178.688</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.133</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">268.494</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716.315</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 88.123px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 89.6152px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">107.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">99.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.955.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.56</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.311</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.545px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.719px; top: 105.99px; width: 304.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.706</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 122.193px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.162</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.226.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.28</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.332</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 162.191px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 180.881px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 197.256px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.641px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 213.631px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.232px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 232.709px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">173.112</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.761</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">495.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">849.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.436px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 248.912px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.239.908</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.426.416</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 263.811px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 265.287px; width: 282.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.6034px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.2071px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 281.678px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">359.262</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.420.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.097</span></span></span><span style=\"display:inherit;clear:left;\">Management regu<span class=\"_ _0\"></span>larly monitors <span class=\"_ _0\"></span>the development of <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets rela<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>credit risk, <span class=\"_ _0\"></span>and the <span class=\"_ _0\"></span>company <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>implemen<span class=\"_ _2\"></span>ted </span><span style=\"display:inherit;clear:left;\">polic<span class=\"_ _2\"></span>ies <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>rules <span class=\"_ _14\"></span>aim<span class=\"_ _2\"></span>ed <span class=\"_ _18\"></span>at <span class=\"_ _13\"></span>m<span class=\"_ _2\"></span>inimizing <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>ik<span class=\"_ _0\"></span>elihood <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>credit <span class=\"_ _18\"></span>loss<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>by<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>e.g., <span class=\"_ _14\"></span>im<span class=\"_ _2\"></span>posing <span class=\"_ _14\"></span>stricter <span class=\"_ _18\"></span>requirements <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">security an<span class=\"_ _2\"></span>d choosing <span class=\"_ _2\"></span>counterparties d<span class=\"_ _2\"></span>iligently<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>e und<span class=\"_ _2\"></span>erlyin<span class=\"_ _2\"></span>g collater<span class=\"_ _0\"></span>al is n<span class=\"_ _2\"></span>ot taken into <span class=\"_ _2\"></span>account w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>estimating </span><span style=\"display:inherit;clear:left;\">the maximum c<span class=\"_ _2\"></span>redit risk. </span><span style=\"display:inherit;clear:left;\">The maxim<span class=\"_ _2\"></span>um e<span class=\"_ _0\"></span>xposure to credit risk corresponds to the <span class=\"_ _2\"></span>carrying amounts d<span class=\"_ _2\"></span>isclos<span class=\"_ _0\"></span>ed bel<span class=\"_ _2\"></span>ow: </span><span style=\"display:inherit;clear:left;position:relative;height:101.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0039062px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2695px; width: 552.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.2695px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 550.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents) ...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 37.6602px; width: 143.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0508px; width: 550.702px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 54.0508px; width: 143.763px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1769px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 550.358px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 70.457px; width: 151.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5621px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 87.0195px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.832.486</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.034.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span></span></span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ash <span class=\"_ _2\"></span>eq<span class=\"_ _2\"></span>uivalents <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>bank <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>eposits <span class=\"_ _2\"></span>with<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>institutions <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>ban<span class=\"_ _2\"></span>k <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsiders <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _13\"></span>trustworthy<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>also <span class=\"_ _14\"></span>mostly <span class=\"_ _14\"></span>insured, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>manageme<span class=\"_ _2\"></span>nt <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>herefor<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>assesse<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>it <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>eq<span class=\"_ _2\"></span>uivalent <span class=\"_ _14\"></span>as </span><span style=\"display:inherit;clear:left;\">being insignificant. <span class=\"_ _2\"></span>Securities c<span class=\"_ _2\"></span>onsist of government bonds and governmen<span class=\"_ _2\"></span>t bills wher<span class=\"_ _0\"></span>e the credit risk is consid<span class=\"_ _2\"></span>ered </span><span style=\"display:inherit;clear:left;\">insignificant. <span class=\"_ _16\"> </span>Management <span class=\"_\"> </span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses <span class=\"_ _18\"> </span>credit<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>due <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>ac<span class=\"_ _2\"></span>counts <span class=\"_ _18\"> </span>receivable, <span class=\"_ _18\"> </span>other<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>receivables<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>receivables <span class=\"_ _18\"> </span>from </span><span style=\"display:inherit;clear:left;\">related entit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>customers on<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>case-by-case<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>basis based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>indiv<span class=\"_ _2\"></span>idual customers and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">there are relatively few debtors<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>tables <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elow <span class=\"_ _13\"></span>sho<span class=\"_ _0\"></span>w <span class=\"_ _13\"></span>changes <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>type <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _2\"></span>asset <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>level <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>9<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>model. </span><span style=\"display:inherit;clear:left;\">Changes <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>Stage<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>Sta<span class=\"_ _2\"></span>ge <span class=\"_ _0\"></span>2 <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ccur <span class=\"_ _0\"></span>when <span class=\"_ _0\"></span>there <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>increase <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>credit risk<span class=\"_ _0\"></span>. A <span class=\"_ _1\"></span>reasses<span class=\"_ _0\"></span>sment <span class=\"_ _0\"></span>from </span><span style=\"display:inherit;clear:left;\">Stage1 <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>2 <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>St<span class=\"_ _2\"></span>age<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>3 <span class=\"_ _14\"></span>occurs <span class=\"_ _13\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>there <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>an <span class=\"_ _14\"></span>objective <span class=\"_ _14\"></span>indication <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>impairmen<span class=\"_ _2\"></span>t. <span class=\"_ _13\"></span>Reassessment <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>Stage <span class=\"_ _13\"></span>3 </span><span style=\"display:inherit;clear:left;\">occur when<span class=\"_ _2\"></span> there <span class=\"_ _2\"></span>is no longer <span class=\"_ _2\"></span>an obje<span class=\"_ _2\"></span>ctive indication <span class=\"_ _2\"></span>of impairment <span class=\"_ _2\"></span>or when <span class=\"_ _2\"></span>the credit <span class=\"_ _2\"></span>risk has dec<span class=\"_ _2\"></span>reased and is <span class=\"_ _2\"></span>no </span><span style=\"display:inherit;clear:left;\">longer con<span class=\"_ _2\"></span>sidered to have significantly increased <span class=\"_ _2\"></span>since the initial classification (from Stage 2 to Stage 1). </span><span style=\"display:inherit;clear:left;position:relative;height:100.234375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.688px; top: 0.0078125px; width: 116.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0477px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.516px; top: 16.2422px; width: 151.905px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6191px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.5078px; width: 546.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carryov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> prior ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 37.5078px; width: 124.735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7266px; width: 545.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reassessm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent of expected credit loss ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.719px; top: 53.7266px; width: 117.626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.9609px; width: 546.126px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Final loss ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 626.812px; top: 69.9609px; width: 93.1533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.1797px; width: 543.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total provisions at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 86.3672px; width: 124.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span><span style=\"display:inherit;clear:left;\">A total of 417 m ISK were classified in<span class=\"_ _2\"></span> Stage 2 as of 31 De<span class=\"_ _2\"></span>cember 2025. </span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below show<span class=\"_ _0\"></span>s the nominal<span class=\"_ _2\"></span> value of financial assets and wr<span class=\"_ _2\"></span>ite-downs by age (number<span class=\"_ _2\"></span> of days past maturity) </span><span style=\"display:inherit;clear:left;\">and classification: </span><span style=\"display:inherit;clear:left;position:relative;height:133.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0039062px; width: 228.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.987px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expect</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.5084px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oked</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 16.3945px; width: 245.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value of claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.426px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">balance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.4727px; width: 453.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 37.4727px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.8789px; width: 453.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2695px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 31-60 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6758px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 61-90 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.066px; width: 452.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default &gt;90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 119.457px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span></span><span style=\"display:inherit;clear:left;\">On <span class=\"ws141\">and <span class=\"ff57 ws0\">off</span><span class=\"ws99\"> <span class=\"ws151\">balance <span class=\"ws113\">sheet <span class=\"ws152\">exposure <span class=\"ws153\">for <span class=\"ws0\">Fossar </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">The maximum exposure to credit risk for on<span class=\"ff38\">\u2011</span>balance sheet and o<span class=\"_ _2\"></span><span class=\"ff58\">ff<span class=\"ff38\">\u2011</span></span>balance sheet items, for the Bank, before taking </span><span style=\"display:inherit;clear:left;\">int<span class=\"ws153\">o </span>accoun<span class=\"ws154\">t </span>an<span class=\"ws155\">y </span>collatera<span class=\"ws154\">l </span>hel<span class=\"wsaf\">d </span>o<span class=\"ws156\">r </span>othe<span class=\"_ _2\"></span><span class=\"ws157\">r </span>credi<span class=\"ws25\">t </span>enhanc<span class=\"_ _2\"></span>ements<span class=\"wsc\">, </span>i<span class=\"ws92\">s </span>specifie<span class=\"wsb6\">d </span>as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:330.580078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 63.8496px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.765px; font-family: ff13; -webkit-text-stroke: 0.191475px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 12.4824px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 28.8887px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.5137px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.7324px; width: 727.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">323.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">420.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.517.934</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.123px; width: 727.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.441px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.867px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.3574px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.748px; width: 727.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.855px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.467</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.967px; width: 727.752px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">820.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.809.067</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.403.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.484px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 196.857px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 213.248px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.701px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.107px; width: 727.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.053.173</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.311px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.465px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">783.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.096.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.717px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 299.936px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.461px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 316.342px; width: 727.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">963.101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.131.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.103.580</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__107-1": {
   "value": "<span style=\"display:inherit;clear:left;\">35.9 Cre<span class=\"_ _0\"></span>dit and count<span class=\"_ _0\"></span>erpart<span class=\"_ _0\"></span>y risk </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>three <span class=\"_ _14\"></span>pillars: <span class=\"_ _13\"></span>insurance<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>servi<span class=\"_ _2\"></span>ces <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>nve<span class=\"_ _0\"></span>stments. <span class=\"_ _13\"></span>Credit <span class=\"_ _14\"></span>risk </span><span style=\"display:inherit;clear:left;\">exists <span class=\"_\"> </span>in <span class=\"_\"> </span>all <span class=\"_ _17\"> </span>three <span class=\"_ _17\"> </span>pillars <span class=\"_\"> </span>a<span class=\"_ _2\"></span>nd <span class=\"_\"> </span>i<span class=\"_ _2\"></span>s <span class=\"_\"> </span>mitigated <span class=\"_\"> </span>usin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>vario<span class=\"_ _2\"></span>us <span class=\"_\"> </span>approaches, <span class=\"_\"> </span>inclu<span class=\"_ _2\"></span>ding <span class=\"_\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_\"> </span>mon<span class=\"_ _2\"></span>itoring <span class=\"_\"> </span>of <span class=\"_\"> </span>c<span class=\"_ _2\"></span>ounterparty </span><span style=\"display:inherit;clear:left;\">exposu<span class=\"_ _0\"></span>res, <span class=\"_ _17\"> </span>collater<span class=\"_ _0\"></span>als, <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_\"> </span>rating<span class=\"_ _0\"></span>s. <span class=\"_ _17\"> </span>Internal <span class=\"_ _17\"> </span>c<span class=\"_ _2\"></span>redit <span class=\"_ _17\"> </span>policies <span class=\"_ _17\"> </span>spec<span class=\"_ _2\"></span>ify <span class=\"_ _1c\"> </span>constraints <span class=\"_\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>credit <span class=\"_ _17\"> </span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>new<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">customers. <span class=\"_ _2\"></span>Credit <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sociated <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>stems<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>mainly <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>unpaid <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>remiums, <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>miti<span class=\"_ _2\"></span>ga<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>short </span><span style=\"display:inherit;clear:left;\">maturities, <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>expos<span class=\"_ _0\"></span>ures, <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>mitigated <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>high <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>edit <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>counterparties. <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">Group considers c<span class=\"_ _2\"></span>ounterparty r<span class=\"_ _2\"></span>isk to be <span class=\"_ _2\"></span>a form <span class=\"_ _2\"></span>of credit r<span class=\"_ _2\"></span>isk and t<span class=\"_ _2\"></span>herefore these risks <span class=\"_ _2\"></span>are presented together <span class=\"_ _2\"></span>in this </span><span style=\"display:inherit;clear:left;\">note<span class=\"_ _0\"></span>.   </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>components of <span class=\"_ _2\"></span>credit and counterparty risks are the following: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of loss or unforeseeable c<span class=\"_ _2\"></span>hange in financial position d<span class=\"_ _2\"></span>ue to a cou<span class=\"_ _0\"></span>nterpart<span class=\"_ _2\"></span>y's lower r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of lower ra<span class=\"_ _0\"></span>ting of a bo<span class=\"_ _2\"></span>nd issuer (spread risk)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>The risk that a coun<span class=\"_ _2\"></span>terparty cannot meet a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>actual obligation </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>so<span class=\"_ _0\"></span>urces of counterparty risk are:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Primary i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Reinsurance</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Lendin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Investments in debt securities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Bank deposits</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Derivatives</span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s counterparty risk is <span class=\"_ _2\"></span>regularly monitored. </span><span style=\"display:inherit;clear:left;\">Counterparty risk is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:133.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0136718px; width: 151.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2168px; width: 558.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instrume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nts, credit rating A .......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 21.2168px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.391.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.542.71</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.5605px; width: 550.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instruments, c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit rating BBB</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 37.5605px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.021.934</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.779.718</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7324px; width: 552.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other mar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ketable securities ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 53.7324px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.659.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.648.39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 70.0918px; width: 550.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance receivables ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 634.109px; top: 70.0918px; width: 94.4238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">102.180</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.4355px; width: 552.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 86.4355px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.807.731</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.795px; width: 552.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 102.795px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.154px; width: 552.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 119.154px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.916.528</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.202.69</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span></span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws13f\">e </span>Group'<span class=\"_ _0\"></span><span class=\"ws13f\">s <span class=\"ws0\">maximu<span class=\"ws140\">m </span>exposu<span class=\"ws135\">re </span>t<span class=\"_ _0\"></span><span class=\"ws141\">o <span class=\"ws0\">counterpa<span class=\"ws142\">rty </span>ris<span class=\"_ _2\"></span><span class=\"ws143\">k </span>correspond<span class=\"ws92\">s </span>t<span class=\"ws144\">o <span class=\"wsc2\">the </span></span>carry<span class=\"_ _2\"></span>ing amount<span class=\"ws145\">s </span>di<span class=\"_ _2\"></span>sclose<span class=\"ws146\">d </span>abo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>.</span></span></span></span></span><span style=\"display:inherit;clear:left;\">35.9 a. Reinsur<span class=\"_ _0\"></span>anc<span class=\"ws147\">e </span>counte<span class=\"_ _0\"></span>rparty risk </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>counterpa<span class=\"ws148\">rty </span>risk </span><span style=\"display:inherit;clear:left;\">Reinsurers' <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>among <span class=\"_ _13\"></span>other <span class=\"_ _13\"></span>things <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>do <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>meet <span class=\"_ _13\"></span>their <span class=\"_ _13\"></span>obligations <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>payin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span>ir <span class=\"_ _13\"></span>share <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>reinsurance <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>adequate, <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>mismatch <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>primary <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsurance </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _1c\"> </span>di<span class=\"ff54\">ff</span>erent <span class=\"_ _1c\"> </span>interpretation <span class=\"_ _15\"> </span>between <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>insurer <span class=\"_ _15\"> </span>and <span class=\"_ _17\"> </span>the <span class=\"_ _15\"> </span>reinsurer <span class=\"_ _17\"> </span>regarding <span class=\"_ _15\"> </span>the <span class=\"_ _17\"> </span>reinsurance <span class=\"_ _15\"> </span>agreement. <span class=\"_ _1c\"> </span>The </span><span style=\"display:inherit;clear:left;\">Group's reinsurance policy stipulates that its reinsurers shall have a rating from an international rating agency.  </span><span style=\"display:inherit;clear:left;\">Limits<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls57 ws14b\"> </span>regar<span class=\"_ _0\"></span>ding<span class=\"ls57 ws14c\"> </span>reinsurance<span class=\"ls56 ws149\"> </span>from<span class=\"ls58 ws149\"> </span>each<span class=\"ls59 ws149\"> </span>ind<span class=\"_ _2\"></span>ivid<span class=\"_ _2\"></span>ual<span class=\"ls57 ws14b\"> </span>r<span class=\"_ _0\"></span>einsure<span class=\"ls5a\">r</span>.<span class=\"ls56 ws149\"> </span>Ratings<span class=\"ls56 ws14a\"> </span>requirements<span class=\"ls56 ws149\"> </span>dep<span class=\"_ _2\"></span>end<span class=\"ls56 ws149\"> </span>on<span class=\"ls59 ws149\"> </span>the </span><span style=\"display:inherit;clear:left;\">estimated <span class=\"_ _2\"></span>settlem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>per<span class=\"_ _2\"></span>iod <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act. <span class=\"_ _2\"></span>In<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>addit<span class=\"_ _2\"></span>ion, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>number<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>reinsurers <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>contract <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>maximum <span class=\"_\"> </span>risk <span class=\"_\"> </span>exposure <span class=\"_\"> </span>of <span class=\"_\"> </span>each <span class=\"_\"> </span>reinsurer <span class=\"_\"> </span>is <span class=\"_\"> </span>based <span class=\"_\"> </span>on <span class=\"_\"> </span>that <span class=\"_\"> </span>reinsurer's <span class=\"_\"> </span>rating. <span class=\"_\"> </span>All <span class=\"_\"> </span>sensitivities <span class=\"_\"> </span>presented <span class=\"_\"> </span>in </span><span style=\"display:inherit;clear:left;\">connection <span class=\"_ _2\"></span>with insurance <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>reinsurance risk <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>shown <span class=\"_ _2\"></span>after the <span class=\"_ _2\"></span>e<span class=\"ff55\">ff</span>ect <span class=\"_ _2\"></span>of reinsurance. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>applied 1% <span class=\"_ _2\"></span>stress <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">claims<span class=\"ls5b ws14d\"> </span>amounts<span class=\"ls5b ws14e\"> </span>re\ufb02ec<span class=\"_ _2\"></span>ts<span class=\"ls5c ws14f\"> </span>management\u2019<span class=\"_ _0\"></span>s<span class=\"ls19 ws14f\"> </span>ass<span class=\"_ _0\"></span>essment<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls5c ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls19 ws150\"> </span>risk<span class=\"ls19 ws150\"> </span>profile<span class=\"ls5b ws14d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls19 ws14f\"> </span>portfolio<span class=\"ls5b ws14d\"> </span>comp<span class=\"_ _2\"></span>osition,<span class=\"ls5c ws14f\"> </span>and<span class=\"ls5b ws14d\"> </span>i<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">intended<span class=\"_ _2\"></span> to illustrat<span class=\"_ _0\"></span>e the <span class=\"_ _2\"></span>impact of <span class=\"_ _2\"></span>reasonable <span class=\"_ _2\"></span>changes in <span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>ey in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance ri<span class=\"_ _2\"></span>sk par<span class=\"_ _0\"></span>ameters. The <span class=\"_ _2\"></span>following table <span class=\"_ _2\"></span>sho<span class=\"_ _0\"></span>ws </span><span style=\"display:inherit;clear:left;\">the disag<span class=\"_ _2\"></span>grega<span class=\"_ _0\"></span>tion of <span class=\"_ _2\"></span>premiums to reinsurers based on thei<span class=\"_ _2\"></span>r latest available cred<span class=\"_ _2\"></span>it r<span class=\"_ _0\"></span>ating. </span><span style=\"display:inherit;clear:left;position:relative;height:133.9375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0136718px; width: 117.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.5762px; width: 551.385px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA+ ....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 21.0449px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,8%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.9355px; width: 551.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 37.4043px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.1074px; width: 551.73px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA- .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 53.748px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">42,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4668px; width: 549.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A+ ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 70.1074px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8262px; width: 549.58px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A ........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 86.4512px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.17px; width: 550.295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A- .......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 102.623px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 602.109px; top: 119.701px; width: 130.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">35.9 b<span class=\"_ _0\"></span>. Cred<span class=\"_ _0\"></span>it risk of fina<span class=\"_ _0\"></span>ncial activitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Large exposur<span class=\"_ _0\"></span>es of the ban<span class=\"_ _2\"></span>k before risk adjusted mitigation </span><span style=\"display:inherit;clear:left;position:relative;height:137.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.484px; top: 0.0097656px; width: 250.544px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.227px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 393.516px; top: 16.5879px; width: 331.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.2098px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9488px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9813px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.8535px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10-20% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 37.8535px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 54.4316px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20-25% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 54.4316px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.0254px; width: 359.127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exceeding 25% of capital base ..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 71.0254px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 90.4785px; width: 357.878px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 90.4785px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 123.65px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -734.428px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Large exposure net of risk a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">djusted mitigation ..........................</span></span></span><span style=\"display:inherit;clear:left;\">Collater<span class=\"_ _0\"></span>al against exposures to derivatives </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _15\"> </span>Group <span class=\"_ _1c\"> </span>applies <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>same <span class=\"_ _15\"> </span>valuation <span class=\"_ _1c\"> </span>methods <span class=\"_ _15\"> </span>to <span class=\"_ _15\"> </span>collateral <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>as <span class=\"_ _15\"> </span>other <span class=\"_ _15\"> </span>comparable <span class=\"_ _15\"> </span>assets <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>by <span class=\"_ _15\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group. Haircuts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>applied to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>market value <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>collateral <span class=\"_ _2\"></span>for liquidity <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>other factors <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>may a<span class=\"ff56\">ff</span>ect <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">applied collateral value of the asset. </span><span style=\"display:inherit;clear:left;position:relative;height:294.423828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 0.0039062px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 18.6934px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 34.8965px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.2812px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 51.2715px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.748px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 73.2246px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">178.688</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.133</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">268.494</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716.315</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 88.123px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 89.6152px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">107.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">99.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.955.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.56</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.311</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.545px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.719px; top: 105.99px; width: 304.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.706</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 122.193px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.162</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.226.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.28</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.332</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 162.191px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 180.881px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 197.256px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.641px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 213.631px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.232px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 232.709px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">173.112</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.761</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">495.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">849.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.436px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 248.912px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.239.908</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.426.416</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 263.811px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 265.287px; width: 282.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.6034px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.2071px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 281.678px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">359.262</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.420.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.097</span></span></span><span style=\"display:inherit;clear:left;\">Management regu<span class=\"_ _0\"></span>larly monitors <span class=\"_ _0\"></span>the development of <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets rela<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>credit risk, <span class=\"_ _0\"></span>and the <span class=\"_ _0\"></span>company <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>implemen<span class=\"_ _2\"></span>ted </span><span style=\"display:inherit;clear:left;\">polic<span class=\"_ _2\"></span>ies <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>rules <span class=\"_ _14\"></span>aim<span class=\"_ _2\"></span>ed <span class=\"_ _18\"></span>at <span class=\"_ _13\"></span>m<span class=\"_ _2\"></span>inimizing <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>ik<span class=\"_ _0\"></span>elihood <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>credit <span class=\"_ _18\"></span>loss<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>by<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>e.g., <span class=\"_ _14\"></span>im<span class=\"_ _2\"></span>posing <span class=\"_ _14\"></span>stricter <span class=\"_ _18\"></span>requirements <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">security an<span class=\"_ _2\"></span>d choosing <span class=\"_ _2\"></span>counterparties d<span class=\"_ _2\"></span>iligently<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>e und<span class=\"_ _2\"></span>erlyin<span class=\"_ _2\"></span>g collater<span class=\"_ _0\"></span>al is n<span class=\"_ _2\"></span>ot taken into <span class=\"_ _2\"></span>account w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>estimating </span><span style=\"display:inherit;clear:left;\">the maximum c<span class=\"_ _2\"></span>redit risk. </span><span style=\"display:inherit;clear:left;\">The maxim<span class=\"_ _2\"></span>um e<span class=\"_ _0\"></span>xposure to credit risk corresponds to the <span class=\"_ _2\"></span>carrying amounts d<span class=\"_ _2\"></span>isclos<span class=\"_ _0\"></span>ed bel<span class=\"_ _2\"></span>ow: </span><span style=\"display:inherit;clear:left;position:relative;height:101.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0039062px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2695px; width: 552.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.2695px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 550.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents) ...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 37.6602px; width: 143.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0508px; width: 550.702px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 54.0508px; width: 143.763px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1769px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 550.358px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 70.457px; width: 151.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5621px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 87.0195px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.832.486</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.034.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span></span></span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ash <span class=\"_ _2\"></span>eq<span class=\"_ _2\"></span>uivalents <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>bank <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>eposits <span class=\"_ _2\"></span>with<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>institutions <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>ban<span class=\"_ _2\"></span>k <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsiders <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _13\"></span>trustworthy<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>also <span class=\"_ _14\"></span>mostly <span class=\"_ _14\"></span>insured, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>manageme<span class=\"_ _2\"></span>nt <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>herefor<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>assesse<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>it <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>eq<span class=\"_ _2\"></span>uivalent <span class=\"_ _14\"></span>as </span><span style=\"display:inherit;clear:left;\">being insignificant. <span class=\"_ _2\"></span>Securities c<span class=\"_ _2\"></span>onsist of government bonds and governmen<span class=\"_ _2\"></span>t bills wher<span class=\"_ _0\"></span>e the credit risk is consid<span class=\"_ _2\"></span>ered </span><span style=\"display:inherit;clear:left;\">insignificant. <span class=\"_ _16\"> </span>Management <span class=\"_\"> </span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses <span class=\"_ _18\"> </span>credit<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>due <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>ac<span class=\"_ _2\"></span>counts <span class=\"_ _18\"> </span>receivable, <span class=\"_ _18\"> </span>other<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>receivables<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>receivables <span class=\"_ _18\"> </span>from </span><span style=\"display:inherit;clear:left;\">related entit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>customers on<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>case-by-case<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>basis based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>indiv<span class=\"_ _2\"></span>idual customers and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">there are relatively few debtors<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>tables <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elow <span class=\"_ _13\"></span>sho<span class=\"_ _0\"></span>w <span class=\"_ _13\"></span>changes <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>type <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _2\"></span>asset <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>level <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>9<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>model. </span><span style=\"display:inherit;clear:left;\">Changes <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>Stage<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>Sta<span class=\"_ _2\"></span>ge <span class=\"_ _0\"></span>2 <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ccur <span class=\"_ _0\"></span>when <span class=\"_ _0\"></span>there <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>increase <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>credit risk<span class=\"_ _0\"></span>. A <span class=\"_ _1\"></span>reasses<span class=\"_ _0\"></span>sment <span class=\"_ _0\"></span>from </span><span style=\"display:inherit;clear:left;\">Stage1 <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>2 <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>St<span class=\"_ _2\"></span>age<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>3 <span class=\"_ _14\"></span>occurs <span class=\"_ _13\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>there <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>an <span class=\"_ _14\"></span>objective <span class=\"_ _14\"></span>indication <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>impairmen<span class=\"_ _2\"></span>t. <span class=\"_ _13\"></span>Reassessment <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>Stage <span class=\"_ _13\"></span>3 </span><span style=\"display:inherit;clear:left;\">occur when<span class=\"_ _2\"></span> there <span class=\"_ _2\"></span>is no longer <span class=\"_ _2\"></span>an obje<span class=\"_ _2\"></span>ctive indication <span class=\"_ _2\"></span>of impairment <span class=\"_ _2\"></span>or when <span class=\"_ _2\"></span>the credit <span class=\"_ _2\"></span>risk has dec<span class=\"_ _2\"></span>reased and is <span class=\"_ _2\"></span>no </span><span style=\"display:inherit;clear:left;\">longer con<span class=\"_ _2\"></span>sidered to have significantly increased <span class=\"_ _2\"></span>since the initial classification (from Stage 2 to Stage 1). </span><span style=\"display:inherit;clear:left;position:relative;height:100.234375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.688px; top: 0.0078125px; width: 116.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0477px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.516px; top: 16.2422px; width: 151.905px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6191px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.5078px; width: 546.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carryov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> prior ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 37.5078px; width: 124.735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7266px; width: 545.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reassessm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent of expected credit loss ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.719px; top: 53.7266px; width: 117.626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.9609px; width: 546.126px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Final loss ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 626.812px; top: 69.9609px; width: 93.1533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.1797px; width: 543.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total provisions at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 86.3672px; width: 124.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span><span style=\"display:inherit;clear:left;\">A total of 417 m ISK were classified in<span class=\"_ _2\"></span> Stage 2 as of 31 De<span class=\"_ _2\"></span>cember 2025. </span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below show<span class=\"_ _0\"></span>s the nominal<span class=\"_ _2\"></span> value of financial assets and wr<span class=\"_ _2\"></span>ite-downs by age (number<span class=\"_ _2\"></span> of days past maturity) </span><span style=\"display:inherit;clear:left;\">and classification: </span><span style=\"display:inherit;clear:left;position:relative;height:133.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0039062px; width: 228.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.987px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expect</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.5084px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oked</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 16.3945px; width: 245.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value of claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.426px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">balance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.4727px; width: 453.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 37.4727px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.8789px; width: 453.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2695px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 31-60 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6758px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 61-90 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.066px; width: 452.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default &gt;90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 119.457px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span></span><span style=\"display:inherit;clear:left;\">On <span class=\"ws141\">and <span class=\"ff57 ws0\">off</span><span class=\"ws99\"> <span class=\"ws151\">balance <span class=\"ws113\">sheet <span class=\"ws152\">exposure <span class=\"ws153\">for <span class=\"ws0\">Fossar </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">The maximum exposure to credit risk for on<span class=\"ff38\">\u2011</span>balance sheet and o<span class=\"_ _2\"></span><span class=\"ff58\">ff<span class=\"ff38\">\u2011</span></span>balance sheet items, for the Bank, before taking </span><span style=\"display:inherit;clear:left;\">int<span class=\"ws153\">o </span>accoun<span class=\"ws154\">t </span>an<span class=\"ws155\">y </span>collatera<span class=\"ws154\">l </span>hel<span class=\"wsaf\">d </span>o<span class=\"ws156\">r </span>othe<span class=\"_ _2\"></span><span class=\"ws157\">r </span>credi<span class=\"ws25\">t </span>enhanc<span class=\"_ _2\"></span>ements<span class=\"wsc\">, </span>i<span class=\"ws92\">s </span>specifie<span class=\"wsb6\">d </span>as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:330.580078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 63.8496px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.765px; font-family: ff13; -webkit-text-stroke: 0.191475px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 12.4824px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 28.8887px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.5137px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.7324px; width: 727.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">323.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">420.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.517.934</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.123px; width: 727.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.441px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.867px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.3574px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.748px; width: 727.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.855px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.467</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.967px; width: 727.752px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">820.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.809.067</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.403.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.484px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 196.857px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 213.248px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.701px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.107px; width: 727.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.053.173</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.311px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.465px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">783.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.096.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.717px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 299.936px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.461px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 316.342px; width: 727.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">963.101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.131.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.103.580</span></span></span><span style=\"display:inherit;clear:left;\">35.10 Cre<span class=\"_ _0\"></span>dit quality of fi<span class=\"_ _0\"></span>nancial ass<span class=\"_ _0\"></span>ets </span><span style=\"display:inherit;clear:left;\"> <span class=\"fc6\">a. Brea<span class=\"_ _0\"></span>kdo<span class=\"_ _0\"></span>wn of loans t<span class=\"_ _0\"></span>o cus<span class=\"_ _0\"></span>tomers b<span class=\"_ _0\"></span>y industry and type of colla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral.<span class=\"_ _0\"></span> </span></span><span style=\"display:inherit;clear:left;\">      <span class=\"fs47\">Collater<span class=\"_ _1\"></span>al<span class=\"_ _2\"></span> under the categor<span class=\"_ _2\"></span>y Other is co<span class=\"_ _2\"></span>mprised mostly of land<span class=\"_ _2\"></span> under development <span class=\"_ _2\"></span>bu<span class=\"_ _0\"></span>t also includes machi<span class=\"_ _2\"></span>ner<span class=\"_ _2\"></span>y and receivables. </span></span><span style=\"display:inherit;clear:left;position:relative;height:531.73046875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 568.094px; top: 0.0039062px; width: 96.8127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llocated collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.109px; top: 21.5156px; width: 391.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.518px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Listed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0157px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unlisted</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 35.1875px; width: 521.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">o expected</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.334px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.4845px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.14508px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.43424px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Commercial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2227px; width: 53.0973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 48.6875px; width: 571.331px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4678px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6829px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">collateral</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.674px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liquid fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">other funds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">real estate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Othe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.6875px; width: 65.4384px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public entities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.1875px; width: 95.5119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.875px; width: 47.1846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 107.547px; width: 794.989px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Real estate activities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.993px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.993.210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(12.268)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.8082px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.980.941</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.380.842</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5353px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.532.853</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.2941px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.600</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.357.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 121.047px; width: 794.796px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.545px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">484.381</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(189)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">484.192</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.733.715</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2223px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">228.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.020.715</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 134.734px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Service activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.258px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.5049px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 148.406px; width: 794.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accommodat. and Food Service Activit.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">201.804</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(108)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">201.696</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.83</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5353px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.175</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.052.437</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">780.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 161.906px; width: 794.755px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Activities of Holding Companies</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7459px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.62</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.540</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.698px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">623)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.625.917</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.87</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3.492</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.176</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.405.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.541.510</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.335.850</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.120.000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 175.594px; width: 794.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">holesale and Retail Trade</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.242px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7122px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 189.266px; width: 795.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.782px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.548.016</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(4.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">254)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.543.762</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.161.793</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.207</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">401.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.194.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">638.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.598.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">059</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.766px; width: 44.8289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individual</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.953px; width: 815.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.09px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 9.03611px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.985.454</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">236.947</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.339.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3966px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.017.594</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.131.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.838.059</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 568.094px; top: 303.848px; width: 96.8127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">llocated collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.109px; top: 325.172px; width: 391.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.518px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Listed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.0157px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unlisted</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 338.844px; width: 521.427px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">o expected</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Carrying</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.334px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Tot</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.4845px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.14508px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> securities and</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.43424px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Commercial</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 353.879px; width: 53.0973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 232.734px; top: 352.344px; width: 571.331px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.4678px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.6829px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">collateral</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">D</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">eposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.674px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">liquid fu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">other funds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">real estate</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Othe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">r</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 370.344px; width: 65.4384px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public entities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 384.031px; width: 95.5119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 397.531px; width: 47.1846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 411.203px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Real estate activities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.993px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.129.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(5.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">540)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.123.610</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.188.322</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.937.682</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5586px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.701.940</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7323px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.427.900</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 424.891px; width: 795.042px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.545px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">254.363</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(634)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">253.729</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.55</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.250</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2223px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">28.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.264.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7046px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">250</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 438.391px; width: 794.831px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Service activiti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415824px; width: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.258px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.5049px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 452.062px; width: 794.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accommodat. and Food Service Activit.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">235.024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1608px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(649)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6509px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">234.375</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9304px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.55</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.091</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.335</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">460.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 465.75px; width: 794.954px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Activities of Holding Companies</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7459px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.07</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.210</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.6853px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.607)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.076.603</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.988.212</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.078</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.7174px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.479.218</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.896.226</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">569.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">853.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">690</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 479.25px; width: 794.842px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">holesale and Retail Trade</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.242px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7122px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3499px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1299px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.3019px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9633px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.8596px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 20.1562px; top: 492.922px; width: 795.03px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.782px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.193.089</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.0661px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(1.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">385)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.191.704</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3172px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.956.928</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">250.299</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3843px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">860.829</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.120.800</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.2079px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">185.000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">540.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 506.609px; width: 44.8289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individual</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 521.609px; width: 815.669px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.021px; font-size: 10.6209px; font-family: ff13; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4464px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 14.4097px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1408px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.244.047</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7918px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">440.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">377</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1314px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521537px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.729</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4792px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.457.161</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.179.940</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1073px; font-size: 10.6209px; font-family: ff12; -webkit-text-stroke: 0.159313px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.888.840</span></span></span></span><span style=\"display:inherit;clear:left;\">b<span class=\"_ _0\"></span>.<span class=\"_ _1d\"> </span>Credit quality of<span class=\"_ _0\"></span> loans t<span class=\"_ _0\"></span>o customer<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>y credit qu<span class=\"_ _0\"></span>ality ba<span class=\"_ _0\"></span>nd</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>following tabl<span class=\"_ _2\"></span>es show <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets subjec<span class=\"_ _2\"></span>t to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairment<span class=\"_ _2\"></span> requirement<span class=\"_ _2\"></span>s of <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>brok<span class=\"_ _0\"></span>en <span class=\"_ _2\"></span>down <span class=\"_ _2\"></span>by credit </span><span style=\"display:inherit;clear:left;\">quality <span class=\"_ _18\"> </span>bands <span class=\"_ _14\"></span>where <span class=\"_ _18\"></span>band <span class=\"_ _14\"></span>I <span class=\"_ _18\"> </span>denotes <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>lowest <span class=\"_ _14\"></span>and <span class=\"_ _18\"></span>band <span class=\"_ _14\"></span>I<span class=\"_ _2\"></span>V <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>highest <span class=\"_ _14\"></span>credit <span class=\"_ _14\"></span>r<span class=\"_ _2\"></span>isk. <span class=\"_ _14\"></span>The <span class=\"_ _18\"> </span>Bank <span class=\"_ _18\"></span>has <span class=\"_ _14\"></span>primari<span class=\"_ _2\"></span>ly <span class=\"_ _14\"></span>used </span><span style=\"display:inherit;clear:left;\">adjusted e<span class=\"_ _0\"></span>xternal <span class=\"_ _0\"></span>credit r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>asse<span class=\"_ _0\"></span>ss <span class=\"_ _0\"></span>the def<span class=\"_ _0\"></span>ault <span class=\"_ _0\"></span>probability of <span class=\"_ _0\"></span>its <span class=\"_ _0\"></span>customers<span class=\"_ _0\"></span>. The <span class=\"_ _1\"></span>Bank\u2019<span class=\"_ _0\"></span>s <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>mpairment model us<span class=\"_ _0\"></span>es </span><span style=\"display:inherit;clear:left;\">ext<span class=\"_ _0\"></span>ernal <span class=\"_ _14\"></span>credit<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _13\"></span>as <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>it<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>main <span class=\"_ _14\"></span>inputs, <span class=\"_ _14\"></span>while <span class=\"_ _14\"></span>LGD <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>based <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>internal <span class=\"_ _14\"></span>estimates <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _13\"></span>take <span class=\"_ _13\"></span>into <span class=\"_ _14\"></span>acc<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">management judg<span class=\"_ _2\"></span>ement as well as economic<span class=\"_ _2\"></span> outlook. </span><span style=\"display:inherit;clear:left;\"> <span class=\"fs8\">Credit quality of financial assets by credit quality band </span></span><span style=\"display:inherit;clear:left;position:relative;height:398.826171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 62.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff13; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 20.1523px; width: 691.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 273.504px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 40.668px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band I .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 40.668px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9.922.861</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.922.861</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 56.6836px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band II </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 56.6836px; width: 319.453px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.163.305</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.9455px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56.381</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.219.687</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 72.5273px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band III</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.641px; top: 72.5273px; width: 309.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">340.165</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">575.911</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 88.3711px; width: 348.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> band IV .......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 407.875px; top: 88.3711px; width: 302.326px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.483</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">125.00</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.5332px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.492</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.199px; width: 350.59px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">In default ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 438.594px; top: 104.199px; width: 270.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 120.043px; width: 349.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Rated ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 438.594px; top: 120.043px; width: 270.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 136.059px; width: 349.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross car</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing amount ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.359px; top: 136.059px; width: 326.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.436.813</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.137</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.853.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">50</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 151.902px; width: 348.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 152.074px; width: 310.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(11.342)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(6.100)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.7148px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 170.434px; width: 350.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Book value ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.359px; top: 170.434px; width: 326.332px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.425.472</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.037</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.7344px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.836.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">08</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 214.545px; width: 62.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff13; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.684px; width: 691.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to customers:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 273.504px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.7404px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 255.199px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band I .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 255.199px; width: 319.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.760.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">60.750</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 271.215px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band II </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.641px; top: 271.215px; width: 309.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">130.086</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">130.086</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 287.059px; width: 350.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">band III</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 302.887px; width: 348.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit quality</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> band IV .......................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 318.73px; width: 350.59px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">In default ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 334.746px; width: 349.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Rated ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 350.59px; width: 349.582px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross car</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ry</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing amount ................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 350.59px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.890.836</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 2.07812px; top: 366.418px; width: 348.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.562px; top: 366.605px; width: 310.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.951px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 384.965px; width: 350.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Book value ...................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 384.965px; width: 319.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.4748px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9002px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.4433px; font-size: 12.4354px; font-family: ff12; -webkit-text-stroke: 0.186532px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span></span><span style=\"display:inherit;clear:left;\">c<span class=\"_ _0\"></span>.<span class=\"_ _1d\"> </span>Break<span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>own of lo<span class=\"_ _0\"></span>ans to cust<span class=\"_ _0\"></span>omers<span class=\"_ _0\"></span> into not pas<span class=\"_ _0\"></span>t due and pas<span class=\"_ _0\"></span>t due</span><span style=\"display:inherit;clear:left;position:relative;height:400.6875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 1.96484px; width: 60.7148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff13; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.328px; top: 0.0097656px; width: 128.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 476.406px; top: 18.0254px; width: 215.062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit lo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9277px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Book value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.7129px; width: 438.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not past due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.297px; top: 40.7129px; width: 226.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5567px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 58.9004px; width: 436.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 77.0879px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 31-60 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 95.1035px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 61-90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 113.291px; width: 436.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 91-180 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 131.479px; width: 436.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 181-360 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 149.666px; width: 436.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due more than 360 days .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 167.666px; width: 436.828px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.297px; top: 167.666px; width: 226.711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5567px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 221.48px; width: 60.7148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff13; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 475.328px; top: 219.525px; width: 128.297px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.7107px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 476.406px; top: 237.541px; width: 215.062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">credit lo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.9277px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Book value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 260.229px; width: 438.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not past due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.016px; top: 260.229px; width: 219.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 278.416px; width: 436.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 296.604px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 31-60 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 314.791px; width: 436.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 61-90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02599px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 332.807px; width: 436.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 91-180 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ..............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 350.994px; width: 436.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due 181-360 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.1875px; top: 369.182px; width: 436.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Past due more than 360 days .................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.016px; top: 387.197px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">7.890.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(10.815)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4766px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">21</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -691.357px; width: 0px; font-size: 12.1405px; font-family: ff12; -webkit-text-stroke: 0.182108px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Total .........................................................................................................................</span></span></span><span style=\"display:inherit;clear:left;\">d.<span class=\"_ _d\"> </span>Al<span class=\"_ _0\"></span>lowance<span class=\"_ _0\"></span> <span class=\"_ _23\"> </span>for <span class=\"_ _23\"> </span>ex<span class=\"_ _0\"></span>pecte<span class=\"_ _0\"></span>d <span class=\"_ _23\"> </span>credit <span class=\"_ _23\"> </span>loss <span class=\"_ _e\"> </span>on <span class=\"_ _24\"> </span>lo<span class=\"_ _0\"></span>ans <span class=\"_ _23\"> </span>to <span class=\"_ _23\"> </span>customers<span class=\"_ _0\"></span> <span class=\"_ _23\"> </span>and <span class=\"_ _e\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _23\"> </span>loan <span class=\"_ _23\"> </span>commitment<span class=\"_ _0\"></span>s,</span><span style=\"display:inherit;clear:left;\">guar<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>es and unuse<span class=\"_ _0\"></span>d credit f<span class=\"_ _0\"></span>acilities duri<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>riod</span><span style=\"display:inherit;clear:left;\">The <span class=\"_\"> </span>following <span class=\"_\"> </span>tables <span class=\"_\"> </span>show <span class=\"_ _17\"> </span>changes <span class=\"_\"> </span>in <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>e<span class=\"_ _0\"></span>xpec<span class=\"_ _2\"></span>ted <span class=\"_\"> </span>credit <span class=\"_ _17\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_\"> </span>allowance <span class=\"_\"> </span>of <span class=\"_\"> </span>loa<span class=\"_ _2\"></span>ns <span class=\"_\"> </span>to <span class=\"_\"> </span>customers <span class=\"_\"> </span>and <span class=\"_\"> </span>for <span class=\"_\"> </span>loan </span><span style=\"display:inherit;clear:left;\">commitmen<span class=\"_ _2\"></span>ts, guar<span class=\"_ _1\"></span>ante<span class=\"_ _2\"></span>es and unused credit facilities during the p<span class=\"_ _2\"></span>eriod. </span><span style=\"display:inherit;clear:left;position:relative;height:412.869140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 60.2461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.3789px; width: 190.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected credit loss allowance total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.1602px; width: 669.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of financial assets:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stag</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.0879px; width: 166.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 1 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.203px; top: 64.1445px; width: 292.828px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 79.4102px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 1  ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 79.457px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 94.7227px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 2 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 94.7539px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 110.16px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 3 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 680.344px; top: 110.238px; width: 6.69727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 125.457px; width: 338.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">easurement of loss allowance ........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 125.535px; width: 285.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.037</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.916px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.139</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 140.941px; width: 339.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New financial assets, originated or purchased ............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 141.02px; width: 285.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.512</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">464</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.916px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.976</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 156.254px; width: 339.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derecognitions and maturities .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 396.734px; top: 156.332px; width: 294.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(2.488)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.951px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(2.488)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 171.723px; width: 28.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rite</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 29.3438px; top: 170.57px; width: 4.01367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff38; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u2011</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 33.6562px; top: 171.77px; width: 306.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">offs .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 191.52px; width: 687.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.876</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.565</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.4279px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.442</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.838px; width: 60.2461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.91px; width: 669.574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er of financial assets:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stage 2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Stag</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e 3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 276.01px; width: 166.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 1 January 2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 273.707px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 288.941px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 1  ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 289.02px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 304.426px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 2 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 304.504px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.46875px; top: 319.723px; width: 336.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Transfer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> to Stage 3 ....................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 319.801px; width: 262.594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.199px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 335.207px; width: 338.566px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net rem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">easurement of loss allowance ........................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 335.285px; width: 285.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.646</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.646</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 350.504px; width: 339.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">New financial assets, originated or purchased ............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 402.125px; top: 350.582px; width: 285.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">8.169</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.527px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.169</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 366.066px; width: 339.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derecognitions and maturities .....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.79688px; top: 381.363px; width: 28.5938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">W</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rite</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 29.3438px; top: 380.273px; width: 4.01367px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff38; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">\u2011</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 33.6562px; top: 381.285px; width: 306.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">offs .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 401.254px; width: 687.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as at 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.227px; font-size: 12.0422px; font-family: ff13; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.4279px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 12.0422px; font-family: ff12; -webkit-text-stroke: 0.180634px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span></span><span style=\"display:inherit;clear:left;\">e<span class=\"_ _0\"></span>.<span class=\"_\"> </span>Loan-to-value</span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>oan<span class=\"ff38\">\u2011</span>to<span class=\"ff38\">\u2011</span>value <span class=\"_ _2\"></span>ra<span class=\"_ _0\"></span>tio <span class=\"_ _2\"></span>(L<span class=\"_ _1\"></span>T<span class=\"_ _2\"></span>V)<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>ra<span class=\"_ _0\"></span>tio <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>gross <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>loan <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ollat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al, <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>any<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">loans <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>c<span class=\"_ _2\"></span>ustomers <span class=\"_ _13\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Bank. <span class=\"_ _18\"> </span>Collater<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>position <span class=\"_ _14\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>gener<span class=\"_ _0\"></span>al <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>itworthines<span class=\"_ _0\"></span>s <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>a <span class=\"_ _18\"> </span>customer <span class=\"_ _14\"></span>are <span class=\"_ _18\"></span>together </span><span style=\"display:inherit;clear:left;\">viewed as<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>most <span class=\"_ _0\"></span>reliable <span class=\"_ _0\"></span>indicator<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>credit <span class=\"_ _0\"></span>quality of <span class=\"_ _1\"></span>a <span class=\"_ _0\"></span>loan. <span class=\"_ _0\"></span>Besides <span class=\"_ _0\"></span>collater<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>included in <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>L<span class=\"_ _1\"></span>TV r<span class=\"_ _1\"></span>atios <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>Bank </span><span style=\"display:inherit;clear:left;\">uses <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>mitigation <span class=\"_ _13\"></span>measures, <span class=\"_ _2\"></span>such<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>guarantees, <span class=\"_ _2\"></span>negative <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ledge<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>cro<span class=\"_ _0\"></span>ss<span class=\"ff38\">\u2011</span>collater<span class=\"_ _0\"></span>al <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>collateralization <span class=\"_ _13\"></span>of<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">non<span class=\"ff38\">\u2011</span>quantifiable<span class=\"_ _2\"></span> assets<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The breakdown of loans to cust<span class=\"_ _0\"></span>omers by L<span class=\"_ _1\"></span>TV <span class=\"_ _2\"></span>is specified <span class=\"_ _2\"></span>as fol<span class=\"_ _0\"></span>lows: </span><span style=\"display:inherit;clear:left;position:relative;height:186.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 388.984px; top: 0.0097656px; width: 319.459px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.5116px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">1.12.2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.1386px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2754px; width: 364.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than 50% .............................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 21.2754px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.520.710</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.642.171</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 37.8535px; width: 363.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">51-70% ........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 37.8535px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.055.787</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.696.008</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 54.2441px; width: 363.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">71-90% ........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.172px; top: 54.2441px; width: 336.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.260.012</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.504.511</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.498px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 70.8379px; width: 363.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">91-100% ......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 70.8379px; width: 286.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.1562px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.331</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 87.2285px; width: 363.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">101-125% ....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 87.2285px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 103.807px; width: 363.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">126-200% ....................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 103.807px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 120.385px; width: 363.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Greater than 200% ......................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 120.385px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 136.791px; width: 362.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No or negligible </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">collateral: ...........................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 136.791px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 5.53125px; top: 153.369px; width: 359.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> Other loans wit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">h no collateral ....................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 455.078px; top: 153.369px; width: 286.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.9062px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4355px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.998px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 172.65px; width: 365.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total .............................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 397.812px; top: 172.65px; width: 343.482px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4804px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.7891px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3438px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100%</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__106": {
   "value": "<span style=\"display:inherit;clear:left;\">35.9 Cre<span class=\"_ _0\"></span>dit and count<span class=\"_ _0\"></span>erpart<span class=\"_ _0\"></span>y risk </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>three <span class=\"_ _14\"></span>pillars: <span class=\"_ _13\"></span>insurance<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _13\"></span>servi<span class=\"_ _2\"></span>ces <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>i<span class=\"_ _2\"></span>nve<span class=\"_ _0\"></span>stments. <span class=\"_ _13\"></span>Credit <span class=\"_ _14\"></span>risk </span><span style=\"display:inherit;clear:left;\">exists <span class=\"_\"> </span>in <span class=\"_\"> </span>all <span class=\"_ _17\"> </span>three <span class=\"_ _17\"> </span>pillars <span class=\"_\"> </span>a<span class=\"_ _2\"></span>nd <span class=\"_\"> </span>i<span class=\"_ _2\"></span>s <span class=\"_\"> </span>mitigated <span class=\"_\"> </span>usin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>vario<span class=\"_ _2\"></span>us <span class=\"_\"> </span>approaches, <span class=\"_\"> </span>inclu<span class=\"_ _2\"></span>ding <span class=\"_\"> </span>t<span class=\"_ _2\"></span>he <span class=\"_\"> </span>mon<span class=\"_ _2\"></span>itoring <span class=\"_\"> </span>of <span class=\"_\"> </span>c<span class=\"_ _2\"></span>ounterparty </span><span style=\"display:inherit;clear:left;\">exposu<span class=\"_ _0\"></span>res, <span class=\"_ _17\"> </span>collater<span class=\"_ _0\"></span>als, <span class=\"_ _17\"> </span>and <span class=\"_ _17\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_\"> </span>rating<span class=\"_ _0\"></span>s. <span class=\"_ _17\"> </span>Internal <span class=\"_ _17\"> </span>c<span class=\"_ _2\"></span>redit <span class=\"_ _17\"> </span>policies <span class=\"_ _17\"> </span>spec<span class=\"_ _2\"></span>ify <span class=\"_ _1c\"> </span>constraints <span class=\"_\"> </span>o<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>credit <span class=\"_ _17\"> </span>ra<span class=\"_ _0\"></span>tings <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>new<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">customers. <span class=\"_ _2\"></span>Credit <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>sociated <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>stems<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>mainly <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>unpaid <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>remiums, <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>miti<span class=\"_ _2\"></span>ga<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>short </span><span style=\"display:inherit;clear:left;\">maturities, <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>expos<span class=\"_ _0\"></span>ures, <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>mitigated <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>high <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>edit <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ating<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>counterparties. <span class=\"_ _2\"></span>Th<span class=\"_ _2\"></span>e </span><span style=\"display:inherit;clear:left;\">Group considers c<span class=\"_ _2\"></span>ounterparty r<span class=\"_ _2\"></span>isk to be <span class=\"_ _2\"></span>a form <span class=\"_ _2\"></span>of credit r<span class=\"_ _2\"></span>isk and t<span class=\"_ _2\"></span>herefore these risks <span class=\"_ _2\"></span>are presented together <span class=\"_ _2\"></span>in this </span><span style=\"display:inherit;clear:left;\">note<span class=\"_ _0\"></span>.   </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>components of <span class=\"_ _2\"></span>credit and counterparty risks are the following: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of loss or unforeseeable c<span class=\"_ _2\"></span>hange in financial position d<span class=\"_ _2\"></span>ue to a cou<span class=\"_ _0\"></span>nterpart<span class=\"_ _2\"></span>y's lower r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Risk of lower ra<span class=\"_ _0\"></span>ting of a bo<span class=\"_ _2\"></span>nd issuer (spread risk)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>The risk that a coun<span class=\"_ _2\"></span>terparty cannot meet a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>actual obligation </span><span style=\"display:inherit;clear:left;\">The main <span class=\"_ _2\"></span>so<span class=\"_ _0\"></span>urces of counterparty risk are:<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Primary i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Reinsurance</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Lendin<span class=\"_ _2\"></span>g </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Investments in debt securities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Bank deposits</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_\"> </span>Derivatives</span><span style=\"display:inherit;clear:left;\">The Group'<span class=\"_ _0\"></span>s counterparty risk is <span class=\"_ _2\"></span>regularly monitored. </span><span style=\"display:inherit;clear:left;\">Counterparty risk is spec<span class=\"_ _2\"></span>ified as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:133.390625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 581.766px; top: 0.0136718px; width: 151.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2168px; width: 558.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instrume</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nts, credit rating A .......................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 21.2168px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">22.391.730</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.542.71</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.5605px; width: 550.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marketable debt instruments, c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit rating BBB</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> ................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 37.5605px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.021.934</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.779.718</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7324px; width: 552.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other mar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ketable securities ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 53.7324px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">16.659.174</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.648.39</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 70.0918px; width: 550.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reinsurance receivables ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 634.109px; top: 70.0918px; width: 94.4238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">102.180</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.4355px; width: 552.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables ...............................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 86.4355px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.093.665</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.807.731</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.795px; width: 552.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalen</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.625px; top: 102.795px; width: 143.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.750.025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2929px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.321.959</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.154px; width: 552.287px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ..............................................................................................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.....</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 576.094px; top: 119.154px; width: 151.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.916.528</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.202.69</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span></span></span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws13f\">e </span>Group'<span class=\"_ _0\"></span><span class=\"ws13f\">s <span class=\"ws0\">maximu<span class=\"ws140\">m </span>exposu<span class=\"ws135\">re </span>t<span class=\"_ _0\"></span><span class=\"ws141\">o <span class=\"ws0\">counterpa<span class=\"ws142\">rty </span>ris<span class=\"_ _2\"></span><span class=\"ws143\">k </span>correspond<span class=\"ws92\">s </span>t<span class=\"ws144\">o <span class=\"wsc2\">the </span></span>carry<span class=\"_ _2\"></span>ing amount<span class=\"ws145\">s </span>di<span class=\"_ _2\"></span>sclose<span class=\"ws146\">d </span>abo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>.</span></span></span></span></span><span style=\"display:inherit;clear:left;\">35.9 a. Reinsur<span class=\"_ _0\"></span>anc<span class=\"ws147\">e </span>counte<span class=\"_ _0\"></span>rparty risk </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>counterpa<span class=\"ws148\">rty </span>risk </span><span style=\"display:inherit;clear:left;\">Reinsurers' <span class=\"_ _2\"></span>risk <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>among <span class=\"_ _13\"></span>other <span class=\"_ _13\"></span>things <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>do <span class=\"_ _13\"></span>not <span class=\"_ _13\"></span>meet <span class=\"_ _13\"></span>their <span class=\"_ _13\"></span>obligations <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>payin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span>ir <span class=\"_ _13\"></span>share <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>reinsurance <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>adequate, <span class=\"_ _13\"></span>there <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>mismatch <span class=\"_ _13\"></span>between <span class=\"_ _2\"></span>primary <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>reinsurance </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _1c\"> </span>di<span class=\"ff54\">ff</span>erent <span class=\"_ _1c\"> </span>interpretation <span class=\"_ _15\"> </span>between <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>insurer <span class=\"_ _15\"> </span>and <span class=\"_ _17\"> </span>the <span class=\"_ _15\"> </span>reinsurer <span class=\"_ _17\"> </span>regarding <span class=\"_ _15\"> </span>the <span class=\"_ _17\"> </span>reinsurance <span class=\"_ _15\"> </span>agreement. <span class=\"_ _1c\"> </span>The </span><span style=\"display:inherit;clear:left;\">Group's reinsurance policy stipulates that its reinsurers shall have a rating from an international rating agency.  </span><span style=\"display:inherit;clear:left;\">Limits<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls57 ws14b\"> </span>regar<span class=\"_ _0\"></span>ding<span class=\"ls57 ws14c\"> </span>reinsurance<span class=\"ls56 ws149\"> </span>from<span class=\"ls58 ws149\"> </span>each<span class=\"ls59 ws149\"> </span>ind<span class=\"_ _2\"></span>ivid<span class=\"_ _2\"></span>ual<span class=\"ls57 ws14b\"> </span>r<span class=\"_ _0\"></span>einsure<span class=\"ls5a\">r</span>.<span class=\"ls56 ws149\"> </span>Ratings<span class=\"ls56 ws14a\"> </span>requirements<span class=\"ls56 ws149\"> </span>dep<span class=\"_ _2\"></span>end<span class=\"ls56 ws149\"> </span>on<span class=\"ls59 ws149\"> </span>the </span><span style=\"display:inherit;clear:left;\">estimated <span class=\"_ _2\"></span>settlem<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>per<span class=\"_ _2\"></span>iod <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act. <span class=\"_ _2\"></span>In<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>addit<span class=\"_ _2\"></span>ion, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>number<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>reinsurers <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>contract <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">the <span class=\"_\"> </span>maximum <span class=\"_\"> </span>risk <span class=\"_\"> </span>exposure <span class=\"_\"> </span>of <span class=\"_\"> </span>each <span class=\"_\"> </span>reinsurer <span class=\"_\"> </span>is <span class=\"_\"> </span>based <span class=\"_\"> </span>on <span class=\"_\"> </span>that <span class=\"_\"> </span>reinsurer's <span class=\"_\"> </span>rating. <span class=\"_\"> </span>All <span class=\"_\"> </span>sensitivities <span class=\"_\"> </span>presented <span class=\"_\"> </span>in </span><span style=\"display:inherit;clear:left;\">connection <span class=\"_ _2\"></span>with insurance <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>reinsurance risk <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>shown <span class=\"_ _2\"></span>after the <span class=\"_ _2\"></span>e<span class=\"ff55\">ff</span>ect <span class=\"_ _2\"></span>of reinsurance. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>applied 1% <span class=\"_ _2\"></span>stress <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">claims<span class=\"ls5b ws14d\"> </span>amounts<span class=\"ls5b ws14e\"> </span>re\ufb02ec<span class=\"_ _2\"></span>ts<span class=\"ls5c ws14f\"> </span>management\u2019<span class=\"_ _0\"></span>s<span class=\"ls19 ws14f\"> </span>ass<span class=\"_ _0\"></span>essment<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls5c ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>Group\u2019<span class=\"_ _1\"></span>s<span class=\"ls19 ws150\"> </span>risk<span class=\"ls19 ws150\"> </span>profile<span class=\"ls5b ws14d\"> </span>and<span class=\"_ _2\"></span><span class=\"ls19 ws14f\"> </span>portfolio<span class=\"ls5b ws14d\"> </span>comp<span class=\"_ _2\"></span>osition,<span class=\"ls5c ws14f\"> </span>and<span class=\"ls5b ws14d\"> </span>i<span class=\"_ _2\"></span>s </span><span style=\"display:inherit;clear:left;\">intended<span class=\"_ _2\"></span> to illustrat<span class=\"_ _0\"></span>e the <span class=\"_ _2\"></span>impact of <span class=\"_ _2\"></span>reasonable <span class=\"_ _2\"></span>changes in <span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>ey in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance ri<span class=\"_ _2\"></span>sk par<span class=\"_ _0\"></span>ameters. The <span class=\"_ _2\"></span>following table <span class=\"_ _2\"></span>sho<span class=\"_ _0\"></span>ws </span><span style=\"display:inherit;clear:left;\">the disag<span class=\"_ _2\"></span>grega<span class=\"_ _0\"></span>tion of <span class=\"_ _2\"></span>premiums to reinsurers based on thei<span class=\"_ _2\"></span>r latest available cred<span class=\"_ _2\"></span>it r<span class=\"_ _0\"></span>ating. </span><span style=\"display:inherit;clear:left;position:relative;height:133.9375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 592.141px; top: 0.0136718px; width: 117.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.5762px; width: 551.385px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA+ ....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 21.0449px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0,8%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.9355px; width: 551.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 37.4043px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23,1%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.1074px; width: 551.73px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AA- .....................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 53.748px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">42,6%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22,1%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.4668px; width: 549.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A+ ......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.672px; top: 70.1074px; width: 123.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.1346px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29,4%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.8262px; width: 549.58px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A ........................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 86.4512px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6,9%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,7%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.17px; width: 550.295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A- .......................................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 616.484px; top: 102.623px; width: 116.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2,4%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,6%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 602.109px; top: 119.701px; width: 130.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100,0%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.6935px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100,0%</span></span></span><span style=\"display:inherit;clear:left;\">35.9 b<span class=\"_ _0\"></span>. Cred<span class=\"_ _0\"></span>it risk of fina<span class=\"_ _0\"></span>ncial activitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Large exposur<span class=\"_ _0\"></span>es of the ban<span class=\"_ _2\"></span>k before risk adjusted mitigation </span><span style=\"display:inherit;clear:left;position:relative;height:137.890625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 483.484px; top: 0.0097656px; width: 250.544px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.227px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 393.516px; top: 16.5879px; width: 331.144px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.2098px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.9488px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Number</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.9813px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Am</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 37.8535px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10-20% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 37.8535px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 54.4316px; width: 356.827px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">20-25% of capital base ..............................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 54.4316px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.0254px; width: 359.127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exceeding 25% of capital base ..................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 71.0254px; width: 282.024px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.743px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.7064px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1px; top: 90.4785px; width: 357.878px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ...........................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 90.4785px; width: 281.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 454px; top: 123.65px; width: 0px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4065px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.116.380</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5834px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.1887px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">944.830</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -734.428px; width: 0px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Large exposure net of risk a</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519508px; font-size: 12.927px; font-family: ff12; -webkit-text-stroke: 0.193905px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">djusted mitigation ..........................</span></span></span><span style=\"display:inherit;clear:left;\">Collater<span class=\"_ _0\"></span>al against exposures to derivatives </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _15\"> </span>Group <span class=\"_ _1c\"> </span>applies <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>same <span class=\"_ _15\"> </span>valuation <span class=\"_ _1c\"> </span>methods <span class=\"_ _15\"> </span>to <span class=\"_ _15\"> </span>collateral <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>as <span class=\"_ _15\"> </span>other <span class=\"_ _15\"> </span>comparable <span class=\"_ _15\"> </span>assets <span class=\"_ _15\"> </span>held <span class=\"_ _1c\"> </span>by <span class=\"_ _15\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group. Haircuts <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>applied to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>market value <span class=\"_ _2\"></span>of the <span class=\"_ _2\"></span>collateral <span class=\"_ _2\"></span>for liquidity <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>other factors <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>may a<span class=\"ff56\">ff</span>ect <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">applied collateral value of the asset. </span><span style=\"display:inherit;clear:left;position:relative;height:294.423828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 0.0039062px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 18.6934px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 34.8965px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.2812px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 51.2715px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 71.748px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 73.2246px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">178.688</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">69.133</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">268.494</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">716.315</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 88.123px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 89.6152px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">107.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">99.689</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.955.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.56</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.311</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 104.545px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 423.719px; top: 105.99px; width: 304.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5.200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9042px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.506</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.706</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 122.193px; width: 317.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.162</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">68.822</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.226.348</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.28</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.332</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 481.5px; top: 162.191px; width: 138.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Market value </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff13; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">of collateral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 497.688px; top: 180.881px; width: 129.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9571px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Variable</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 492.844px; top: 197.256px; width: 215.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.7832px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">come</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 213.641px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 390.422px; top: 213.631px; width: 328.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deposits</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.633px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">curities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">securi</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ties</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.5373px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">colla</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">teral</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 231.232px; width: 355.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial institutions ...................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 232.709px; width: 318.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">173.112</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9551px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">80.761</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.7107px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">495.750</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">849.623</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 247.436px; width: 353.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Corporate custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers .................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 248.912px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">186.150</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.239.908</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.426.416</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.475</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 263.811px; width: 353.461px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Individ</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">uals ..................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 446.953px; top: 265.287px; width: 282.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.6034px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.2071px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.7716px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.266px; top: 281.678px; width: 317.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">359.262</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9143px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.420.669</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.922.166</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.4434px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 11.5507px; font-family: ff12; -webkit-text-stroke: 0.173261px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2.097</span></span></span><span style=\"display:inherit;clear:left;\">Management regu<span class=\"_ _0\"></span>larly monitors <span class=\"_ _0\"></span>the development of <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets rela<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>credit risk, <span class=\"_ _0\"></span>and the <span class=\"_ _0\"></span>company <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>implemen<span class=\"_ _2\"></span>ted </span><span style=\"display:inherit;clear:left;\">polic<span class=\"_ _2\"></span>ies <span class=\"_ _13\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _14\"></span>rules <span class=\"_ _14\"></span>aim<span class=\"_ _2\"></span>ed <span class=\"_ _18\"></span>at <span class=\"_ _13\"></span>m<span class=\"_ _2\"></span>inimizing <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>ik<span class=\"_ _0\"></span>elihood <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>credit <span class=\"_ _18\"></span>loss<span class=\"_ _0\"></span>es <span class=\"_ _14\"></span>by<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>e.g., <span class=\"_ _14\"></span>im<span class=\"_ _2\"></span>posing <span class=\"_ _14\"></span>stricter <span class=\"_ _18\"></span>requirements <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">security an<span class=\"_ _2\"></span>d choosing <span class=\"_ _2\"></span>counterparties d<span class=\"_ _2\"></span>iligently<span class=\"_ _1\"></span>. Th<span class=\"_ _2\"></span>e und<span class=\"_ _2\"></span>erlyin<span class=\"_ _2\"></span>g collater<span class=\"_ _0\"></span>al is n<span class=\"_ _2\"></span>ot taken into <span class=\"_ _2\"></span>account w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>estimating </span><span style=\"display:inherit;clear:left;\">the maximum c<span class=\"_ _2\"></span>redit risk. </span><span style=\"display:inherit;clear:left;\">The maxim<span class=\"_ _2\"></span>um e<span class=\"_ _0\"></span>xposure to credit risk corresponds to the <span class=\"_ _2\"></span>carrying amounts d<span class=\"_ _2\"></span>isclos<span class=\"_ _0\"></span>ed bel<span class=\"_ _2\"></span>ow: </span><span style=\"display:inherit;clear:left;position:relative;height:101.265625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 582.844px; top: 0.0039062px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.12.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 21.2695px; width: 552.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents ................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 595.641px; top: 21.2695px; width: 133.298px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.6602px; width: 550.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables (without pay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.02206px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ents) ...................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">............................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 37.6602px; width: 143.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.9926px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.0508px; width: 550.702px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Securities used for hedging ...............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 584.703px; top: 54.0508px; width: 143.763px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.109.524</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1769px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.102.840</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.457px; width: 550.358px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers ...........................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 70.457px; width: 151.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.836.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5621px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 577.172px; top: 87.0195px; width: 150.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.832.486</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.5578px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.034.70</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7</span></span></span><span style=\"display:inherit;clear:left;\">Cash <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ash <span class=\"_ _2\"></span>eq<span class=\"_ _2\"></span>uivalents <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>bank <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>eposits <span class=\"_ _2\"></span>with<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>institutions <span class=\"_ _13\"></span>that <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>ban<span class=\"_ _2\"></span>k <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsiders <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _13\"></span>trustworthy<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>are <span class=\"_ _13\"></span>also <span class=\"_ _14\"></span>mostly <span class=\"_ _14\"></span>insured, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>manageme<span class=\"_ _2\"></span>nt <span class=\"_ _13\"></span>t<span class=\"_ _2\"></span>herefor<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>assesse<span class=\"_ _0\"></span>s <span class=\"_ _13\"></span>the <span class=\"_ _14\"></span>cred<span class=\"_ _2\"></span>it <span class=\"_ _13\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>eq<span class=\"_ _2\"></span>uivalent <span class=\"_ _14\"></span>as </span><span style=\"display:inherit;clear:left;\">being insignificant. <span class=\"_ _2\"></span>Securities c<span class=\"_ _2\"></span>onsist of government bonds and governmen<span class=\"_ _2\"></span>t bills wher<span class=\"_ _0\"></span>e the credit risk is consid<span class=\"_ _2\"></span>ered </span><span style=\"display:inherit;clear:left;\">insignificant. <span class=\"_ _16\"> </span>Management <span class=\"_\"> </span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses <span class=\"_ _18\"> </span>credit<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>risk <span class=\"_ _16\"> </span>due <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>ac<span class=\"_ _2\"></span>counts <span class=\"_ _18\"> </span>receivable, <span class=\"_ _18\"> </span>other<span class=\"_ _2\"></span> <span class=\"_ _16\"> </span>receivables<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>receivables <span class=\"_ _18\"> </span>from </span><span style=\"display:inherit;clear:left;\">related entit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>loans <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>customers on<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>case-by-case<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>basis based <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>indiv<span class=\"_ _2\"></span>idual customers and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>as </span><span style=\"display:inherit;clear:left;\">there are relatively few debtors<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>tables <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elow <span class=\"_ _13\"></span>sho<span class=\"_ _0\"></span>w <span class=\"_ _13\"></span>changes <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>type <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _2\"></span>asset <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>level <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>9<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>model. </span><span style=\"display:inherit;clear:left;\">Changes <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>Stage<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>Sta<span class=\"_ _2\"></span>ge <span class=\"_ _0\"></span>2 <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ccur <span class=\"_ _0\"></span>when <span class=\"_ _0\"></span>there <span class=\"_ _0\"></span>has <span class=\"_ _0\"></span>been <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>increase <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>credit risk<span class=\"_ _0\"></span>. A <span class=\"_ _1\"></span>reasses<span class=\"_ _0\"></span>sment <span class=\"_ _0\"></span>from </span><span style=\"display:inherit;clear:left;\">Stage1 <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>2 <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>St<span class=\"_ _2\"></span>age<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>3 <span class=\"_ _14\"></span>occurs <span class=\"_ _13\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>there <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>an <span class=\"_ _14\"></span>objective <span class=\"_ _14\"></span>indication <span class=\"_ _14\"></span>of <span class=\"_ _13\"></span>impairmen<span class=\"_ _2\"></span>t. <span class=\"_ _13\"></span>Reassessment <span class=\"_ _13\"></span>from <span class=\"_ _14\"></span>Stage <span class=\"_ _13\"></span>3 </span><span style=\"display:inherit;clear:left;\">occur when<span class=\"_ _2\"></span> there <span class=\"_ _2\"></span>is no longer <span class=\"_ _2\"></span>an obje<span class=\"_ _2\"></span>ctive indication <span class=\"_ _2\"></span>of impairment <span class=\"_ _2\"></span>or when <span class=\"_ _2\"></span>the credit <span class=\"_ _2\"></span>risk has dec<span class=\"_ _2\"></span>reased and is <span class=\"_ _2\"></span>no </span><span style=\"display:inherit;clear:left;\">longer con<span class=\"_ _2\"></span>sidered to have significantly increased <span class=\"_ _2\"></span>since the initial classification (from Stage 2 to Stage 1). </span><span style=\"display:inherit;clear:left;position:relative;height:100.234375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 583.688px; top: 0.0078125px; width: 116.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0477px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.516px; top: 16.2422px; width: 151.905px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6191px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Im</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pairment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.5078px; width: 546.114px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carryov</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er from</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> prior ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar ...................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 37.5078px; width: 124.735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.815</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.7266px; width: 545.612px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reassessm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent of expected credit loss ........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519462px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">......................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 601.719px; top: 53.7266px; width: 117.626px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6.627</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 69.9609px; width: 546.126px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Final loss ............................................................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 626.812px; top: 69.9609px; width: 93.1533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1102px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.1797px; width: 543.272px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total provisions at y</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.41417px; width: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ear-end ..............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 594.25px; top: 86.3672px; width: 124.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">17.442</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.4405px; font-size: 12.6321px; font-family: ff12; -webkit-text-stroke: 0.189481px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.815</span></span></span><span style=\"display:inherit;clear:left;\">A total of 417 m ISK were classified in<span class=\"_ _2\"></span> Stage 2 as of 31 De<span class=\"_ _2\"></span>cember 2025. </span><span style=\"display:inherit;clear:left;\">The tabl<span class=\"_ _2\"></span>e below show<span class=\"_ _0\"></span>s the nominal<span class=\"_ _2\"></span> value of financial assets and wr<span class=\"_ _2\"></span>ite-downs by age (number<span class=\"_ _2\"></span> of days past maturity) </span><span style=\"display:inherit;clear:left;\">and classification: </span><span style=\"display:inherit;clear:left;position:relative;height:133.703125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.812px; top: 0.0039062px; width: 228.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.987px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expect</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.5084px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">oked</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.484px; top: 16.3945px; width: 245.005px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value of claim</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">c</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.519484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">redit losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.426px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">balance</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 37.4727px; width: 453.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not ye</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t due .............................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 37.4727px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 53.8789px; width: 453.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 1-30 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ...................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 70.2695px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 31-60 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 86.6758px; width: 453.255px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default 61-90 days </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 103.066px; width: 452.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Default &gt;90 day</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414188px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s ....................................................................................................</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.172px; top: 119.457px; width: 242.536px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">11.853.950</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.8628px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">(17.442)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.3202px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span></span><span style=\"display:inherit;clear:left;\">On <span class=\"ws141\">and <span class=\"ff57 ws0\">off</span><span class=\"ws99\"> <span class=\"ws151\">balance <span class=\"ws113\">sheet <span class=\"ws152\">exposure <span class=\"ws153\">for <span class=\"ws0\">Fossar </span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">The maximum exposure to credit risk for on<span class=\"ff38\">\u2011</span>balance sheet and o<span class=\"_ _2\"></span><span class=\"ff58\">ff<span class=\"ff38\">\u2011</span></span>balance sheet items, for the Bank, before taking </span><span style=\"display:inherit;clear:left;\">int<span class=\"ws153\">o </span>accoun<span class=\"ws154\">t </span>an<span class=\"ws155\">y </span>collatera<span class=\"ws154\">l </span>hel<span class=\"wsaf\">d </span>o<span class=\"ws156\">r </span>othe<span class=\"_ _2\"></span><span class=\"ws157\">r </span>credi<span class=\"ws25\">t </span>enhanc<span class=\"_ _2\"></span>ements<span class=\"wsc\">, </span>i<span class=\"ws92\">s </span>specifie<span class=\"wsb6\">d </span>as follows: </span><span style=\"display:inherit;clear:left;position:relative;height:330.580078125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 63.8496px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.765px; font-family: ff13; -webkit-text-stroke: 0.191475px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 12.4824px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 28.8887px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.5137px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">496.987</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.7324px; width: 727.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8417px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">323.417</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5545px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">420.960</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.517.934</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.123px; width: 727.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.441px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.508</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.867px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.836.508</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 99.3574px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.132</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.748px; width: 727.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.855px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.389.467</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.467</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.967px; width: 727.752px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.773.556</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">820.404</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.7012px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.809.067</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.403.028</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 182.484px; width: 63.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff13; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31.12.2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 298.797px; top: 196.857px; width: 241.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Public</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Financial </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.1502px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Corporate</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 295.016px; top: 213.248px; width: 414.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">entities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.1795px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">institutions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.5312px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">custom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.2188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Individuals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1523px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">T</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">otal</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.701px; width: 727.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents .............................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.554px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.605px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.795</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.107px; width: 727.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed income sec</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">urities ...................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.3809px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.9082px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.560</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.188px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.053.173</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 267.311px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loans to custome</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rs .........................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.465px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">783.746</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.2773px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.096.27</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.415781px; width: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.42px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.880.021</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 283.717px; width: 727.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivatives .......................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.582px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.541</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 299.936px; width: 727.986px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other assets .</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.521483px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">...................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.461px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.879px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917.051</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 316.342px; width: 727.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total ................................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5449px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.008.612</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4159px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">963.101</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.6739px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.131.867</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.3105px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.6484px; font-size: 12.7795px; font-family: ff12; -webkit-text-stroke: 0.191693px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.103.580</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__111": {
   "value": "<span style=\"display:inherit;clear:left;\">37.<span class=\"ff5f\"> <span class=\"_ _94\"></span><span class=\"ff5d\">Rel<span class=\"_ _2\"></span>ated part<span class=\"_ _0\"></span>ies</span></span></span><span style=\"display:inherit;clear:left;\">Related <span class=\"_ _0\"></span>parties are<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>those parties<span class=\"_ _0\"></span>, or <span class=\"_ _0\"></span>their companies<span class=\"_ _0\"></span>, tha<span class=\"_ _0\"></span>t hav<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>significant <span class=\"_ _0\"></span>in\ufb02uence on <span class=\"_ _0\"></span>the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>, whether <span class=\"_ _0\"></span>directly </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>indirectly<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Related parties <span class=\"_ _2\"></span>are b<span class=\"_ _2\"></span>oard members <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Grou<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>, t<span class=\"_ _2\"></span>he CEOs <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>key m<span class=\"_ _2\"></span>anagement <span class=\"_ _2\"></span>personnel, </span><span style=\"display:inherit;clear:left;\">associat<span class=\"_ _0\"></span>es as <span class=\"_ _0\"></span>disclosed in not<span class=\"_ _0\"></span>e 20, clo<span class=\"_ _0\"></span>se f<span class=\"_ _0\"></span>amily members of individuals identified as <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed parties, a<span class=\"_ _0\"></span>s w<span class=\"_ _0\"></span>ell as other </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ent <span class=\"_ _2\"></span>parties <span class=\"_ _13\"></span>directed <span class=\"_ _2\"></span>by <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>under <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>in\ufb02<span class=\"_ _2\"></span>uence <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _0\"></span>ransactions <span class=\"_ _2\"></span>with <span class=\"_ _13\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>parties <span class=\"_ _13\"></span>have <span class=\"_ _2\"></span>been<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">the same terms as with unre<span class=\"_ _2\"></span>lated parties. Salaries and ben<span class=\"_ _2\"></span>efits of the b<span class=\"_ _2\"></span>oar<span class=\"_ _0\"></span>d, CEOs and key management p<span class=\"_ _2\"></span>ersonnel </span><span style=\"display:inherit;clear:left;\">are disclosed in note 10.1. </span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>ransactions and balanc<span class=\"_ _2\"></span>es with related parties are specified<span class=\"_ _2\"></span> as follow<span class=\"_ _0\"></span>s: </span><span style=\"display:inherit;clear:left;position:relative;height:127.57421875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 23.4799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 417.25px; top: 0.443359px; width: 298.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.8154px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.565px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414049px; width: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 19.8652px; width: 681.052px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Board of directors and key managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent  .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.181</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.3453px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.274</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.7262px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.652</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.6898px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 34.9746px; width: 678.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Associates ............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0966px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.460</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5666px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231.242</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.9764px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.5209px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.860</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.4629px; width: 714.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 392.129px; font-size: 11.7474px; font-family: ff60; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.6041px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.8154px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.565px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Liabiliti</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.414049px; width: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">es</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 96.834px; width: 677.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Board of directors and key managem</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent  .............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9289px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.425</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1137px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.501</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.8658px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.592</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.6545px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">845</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1.07812px; top: 114.459px; width: 678.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Associates ............................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.51931px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">.................................................</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0966px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.203</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5666px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">138.981</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.675px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.9216px; font-size: 11.7474px; font-family: ff5f; -webkit-text-stroke: 0.17621px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.520</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__113": {
   "value": "<span style=\"display:inherit;clear:left;\">38.<span class=\"ff5f\"> <span class=\"_ _94\"></span><span class=\"ff5d\">Events after the reporting da<span class=\"_ _0\"></span>te</span></span></span><span style=\"display:inherit;clear:left;\">No <span class=\"_ _18\"> </span>event<span class=\"_ _2\"></span>s <span class=\"_ _18\"></span>have <span class=\"_ _18\"> </span>occurred <span class=\"_ _18\"> </span>after <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>end <span class=\"_ _18\"> </span>of <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>reporting <span class=\"_ _18\"> </span>per<span class=\"_ _2\"></span>iod <span class=\"_ _18\"> </span>that <span class=\"_ _18\"> </span>require <span class=\"_ _16\"> </span>the <span class=\"_ _18\"> </span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>hange <span class=\"_ _18\"> </span>these <span class=\"_ _18\"> </span>financ<span class=\"_ _2\"></span>ial </span><span style=\"display:inherit;clear:left;\">th</span><span style=\"display:inherit;clear:left;\">statements. <span class=\"_ _2\"></span>On<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>6</span><span style=\"display:inherit;clear:left;\"> <span class=\"_ _13\"></span>October <span class=\"_ _13\"></span>2025 <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>board <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>directors <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>S<span class=\"_ _2\"></span>k<span class=\"_ _0\"></span>agi <span class=\"_ _13\"></span>hf<span class=\"_ _0\"></span>. <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>\u00cdslandsbanki <span class=\"_ _13\"></span>hf. <span class=\"_ _2\"></span>ap<span class=\"_ _2\"></span>prove<span class=\"_ _0\"></span>d <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>initiation <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">formal <span class=\"_ _2\"></span>merger <span class=\"_ _13\"></span>negoti<span class=\"_ _0\"></span>ations, <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>both <span class=\"_ _2\"></span>parties <span class=\"_ _13\"></span>signed <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>H<span class=\"_ _2\"></span>eads <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>T<span class=\"_ _1\"></span>erms <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>e\ue7afect<span class=\"_ _2\"></span>. <span class=\"_ _2\"></span>Amon<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>other <span class=\"_ _13\"></span>k<span class=\"_ _1\"></span>e<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ommercial </span><span style=\"display:inherit;clear:left;\">terms <span class=\"_ _17\"> </span>it <span class=\"_ _1c\"> </span>outlines <span class=\"_ _17\"> </span>that <span class=\"_ _17\"> </span>S<span class=\"_ _2\"></span>kagi's<span class=\"_ _0\"></span> <span class=\"_ _17\"> </span>shareholders <span class=\"_ _17\"> </span>w<span class=\"_ _2\"></span>ill <span class=\"_ _17\"> </span>receive <span class=\"_ _17\"> </span>323,859,4<span class=\"_ _2\"></span>40 <span class=\"_ _17\"> </span>new <span class=\"_ _17\"> </span>sh<span class=\"_ _2\"></span>ares <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _17\"> </span>\u00cdsland<span class=\"_ _2\"></span>sbanki, <span class=\"_ _17\"> </span>representing </span><span style=\"display:inherit;clear:left;\">approximat<span class=\"_ _0\"></span>ely <span class=\"_ _2\"></span>1<span class=\"_ _2\"></span>5% <span class=\"_ _2\"></span>ownersh<span class=\"_ _2\"></span>ip <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ombined <span class=\"_ _13\"></span>company<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>This <span class=\"_ _13\"></span>indicates <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>share <span class=\"_ _2\"></span>price <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>SK <span class=\"_ _2\"></span>21.18 <span class=\"_ _13\"></span>per <span class=\"_ _2\"></span>Skagi <span class=\"_ _13\"></span>share </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>SK <span class=\"_ _2\"></span>124.00<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>per <span class=\"_ _13\"></span>\u00cdslandsbanki <span class=\"_ _13\"></span>share<span class=\"_ _1\"></span>. <span class=\"_ _13\"></span>Merger <span class=\"_ _2\"></span>discussion <span class=\"_ _13\"></span>remain <span class=\"_ _2\"></span>subject <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nal <span class=\"_ _13\"></span>merge<span class=\"_ _0\"></span>r <span class=\"_ _2\"></span>agreemen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>upon <span class=\"_ _13\"></span>which </span><span style=\"display:inherit;clear:left;\">shareholders <span class=\"_ _18\"> </span>app<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>vals <span class=\"_ _18\"></span>and <span class=\"_ _18\"> </span>relevant <span class=\"_ _16\"> </span>supervisory<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>authority <span class=\"_ _18\"> </span>approvals <span class=\"_ _18\"></span>will <span class=\"_ _18\"> </span>also <span class=\"_ _18\"> </span>be <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>equired, <span class=\"_ _18\"> </span>e.g. <span class=\"_ _18\"> </span>competition<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>and </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _18\"></span>supervisor<span class=\"_ _2\"></span>y <span class=\"_ _18\"></span>authorities. <span class=\"_ _14\"></span>Reference <span class=\"_ _18\"> </span>is <span class=\"_ _18\"></span>made <span class=\"_ _18\"> </span>to <span class=\"_ _18\"></span>note <span class=\"_ _14\"></span>19 <span class=\"_ _18\"> </span>(Share <span class=\"_ _18\"></span>in <span class=\"_ _14\"></span>subsid<span class=\"_ _2\"></span>iaries) <span class=\"_ _14\"></span>in <span class=\"_ _18\"> </span>relation <span class=\"_ _14\"></span>to<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>purchase <span class=\"_ _18\"> </span>of </span><span style=\"display:inherit;clear:left;\">shares in \u00cdslensk ver\u00f0br\u00e9f hf<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__114": {
   "value": "<span style=\"display:inherit;clear:left;\">39.<span class=\"ff12\"> <span class=\"_ _94\"></span><span class=\"ff4\">Material accounting policies</span></span></span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>accounting <span class=\"_ _18\"></span>policies <span class=\"_ _14\"></span>as <span class=\"_ _18\"> </span>set <span class=\"_ _18\"> </span>out <span class=\"_ _14\"></span>bel<span class=\"_ _2\"></span>ow <span class=\"_ _14\"></span>have <span class=\"_ _18\"></span>been <span class=\"_ _18\"></span>applied <span class=\"_ _14\"></span>co<span class=\"_ _2\"></span>nsistently <span class=\"_ _14\"></span>for <span class=\"_ _18\"> </span>all <span class=\"_ _14\"></span>period<span class=\"_ _2\"></span>s <span class=\"_ _14\"></span>describ<span class=\"_ _2\"></span>ed <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>annual </span><span style=\"display:inherit;clear:left;\">financial statements and for all the <span class=\"_ _2\"></span>Gro<span class=\"_ _0\"></span>up's entities<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>o <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>information <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>annual <span class=\"_ _2\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>statements, <span class=\"_ _2\"></span>notes <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>cluded <span class=\"_ _13\"></span>based <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>thei<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>rele<span class=\"_ _2\"></span>vance </span><span style=\"display:inherit;clear:left;\">and impo<span class=\"_ _2\"></span>rtance for the reader<span class=\"_ _0\"></span>s of these statements. Therefore<span class=\"_ _1\"></span>, in<span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>ormation that is neither <span class=\"_ _2\"></span>considered important nor </span><span style=\"display:inherit;clear:left;\">relevant for the readers of the annual finan<span class=\"_ _2\"></span>cial stat<span class=\"_ _0\"></span>ements is not in<span class=\"_ _2\"></span>cluded in the no<span class=\"_ _2\"></span>tes<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">39.1 The Gr<span class=\"_ _0\"></span>oup </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls12 ws7b\"> </span>Group's<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">annual</span> <span class=\"ls0 ws0\">finan<span class=\"_ _2\"></span>cial</span> <span class=\"ls0 ws0\">statements</span> <span class=\"ls0 ws0\">include</span> <span class=\"ls0 ws0\">t<span class=\"_ _2\"></span>he<span class=\"ls1e ws87\"> </span>annual<span class=\"ls1e ws87\"> </span>financial</span> <span class=\"ls0 ws0\">statements<span class=\"ls1f ws88\"> </span>of</span> <span class=\"ls0 ws0\">the<span class=\"ls1e ws87\"> </span>Par<span class=\"_ _0\"></span>ent<span class=\"ls12 ws7b\"> </span>Company<span class=\"ls12 ws7b\"> </span>an<span class=\"_ _2\"></span>d<span class=\"ls1e ws87\"> </span>its </span></span></span><span style=\"display:inherit;clear:left;\">subsidiaries. Subsidiaries <span class=\"_ _2\"></span>are entities controlled <span class=\"_ _2\"></span>by the Group. <span class=\"_ _2\"></span>The Group controls <span class=\"_ _2\"></span>an entity when it <span class=\"_ _2\"></span>is exposed to <span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">has <span class=\"_ _2\"></span>rights <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>variable <span class=\"_ _2\"></span>returns <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>involvement <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>entity <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>has <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ability <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a<span class=\"ff61\">ff</span>ect <span class=\"_ _2\"></span>those <span class=\"_ _2\"></span>returns <span class=\"_ _13\"></span>through </span><span style=\"display:inherit;clear:left;\">its <span class=\"_\"> </span>control <span class=\"_ _17\"> </span>over <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>entity<span class=\"_ _1\"></span>. <span class=\"_ _17\"> </span>The <span class=\"_\"> </span>financial <span class=\"_ _17\"> </span>statements <span class=\"_ _17\"> </span>of <span class=\"_ _17\"> </span>subsidiaries <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>included <span class=\"_ _17\"> </span>in <span class=\"_ _17\"> </span>the <span class=\"_ _17\"> </span>consolidated <span class=\"_ _17\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements from the date on which control commences until the date on which control ceases. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>financial <span class=\"_ _18\"> </span>results <span class=\"_ _16\"> </span>of <span class=\"_ _18\"> </span>su<span class=\"_ _2\"></span>bsidiaries <span class=\"_ _16\"> </span>acquired <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>r <span class=\"_ _18\"> </span>sol<span class=\"_ _2\"></span>d <span class=\"_ _18\"> </span>d<span class=\"_ _2\"></span>uring <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>year <span class=\"_ _18\"> </span>are <span class=\"_ _16\"> </span>included <span class=\"_ _16\"> </span>in <span class=\"_ _18\"> </span>th<span class=\"_ _2\"></span>e <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>onsolidated <span class=\"_ _16\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements from the date of acq<span class=\"_ _2\"></span>uisition to the d<span class=\"_ _2\"></span>ate of disposal, as appl<span class=\"_ _2\"></span>icable<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls1a ws83\"> </span>con<span class=\"_ _2\"></span>solidat<span class=\"_ _0\"></span>ed<span class=\"ls1a ws83\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"ls1a ws83\"> </span>sta<span class=\"_ _0\"></span>tements<span class=\"ls1a ws83\"> </span>include<span class=\"ls1a ws83\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls1a ws83\"> </span>rev<span class=\"_ _0\"></span>enue,<span class=\"ls1a ws83\"> </span>e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses,<span class=\"ls1a ws83\"> </span>as<span class=\"_ _0\"></span>sets<span class=\"ls1a ws83\"> </span>and<span class=\"ls1a ws83\"> </span>l<span class=\"_ _2\"></span>iabilities<span class=\"ls1a ws83\"> </span>of<span class=\"ls1a ws83\"> </span>the<span class=\"ls1a ws83\"> </span>Group <span class=\"_ _16\"> </span>from </span><span style=\"display:inherit;clear:left;\">tr<span class=\"_ _0\"></span>ansactions<span class=\"ls26 ws8f\"> </span>with<span class=\"ls26 ws8f\"> </span>th<span class=\"_ _2\"></span>ird<span class=\"ls26 ws8f\"> </span>parties<span class=\"_ _0\"></span>.<span class=\"ls26 ws8f\"> </span>Intercompany<span class=\"ls26 ws8f\"> </span>tr<span class=\"_ _0\"></span>ansition<span class=\"_ _2\"></span>s<span class=\"ls63 ws15e\"> </span>are<span class=\"ls26 ws8f\"> </span>eliminated<span class=\"ls26 ws8f\"> </span>in<span class=\"ls26 ws8f\"> </span>the<span class=\"ls26 ws8f\"> </span>consolidated<span class=\"ls26 ws8f\"> </span>acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nts.<span class=\"ls26 ws8f\"> </span>Where </span><span style=\"display:inherit;clear:left;\">applicable,<span class=\"ls13 ws7c\"> </span>the<span class=\"ls13 ws7c\"> </span>financial<span class=\"ls13 ws7c\"> </span>statements<span class=\"ls13 ws7c\"> </span>of<span class=\"ls13 ws7c\"> </span>subsidiaries<span class=\"ls13 ws7c\"> </span>are<span class=\"ls11 ws7a\"> </span>adjust<span class=\"_ _0\"></span>ed<span class=\"ls13 ws7c\"> </span>to <span class=\"_ _13\"></span>align<span class=\"ls13 ws7c\"> </span>them<span class=\"ls13 ws7c\"> </span>wit<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>accounting<span class=\"ls13 ws7c\"> </span>polic<span class=\"_ _2\"></span>ies<span class=\"ls13 ws7c\"> </span>of<span class=\"ls13 ws7c\"> </span>the </span><span style=\"display:inherit;clear:left;\">Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Non-<span class=\"_ _2\"></span>controlling <span class=\"_ _2\"></span>interests in<span class=\"_ _2\"></span> subsidiaries <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>ident<span class=\"_ _2\"></span>ified <span class=\"_ _2\"></span>separ<span class=\"_ _0\"></span>ately from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Group\u2019<span class=\"_ _1\"></span>s <span class=\"_ _2\"></span>equity <span class=\"_ _2\"></span>ther<span class=\"_ _2\"></span>ein. <span class=\"_ _2\"></span>Pr<span class=\"_ _0\"></span>ofit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss and </span><span style=\"display:inherit;clear:left;\">each component of <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _0\"></span>comprehen<span class=\"_ _2\"></span>sive <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>attributed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>owners <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the par<span class=\"_ _0\"></span>ent company <span class=\"_ _1\"></span>and<span class=\"_ _2\"></span> t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>non-</span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">controlling in<span class=\"_ _2\"></span>tere<span class=\"_ _0\"></span>sts.</span></span> </span><span style=\"display:inherit;clear:left;\">39.2 Ass<span class=\"_ _0\"></span>ociates </span><span style=\"display:inherit;clear:left;\">Associates <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>those companies <span class=\"_ _0\"></span>in which <span class=\"_ _0\"></span>the Company has <span class=\"_ _0\"></span>significant in\ufb02uence, <span class=\"_ _0\"></span>but not <span class=\"_ _0\"></span>control, ov<span class=\"_ _0\"></span>er their financial </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>operating <span class=\"_ _13\"></span>p<span class=\"_ _2\"></span>olicy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Significant <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span>\ufb02uence <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>usually <span class=\"_ _18\"></span>present <span class=\"_ _13\"></span>w<span class=\"_ _2\"></span>hen <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Company <span class=\"_ _14\"></span>holds <span class=\"_ _14\"></span>20% <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>50% <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>voting </span><span style=\"display:inherit;clear:left;\">rights, <span class=\"_ _13\"></span>including <span class=\"_ _13\"></span>any <span class=\"_ _14\"></span>potential <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>ercisable <span class=\"_ _13\"></span>voting <span class=\"_ _14\"></span>rights. <span class=\"_ _13\"></span>Interes<span class=\"_ _0\"></span>ts <span class=\"_ _13\"></span>in <span class=\"_ _14\"></span>associat<span class=\"_ _0\"></span>es <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>ac<span class=\"_ _2\"></span>counted <span class=\"_ _13\"></span>for <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _13\"></span>equity </span><span style=\"display:inherit;clear:left;\">method. </span><span style=\"display:inherit;clear:left;\">Equity met<span class=\"_ _2\"></span>hod </span><span style=\"display:inherit;clear:left;\">The equity method is an acc<span class=\"_ _0\"></span>ounting policy whereby <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>stments in ass<span class=\"_ _0\"></span>ociate<span class=\"_ _0\"></span>s are i<span class=\"_ _0\"></span>nitially recognised a<span class=\"_ _0\"></span>t cos<span class=\"_ _0\"></span>t and the </span><span style=\"display:inherit;clear:left;\">carrying amount is subsequently<span class=\"_ _2\"></span> adjust<span class=\"_ _0\"></span>ed in accordance with any changes <span class=\"_ _0\"></span>in the Company's s<span class=\"_ _0\"></span>hare of the net assets </span><span style=\"display:inherit;clear:left;\">of the associates<span class=\"_ _0\"></span>. The Com<span class=\"_ _2\"></span>pany's share of the profit of an<span class=\"_ _2\"></span> associat<span class=\"_ _0\"></span>e is recognised a<span class=\"_ _2\"></span>s part of the Co<span class=\"_ _2\"></span>mpany's profit or </span><span style=\"display:inherit;clear:left;\">loss<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>If <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>an <span class=\"_ _2\"></span>associat<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>exceeds <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _2\"></span>amount, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Company <span class=\"_ _2\"></span>does <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>recognise </span><span style=\"display:inherit;clear:left;\">any <span class=\"_ _13\"></span>further <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>l<span class=\"_ _2\"></span>oss <span class=\"_ _13\"></span>unless <span class=\"_ _13\"></span>it <span class=\"_ _13\"></span>ha<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>issued <span class=\"_ _13\"></span>guarantees <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>beh<span class=\"_ _2\"></span>alf <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>associate <span class=\"_ _13\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>financed <span class=\"_ _14\"></span>its <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>In </span><span style=\"display:inherit;clear:left;\">subsequent <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>eriods, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _13\"></span>does <span class=\"_ _2\"></span>not<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>recognise <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>associa<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>unt<span class=\"_ _2\"></span>il <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>unrecogni<span class=\"_ _2\"></span>sed </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">share of loss<span class=\"_ _0\"></span> has <span class=\"_ _2\"></span>been equalised.</span></span> </span><span style=\"display:inherit;clear:left;\">39.3 Goodwill<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Goodwill <span class=\"_ _18\"> </span>that <span class=\"_ _18\"> </span>arises <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>acquisitions <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>recognised <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>date <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>Company <span class=\"_ _16\"> </span>achieves <span class=\"_ _14\"></span>control <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>acquired </span><span style=\"display:inherit;clear:left;\">company<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Goodwill <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>di<span class=\"ff62\">ff</span>erence <span class=\"_ _2\"></span>between <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>acquisition <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>subsidiary <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>acquirer's <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">net <span class=\"_ _13\"></span>assets <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>subsidiar<span class=\"ls10\">y</span>,<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>acquisition<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Go<span class=\"_ _2\"></span>odwill <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>ot <span class=\"_ _13\"></span>amortised <span class=\"_ _13\"></span>but <span class=\"_ _2\"></span>tested <span class=\"_ _13\"></span>annually <span class=\"_ _2\"></span>for </span><span style=\"display:inherit;clear:left;\">impairment or<span class=\"_ _2\"></span> more often if <span class=\"_ _2\"></span>there is any indication of impairm<span class=\"_ _2\"></span>ent. For the purpose of<span class=\"_ _2\"></span> impairment testing, go<span class=\"_ _2\"></span>odwill is </span><span style=\"display:inherit;clear:left;\">allocat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to cash-generating units. <span class=\"_ _2\"></span>Those cash-generating units <span class=\"_ _2\"></span>to wh<span class=\"_ _2\"></span>ich good<span class=\"_ _2\"></span>will has bee<span class=\"_ _2\"></span>n allocated are <span class=\"_ _2\"></span>tested for </span><span style=\"display:inherit;clear:left;\">impairment. <span class=\"_ _13\"></span>Impairmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>has <span class=\"_ _2\"></span>occurred <span class=\"_ _13\"></span>if <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>exceeds <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>recover<span class=\"_ _0\"></span>able <span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>ount. <span class=\"_ _2\"></span>Im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>rst </span><span style=\"display:inherit;clear:left;\">recognised <span class=\"_ _13\"></span>by <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>good<span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>thereafter <span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>reduct<span class=\"_ _2\"></span>ion <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>that </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">cash-genera<span class=\"_ _0\"></span>ting unit. Im<span class=\"_ _2\"></span>pairment losses of goodwill are not<span class=\"_ _2\"></span> reversed in lat<span class=\"_ _0\"></span>er per<span class=\"_ _2\"></span>iods.</span></span> </span><span style=\"display:inherit;clear:left;\">39.4 For<span class=\"_ _0\"></span>eign cur<span class=\"_ _0\"></span>rencies </span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>ransactions<span class=\"ls14 ws7d\"> </span>in<span class=\"ls14 ws7d\"> </span>foreign<span class=\"ls14 ws7d\"> </span>currency<span class=\"ls14 ws7d\"> </span>are<span class=\"ls14 ws7d\"> </span>recognised<span class=\"ls14 ws7d\"> </span>at<span class=\"ls14 ws7d\"> </span>the <span class=\"_ _13\"></span>prevailing<span class=\"ls14 ws7d\"> </span>exchange<span class=\"ls14 ws7d\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"ls14 ws7d\"> </span>on<span class=\"ls14 ws7d\"> </span>the<span class=\"ls11 ws7a\"> </span>tr<span class=\"_ _0\"></span>ansaction<span class=\"ls13 ws7c\"> </span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>.<span class=\"ls14 ws7d\"> </span>Monetary<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilities <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>foreign <span class=\"_ _2\"></span>currencies <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>recognised <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>prevailing <span class=\"_ _2\"></span>exchange <span class=\"_ _2\"></span>rate <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>end <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the reporting </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">date. Foreign exchange di<span class=\"ff63\">ff</span>erences are recognised in pro<span class=\"_ _2\"></span>fit or loss.</span></span> </span><span style=\"display:inherit;clear:left;\">39.5 Insur<span class=\"_ _1\"></span>ance Revenue </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _16\"> </span>revenue <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>rec<span class=\"_ _2\"></span>ognized <span class=\"_ _16\"> </span>ove<span class=\"_ _0\"></span>r <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>age <span class=\"_ _16\"> </span>period <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>line <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>tr<span class=\"_ _0\"></span>ansf<span class=\"_ _0\"></span>er <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>insurance <span class=\"_ _18\"> </span>ser<span class=\"_ _2\"></span>vices <span class=\"_\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">policyhol<span class=\"_ _2\"></span>der<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Under <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Premium <span class=\"_ _2\"></span>Allocation <span class=\"_ _2\"></span>Approach <span class=\"_ _13\"></span>(P<span class=\"_ _1\"></span>AA), <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>e\ufb02ec<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>elease <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Liability </span><span style=\"display:inherit;clear:left;\">for Remaining Coverage<span class=\"_ _0\"></span> (LRC) as serv<span class=\"_ _2\"></span>ices are provided over time<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Measurement of the Liabil<span class=\"_ _2\"></span>ity for Rema<span class=\"_ _2\"></span>ining<span class=\"_ _0\"></span> Cover<span class=\"_ _0\"></span>age (LRC)<span class=\"ff4\"> </span></span><span style=\"display:inherit;clear:left;\">Initial<span class=\"ff19\"> Recognition:<span class=\"ff4 ws15f\"> <span class=\"ws0\">At the inception of the contract, the LRC is measured as the premiums received (or </span></span></span></span><span style=\"display:inherit;clear:left;\">receivable), net of any acquisition cash <span class=\"_ _2\"></span>flows if applicable. If a financing component exists, the LRC is </span><span style=\"display:inherit;clear:left;\">discounted accordingly<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Subsequent <span class=\"ws0\">Measurement:<span class=\"ff4 ws15a\"> <span class=\"wsee\">The <span class=\"ws0\">LRC is <span class=\"ws160\">reduced <span class=\"_ _2\"></span><span class=\"ws114\">over <span class=\"wsc2\">the <span class=\"ws11e\">coverage <span class=\"ws104\">period <span class=\"ws161\">as <span class=\"ws11d\">insurance <span class=\"ws162\">services </span></span></span></span></span></span></span></span>are </span></span></span></span></span><span style=\"display:inherit;clear:left;\">provided, <span class=\"ws163\">with <span class=\"ws135\">the <span class=\"ws164\">corresponding <span class=\"wsc2\">amount <span class=\"ws165\">recognized <span class=\"_ _2\"></span><span class=\"ws142\">as <span class=\"ws166\">insurance </span></span></span></span></span></span></span>revenue. <span class=\"wsc5\">Adjustments <span class=\"ws167\">are <span class=\"wsee\">made <span class=\"ws0\">for </span></span></span></span></span><span style=\"display:inherit;clear:left;\">changes <span class=\"ws106\">in </span>estimates <span class=\"ws0\">of future <span class=\"ws169\">premiums <span class=\"ws143\">and <span class=\"ws11a\">expected <span class=\"_ _2\"></span></span></span></span>claims.</span></span><span style=\"display:inherit;clear:left;\">Recognition <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Revenue<span class=\"ff4\"> <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>reporting <span class=\"_ _2\"></span>perio<span class=\"_ _2\"></span>d i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span></span><span style=\"display:inherit;clear:left;\">LRC <span class=\"_ _13\"></span>released <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>services <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>provided <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>Group <span class=\"_ _2\"></span>allocates <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>revenue <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>straight-line <span class=\"_ _13\"></span>basis <span class=\"_ _13\"></span>over </span><span style=\"display:inherit;clear:left;\">the coverage period. If the expected <span class=\"_ _2\"></span>pattern of the release of service di<span class=\"ff65\">ff</span>ers signi<span class=\"_ _2\"></span>ficantly from the straight-line basis, </span><span style=\"display:inherit;clear:left;\">then the <span class=\"_ _2\"></span>allocation is <span class=\"_ _2\"></span>changed <span class=\"_ _2\"></span>to the <span class=\"_ _2\"></span>expected pattern <span class=\"_ _2\"></span>for release <span class=\"_ _2\"></span>of service. <span class=\"_ _2\"></span>The group <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>the method <span class=\"_ _2\"></span>if facts </span><span style=\"display:inherit;clear:left;\">and circumstance change.  </span><span style=\"display:inherit;clear:left;\">Key <span class=\"ws16a\">c</span>onsiderations <span class=\"ws15d\">f</span>or recognizing insurance <span class=\"ws154\">re</span>venue: </span><span style=\"display:inherit;clear:left;\">Time-Based Recognition:<span class=\"ff4 wsba\"> <span class=\"ws0\">If <span class=\"_ _2\"></span>insurance coverage is provided <span class=\"_ _2\"></span>evenly over the contract <span class=\"_ _2\"></span>period, revenue is </span></span></span><span style=\"display:inherit;clear:left;\">recognized on <span class=\"_ _2\"></span>a straight-line basis.</span><span style=\"display:inherit;clear:left;\">Alternative Systematic Approaches:<span class=\"ff4 ws16b\"> If the risk pro<span class=\"ws0\">file changes over time, an alternative allocation method </span></span></span><span style=\"display:inherit;clear:left;\">is used to reflect the transfer of services more accurately<span class=\"_ _0\"></span><span class=\"ls64\">.</span></span><span style=\"display:inherit;clear:left;\">Adjustments for Premium Changes:<span class=\"ff4 ws10c\"> Revenue is adjusted for <span class=\"_ _0\"></span>cancellations, modi<span class=\"ws0\">fications, and other </span></span></span><span style=\"display:inherit;clear:left;\">changes in premium estimates.</span><span style=\"display:inherit;clear:left;\">Premiums <span class=\"_ _1\"></span>recei<span class=\"_ _2\"></span>ved <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>advance <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cover<span class=\"_ _1\"></span>age periods <span class=\"_ _1\"></span>are r<span class=\"_ _0\"></span>ecorded as <span class=\"_ _1\"></span>part <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>LRC <span class=\"_ _1\"></span>and recognized <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>revenue </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cover<span class=\"_ _0\"></span>age is <span class=\"_ _2\"></span>provided.<span class=\"_ _2\"></span> I<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e revenue <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>separ<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ely <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insurance serv<span class=\"_ _2\"></span>ice <span class=\"_ _2\"></span>result, whi<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">includes claims incurred, ris<span class=\"_ _2\"></span>k adjustments, and other<span class=\"_ _2\"></span> relat<span class=\"_ _0\"></span>ed expenses.</span></span> </span><span style=\"display:inherit;clear:left;\">39.6 Insur<span class=\"_ _1\"></span>ance service expenses </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _2\"></span>service <span class=\"_ _13\"></span>expenses <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>both <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>operating <span class=\"_ _2\"></span>expenses <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claims <span class=\"_ _2\"></span>expensed </span><span style=\"display:inherit;clear:left;\">during the <span class=\"_ _2\"></span>year<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Claims expensed consist <span class=\"_ _2\"></span>of claims <span class=\"_ _2\"></span>incurred during the <span class=\"_ _2\"></span>year as well <span class=\"_ _2\"></span>as the <span class=\"_ _2\"></span>e<span class=\"ff66\">ff</span>ect of reassessment <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>previous <span class=\"_ _1\"></span>years. <span class=\"_ _1\"></span>T<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>liability <span class=\"_ _0\"></span>due <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>incu<span class=\"_ _0\"></span>rred consists <span class=\"_ _1\"></span>of the <span class=\"_ _1\"></span>total amo<span class=\"_ _0\"></span>unt <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>reported <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>unsettled </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">claims as well as an actuar<span class=\"_ _2\"></span>ial estimation of in<span class=\"_ _2\"></span>curred but unreported claims.</span></span> </span><span style=\"display:inherit;clear:left;\">39.7 Insur<span class=\"_ _1\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">The Group issues contr<span class=\"_ _0\"></span>acts that transf<span class=\"_ _0\"></span>er both financ<span class=\"_ _2\"></span>ial and insurance risk from its customers to the Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Definition of insurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hich <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>agrees, <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>act, <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">compensate the po<span class=\"_ _2\"></span>licyholder for financial loss incurred due to an insured event. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>insured event <span class=\"_ _2\"></span>is uncerta<span class=\"_ _2\"></span>in, it<span class=\"_ _2\"></span> is no<span class=\"_ _2\"></span>t known <span class=\"_ _2\"></span>if or<span class=\"_ _2\"></span> when <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>occurs<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>and generally its <span class=\"_ _2\"></span>financial c<span class=\"_ _2\"></span>onsequences are <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">known beforehand. </span><span style=\"display:inherit;clear:left;\">Classification of insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntract<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts are clas<span class=\"_ _0\"></span>sified into categories based on the nature of the insured risk, life insurance and non-life </span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance with non-life insur<span class=\"_ _0\"></span>ance contracts <span class=\"_ _0\"></span>consisting of liabili<span class=\"_ _2\"></span>ty insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts, <span class=\"_ _0\"></span>accide<span class=\"_ _2\"></span>nt insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">and property insurance contracts,<span class=\"_ _0\"></span> includin<span class=\"_ _2\"></span>g marine and cargo insur<span class=\"_ _0\"></span>ance contracts. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rotect <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>customer <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>causing <span class=\"_ _13\"></span>harm <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>third <span class=\"_ _2\"></span>parties <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>result <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>their </span><span style=\"display:inherit;clear:left;\">legitimate <span class=\"_ _2\"></span>activities. <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>cident <span class=\"_ _13\"></span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>comp<span class=\"_ _2\"></span>ensate <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insured <span class=\"_ _13\"></span>own <span class=\"_ _2\"></span>bodily <span class=\"_ _13\"></span>injuries <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with </span><span style=\"display:inherit;clear:left;\">contractual pro<span class=\"_ _0\"></span>visions. </span><span style=\"display:inherit;clear:left;\">Property insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts compensate the Group's customers for damage to or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s of propert<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Customers that </span><span style=\"display:inherit;clear:left;\">carry <span class=\"_\"> </span>on <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ommercial <span class=\"_ _16\"> </span>activities <span class=\"_ _16\"> </span>may <span class=\"_ _16\"> </span>also <span class=\"_ _18\"> </span>b<span class=\"_ _2\"></span>e <span class=\"_ _16\"> </span>entitled<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>compensation <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>a <span class=\"_\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>of <span class=\"_\"> </span>earning<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>if <span class=\"_ _16\"> </span>their <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _18\"> </span>is </span><span style=\"display:inherit;clear:left;\">curtailed or<span class=\"_ _2\"></span> tempor<span class=\"_ _0\"></span>arily suspend<span class=\"_ _2\"></span>ed due to damage to the in<span class=\"_ _2\"></span>sured property<span class=\"_ _3\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Life <span class=\"_ _1\"></span>insurance <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>human life<span class=\"_ _1\"></span>, <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>instanc<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>eath <span class=\"_ _1\"></span>or <span class=\"_ _0\"></span>living <span class=\"_ _0\"></span>beyond <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>period. <span class=\"_ _0\"></span>Premiums </span><span style=\"display:inherit;clear:left;\">are recognized as revenue over the life of the contract. Compensation is expensed when<span class=\"_ _2\"></span> an insured event oc<span class=\"_ _2\"></span>curs<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Within <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>ca<span class=\"_ _0\"></span>tegory<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>asses<span class=\"_ _0\"></span>sed <span class=\"_ _2\"></span>whether<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>can <span class=\"_ _2\"></span>become <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>nerous<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumption <span class=\"_ _2\"></span>that<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pricing </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>under<span class=\"_ _2\"></span>lying <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>lead <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>dur<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>If <span class=\"_ _2\"></span>a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>proves to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>onero<span class=\"_ _2\"></span>us<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>loss<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>an <span class=\"_ _1\"></span>expense thro<span class=\"_ _0\"></span>ugh <span class=\"_ _0\"></span>profit <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>loss. <span class=\"_ _0\"></span>No <span class=\"_ _1\"></span>groups <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _0\"></span>agreements <span class=\"_ _0\"></span>have </span><span style=\"display:inherit;clear:left;\">been id<span class=\"_ _2\"></span>entified at the Group that are considered on<span class=\"_ _2\"></span>erou<span class=\"_ _0\"></span>s. </span><span style=\"display:inherit;clear:left;\">Contract boundaries </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>boundar<span class=\"_ _2\"></span>ies d<span class=\"_ _2\"></span>efine <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>within<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>boundary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>contract. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>measurement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">group <span class=\"_ _1\"></span>of <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>contracts <span class=\"_ _1\"></span>includes <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _1\"></span>\ufb02ows <span class=\"_ _0\"></span>arising <span class=\"_ _1\"></span>wit<span class=\"_ _2\"></span>hin <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>act <span class=\"_ _1\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>In <span class=\"_ _0\"></span>determinin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>wh<span class=\"_ _2\"></span>ich </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_ _0\"></span>\ufb02ows <span class=\"_ _1\"></span>fall <span class=\"_ _1\"></span>w<span class=\"_ _2\"></span>ithin <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, substantive <span class=\"_ _1\"></span>right<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>obligations <span class=\"_ _0\"></span>arising <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the terms <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>the contract, </span><span style=\"display:inherit;clear:left;\">together with <span class=\"_ _2\"></span>applicable laws and regulations, are considered.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _18\"> </span>have <span class=\"_\"> </span>a <span class=\"_ _18\"></span>les<span class=\"_ _0\"></span>s <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>han <span class=\"_ _18\"> </span>one<span class=\"_ _2\"></span>-year <span class=\"_ _18\"> </span>contract <span class=\"_ _18\"> </span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_\"> </span>typically <span class=\"_ _18\"> </span>until <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>next <span class=\"_ _18\"> </span>renewal <span class=\"_ _16\"> </span>date<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contract has one-year cover<span class=\"_ _0\"></span>age perio<span class=\"_ _2\"></span>d during which <span class=\"_ _2\"></span>ther<span class=\"_ _0\"></span>e are substantive rights and obligations. </span><span style=\"display:inherit;clear:left;\">The group uses the same prin<span class=\"_ _2\"></span>ciples for the contract boundaries of reinsur<span class=\"_ _0\"></span>ance contracts held. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws16e\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>ac<span class=\"ws106\">t </span>l<span class=\"_ _2\"></span>iabilities </span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>remaining cov<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>age: </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls65 ws16f\"> </span>Group<span class=\"ls65 ws16f\"> </span>uses<span class=\"ls65 ws16f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls65 ws170\"> </span>premi<span class=\"_ _2\"></span>um<span class=\"ls65 ws170\"> </span>allocation<span class=\"ls65 ws170\"> </span>approach<span class=\"ls66 ws16f\"> </span>(PAA)<span class=\"ls65 ws171\"> </span>to<span class=\"ls65 ws16f\"> </span>simplif<span class=\"_ _2\"></span>y<span class=\"_ _2\"></span><span class=\"ls67 ws16f\"> </span>the<span class=\"ls68 ws172\"> </span>measuremen<span class=\"_ _2\"></span>t<span class=\"ls69 ws16f\"> </span>of<span class=\"_ _2\"></span><span class=\"ls66 ws16f\"> </span>groups<span class=\"ls65 ws16f\"> </span>of<span class=\"ls65 ws170\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts. <span class=\"_ _0\"></span>On <span class=\"_ _0\"></span>initial <span class=\"_ _0\"></span>recognition of <span class=\"_ _1\"></span>eac<span class=\"_ _2\"></span>h gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>of contracts<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>liability<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>remaining cov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge </span><span style=\"display:inherit;clear:left;\">is measured <span class=\"_ _2\"></span>as the premium<span class=\"_ _2\"></span>s received <span class=\"_ _2\"></span>on initial recogni<span class=\"_ _2\"></span>tion.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls6a ws173\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls6a ws12c\"> </span>contracts<span class=\"ls6a ws173\"> </span>issued<span class=\"ls6a ws173\"> </span>by<span class=\"ls6a ws173\"> </span>the<span class=\"ls5c ws150\"> </span>group<span class=\"ls4f ws173\"> </span>have<span class=\"ls5c ws150\"> </span>a <span class=\"_ _14\"></span>cover<span class=\"_ _0\"></span>age<span class=\"ls6a ws173\"> </span>per<span class=\"_ _2\"></span>iod<span class=\"ls6a ws173\"> </span>of<span class=\"lsd ws173\"> </span>o<span class=\"_ _2\"></span>ne<span class=\"ls6a ws12c\"> </span>year<span class=\"ls6a ws12b\"> </span>or<span class=\"ls42 wsde\"> </span>les<span class=\"_ _0\"></span>s.<span class=\"ls6a ws12b\"> </span>For<span class=\"ls6a ws173\"> </span>contracts<span class=\"ls6a ws12b\"> </span>where<span class=\"ls42 wse0\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>perio<span class=\"_ _2\"></span>d<span class=\"ls58 ws175\"> </span>is<span class=\"ls58 ws176\"> </span>over<span class=\"ls6b ws177\"> </span>on<span class=\"_ _2\"></span>e<span class=\"ls6b ws174\"> </span>yea<span class=\"ls1d\">r</span>,<span class=\"ls6b ws174\"> </span>it<span class=\"ls6b ws178\"> </span>is<span class=\"ls6b ws174\"> </span>calc<span class=\"_ _2\"></span>ulated<span class=\"ls58 ws14a\"> </span>that<span class=\"ls6b ws174\"> </span>the<span class=\"_ _2\"></span><span class=\"ls6b ws177\"> </span>obligation<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>for<span class=\"ls6d ws174\"> </span>remaining<span class=\"ls6e ws14a\"> </span>cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>will<span class=\"ls6f ws177\"> </span>not<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>deviate </span><span style=\"display:inherit;clear:left;\">significantl<span class=\"_ _2\"></span>y from <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>bligati<span class=\"_ _0\"></span>on <span class=\"_ _2\"></span>that would have <span class=\"_ _2\"></span>been ar<span class=\"_ _2\"></span>rived at by app<span class=\"_ _2\"></span>lying the<span class=\"_ _2\"></span> gener<span class=\"_ _0\"></span>al me<span class=\"_ _2\"></span>asurement mod<span class=\"_ _2\"></span>el called </span><span style=\"display:inherit;clear:left;\">GMM, and<span class=\"_ _2\"></span> therefore P<span class=\"_ _1\"></span>AA w<span class=\"_ _2\"></span>ill also be used<span class=\"_ _2\"></span> for these cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws179\">e </span>Grou<span class=\"ws17a\">p <span class=\"ws17b\">has </span></span>chose<span class=\"ws17c\">n </span>t<span class=\"ws17d\">o </span>expens<span class=\"ws17e\">e </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws17f\">e </span>ac<span class=\"_ _2\"></span>quisitio<span class=\"ws52\">n <span class=\"_ _2\"></span></span>cas<span class=\"ws180\">h </span>\ufb02ow<span class=\"ws181\">s </span>whe<span class=\"ws17c\">n </span>the<span class=\"ws182\">y </span>ar<span class=\"ws183\">e </span>incurred<span class=\"ws184\">. </span>T<span class=\"ws185\">he </span>cover<span class=\"_ _0\"></span>ag<span class=\"ws17f\">e </span>per<span class=\"_ _2\"></span>io<span class=\"ws186\">d </span>is </span><span style=\"display:inherit;clear:left;\">defin<span class=\"_ _2\"></span>e<span class=\"wsb0\">d <span class=\"wsfe\">as </span></span>th<span class=\"ws187\">e </span>per<span class=\"_ _2\"></span>io<span class=\"wsb0\">d </span>whe<span class=\"ws188\">n <span class=\"ws106\">an </span></span>insure<span class=\"ws189\">d </span>even<span class=\"ws162\">t </span>ca<span class=\"wsee\">n </span>occu<span class=\"ls2c\">r</span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Subsequent<span class=\"_ _2\"></span>l<span class=\"ls15\">y</span><span class=\"ws18a\">, </span>t<span class=\"ws152\">he </span>carr<span class=\"_ _2\"></span>yi<span class=\"ws101\">ng </span>amoun<span class=\"ws18b\">t </span>of the liabilit<span class=\"_ _2\"></span><span class=\"ws18c\">y </span>fo<span class=\"ws18d\">r </span>remainin<span class=\"wsfb\">g </span>cover<span class=\"ws18e\">age </span>i<span class=\"ws18f\">s </span>increase<span class=\"ws101\">d </span>b<span class=\"ws190\">y </span>an<span class=\"ws191\">y </span>premium<span class=\"ws192\">s </span>rec<span class=\"_ _2\"></span>eive<span class=\"ws193\">d </span>and </span><span style=\"display:inherit;clear:left;\">decrease<span class=\"_ _2\"></span><span class=\"wsb0\">d </span>b<span class=\"_ _0\"></span><span class=\"ws10b\">y <span class=\"wsb6\">the <span class=\"ws0\">amou<span class=\"ws106\">nt </span>recognise<span class=\"ws194\">d <span class=\"ws195\">as </span></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>c<span class=\"ws141\">e </span>revenu<span class=\"wsee\">e </span>fo<span class=\"ws10c\">r </span>serv<span class=\"_ _2\"></span>ice<span class=\"ws130\">s </span>provided. <span class=\"fs1b\"> </span></span></span></span></span><span style=\"display:inherit;clear:left;\">Ser<span class=\"_ _2\"></span>vice<span class=\"ws196\">s </span>i<span class=\"ws197\">s <span class=\"_ _2\"></span></span>usuall<span class=\"ws153\">y </span>provide<span class=\"wsff\">d </span>base<span class=\"wsb0\">d </span>o<span class=\"wsc5\">n </span>pass<span class=\"ws198\">age </span>of time. </span><span style=\"display:inherit;clear:left;\">If a<span class=\"_ _0\"></span>t any <span class=\"_ _0\"></span>time during<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>the cover<span class=\"_ _0\"></span>age period, f<span class=\"_ _0\"></span>acts and circumstances indicate that a <span class=\"_ _0\"></span>group of <span class=\"_ _0\"></span>contracts is <span class=\"_ _0\"></span>onerous, then </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnises <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _13\"></span>or loss <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ncreases <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remaining <span class=\"_ _13\"></span>cover<span class=\"_ _1\"></span>age<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>extent <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>at t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">current <span class=\"_ _2\"></span>estimates <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ful<span class=\"_ _2\"></span>filment <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>remaining <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>exceed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _2\"></span> for remaining c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>incur<span class=\"_ _2\"></span>re<span class=\"wsc6\">d </span>c<span class=\"_ _0\"></span>laim<span class=\"_ _2\"></span>s: </span><span style=\"display:inherit;clear:left;\">Liability for <span class=\"_ _1\"></span>In<span class=\"_ _2\"></span>curred <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured as <span class=\"_ _1\"></span>the total <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>fulfilment<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>\ufb02ow<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>which comprise estimate<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">of<span class=\"ls70 ws199\"> </span>future<span class=\"ls71 ws10f\"> </span>cash<span class=\"ls70 ws19a\"> </span>\ufb02ows,<span class=\"ls71 ws10f\"> </span>adjusted<span class=\"_ _2\"></span><span class=\"ls72 ws199\"> </span>to<span class=\"ls72 ws19b\"> </span>re\ufb02ect<span class=\"ls72 ws199\"> </span>the<span class=\"_ _2\"></span><span class=\"ls72 ws19a\"> </span>time<span class=\"ls72 ws199\"> </span>value<span class=\"ls71 ws19c\"> </span>of<span class=\"ls70 ws199\"> </span>m<span class=\"_ _2\"></span>oney<span class=\"ls71 ws10f\"> </span>and<span class=\"ls72 ws199\"> </span>the<span class=\"ls71 ws19c\"> </span>associated<span class=\"ls72 ws199\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"ls73 ws199\"> </span>risks,<span class=\"ls71 ws19c\"> </span>and<span class=\"ls72 ws19a\"> </span>a <span class=\"_ _18\"> </span>ris<span class=\"_ _2\"></span>k </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t for non-financ<span class=\"_ _2\"></span>ial risk. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claims <span class=\"_ _2\"></span>and c<span class=\"_ _2\"></span>laims hand<span class=\"_ _2\"></span>ling c<span class=\"_ _2\"></span>osts includi<span class=\"_ _2\"></span>ng expected <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>handlin<span class=\"_ _2\"></span>g costs <span class=\"_ _2\"></span>are expensed <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the statement o<span class=\"_ _2\"></span>f profit </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s as <span class=\"_ _2\"></span>incurred <span class=\"_ _2\"></span>based on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>future cash <span class=\"_ _2\"></span>\ufb02ows to polic<span class=\"_ _2\"></span>yholders <span class=\"_ _2\"></span>or thi<span class=\"_ _2\"></span>rd parties to fu<span class=\"_ _2\"></span>lfil the<span class=\"_ _2\"></span> obl<span class=\"_ _2\"></span>igations </span><span style=\"display:inherit;clear:left;\">toward policyho<span class=\"_ _2\"></span>lders. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claim<span class=\"ws19d\">s </span>i<span class=\"_ _2\"></span>nclud<span class=\"ws19e\">e </span>di<span class=\"_ _2\"></span>rec<span class=\"ws19f\">t </span>claim<span class=\"ws19d\">s </span>hand<span class=\"_ _2\"></span>lin<span class=\"ws1a0\">g </span>cost<span class=\"ws19d\">s </span>t<span class=\"_ _2\"></span>ha<span class=\"ws1a1\">t </span>aris<span class=\"ws1a2\">e </span>fro<span class=\"ws1a3\">m </span>even<span class=\"ws1a4\">ts </span>th<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span><span class=\"ws19f\">t <span class=\"ws0\">hav<span class=\"ws1a2\">e </span>occurre<span class=\"ws1a5\">d </span>u<span class=\"ws1a6\">p <span class=\"ws1a7\">to </span></span>t<span class=\"ws1a8\">he </span>stateme<span class=\"ws1a9\">nt </span>o<span class=\"ws1a0\">f </span>financ<span class=\"_ _2\"></span>ial </span></span></span><span style=\"display:inherit;clear:left;\">positio<span class=\"wsee\">n </span>da<span class=\"ws152\">te </span>eve<span class=\"wsee\">n </span>i<span class=\"wsab\">f </span>the<span class=\"ws10b\">y <span class=\"ws15f\">have </span></span>no<span class=\"_ _2\"></span>t ye<span class=\"ws11a\">t </span>bee<span class=\"ws18b\">n </span>repor<span class=\"_ _2\"></span>te<span class=\"ws189\">d </span>t<span class=\"_ _0\"></span><span class=\"ws16b\">o <span class=\"ws0\">t<span class=\"ws1aa\">he </span>Group<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span></span></span><span style=\"display:inherit;clear:left;\">The Gro<span class=\"_ _0\"></span>up <span class=\"_ _0\"></span>recognises the <span class=\"_ _1\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>incurred<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>a <span class=\"_ _1\"></span>group <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>fulfil<span class=\"_ _2\"></span>ment </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_\"> </span>flows <span class=\"_ _17\"> </span>relating <span class=\"_ _17\"> </span>to <span class=\"_ _17\"> </span>incurred <span class=\"_\"> </span>claims. <span class=\"_ _17\"> </span>The <span class=\"_ _17\"> </span>future <span class=\"_ _17\"> </span>fulfilment <span class=\"_\"> </span>cash <span class=\"_ _17\"> </span>flows <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>discounted <span class=\"_\"> </span>(at <span class=\"_ _17\"> </span>current <span class=\"_ _17\"> </span>rates) <span class=\"_ _17\"> </span>and </span><span style=\"display:inherit;clear:left;\">adjusted <span class=\"_ _18\"> </span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>e<span class=\"ff67\">ff</span>ect <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>future<span class=\"ff67 ls23 ws1ab\"> <span class=\"ff68 ws0\">inflation<span class=\"ff67\">.<span class=\"ls74 ws1ac\"> </span></span></span></span>Fulfilment <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>flows <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>using <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>assessments <span class=\"_ _18\"></span>of <span class=\"_ _13\"></span>individual </span><span style=\"display:inherit;clear:left;\">cases <span class=\"_ _18\"> </span>reported <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>statistical <span class=\"_ _18\"></span>analyses <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>incurred <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>reported. <span class=\"_ _18\"> </span>The <span class=\"_ _14\"></span>provisions <span class=\"_ _14\"></span>include </span><span style=\"display:inherit;clear:left;\">claims handling costs.<span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Assumptio<span class=\"ws152\">ns </span>a<span class=\"ws1ad\">nd </span>interd<span class=\"_ _2\"></span>ependenc<span class=\"_ _2\"></span>ies<span class=\"fs1b ws156\"> </span></span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>aggrega<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>and the<span class=\"_ _2\"></span> evaluation o<span class=\"_ _2\"></span>f cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary<span class=\"_ _2\"></span> are signi<span class=\"_ _2\"></span>ficant assumptio<span class=\"_ _2\"></span>ns as <span class=\"_ _2\"></span>these d<span class=\"_ _2\"></span>efine the<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _14\"></span>premium <span class=\"_ _18\"> </span>allocation <span class=\"_ _18\"> </span>model\u2019s <span class=\"_ _18\"> </span>simplified <span class=\"_ _18\"> </span>measurement <span class=\"_ _18\"> </span>model. <span class=\"_ _18\"></span>Discounting <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>future <span class=\"_ _18\"> </span>inflation </span><span style=\"display:inherit;clear:left;\">a<span class=\"ff69\">ff</span>ects <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>particular <span class=\"_ _14\"></span>long <span class=\"_ _18\"></span>tailed <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>assessment <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>actual <span class=\"_ _14\"></span>claim <span class=\"_ _18\"> </span>takes <span class=\"_ _14\"></span>time. <span class=\"_ _18\"></span>This <span class=\"_ _14\"></span>is <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>case <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">claims in motor liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers\u2019 compensation, personal accident. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>incurred <span class=\"_ _16\"> </span>claims <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>determined <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>each <span class=\"_ _18\"> </span>line <span class=\"_ _16\"> </span>of <span class=\"_ _18\"></span>business <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _16\"> </span>actuarial <span class=\"_ _18\"> </span>methods. <span class=\"_ _18\"> </span>Expected <span class=\"_ _16\"> </span>cash  </span><span style=\"display:inherit;clear:left;\">flows <span class=\"_\"> </span>are <span class=\"_\"> </span>adjusted <span class=\"_ _17\"> </span>for <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>future <span class=\"_\"> </span>e<span class=\"ff6a\">ff</span>ect <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>inflation.<span class=\"_ _2\"></span><span class=\"ls75 ws1ae\"> </span>The <span class=\"_\"> </span>models <span class=\"_\"> </span>currently <span class=\"_ _17\"> </span>used <span class=\"_\"> </span>are <span class=\"_ _17\"> </span>Chain-Ladder<span class=\"_ _1\"></span>,<span class=\"_ _1\"></span><span class=\"ls45 ws1af\"> <span class=\"ls0 ws0\">Bornhuetter </span></span></span><span style=\"display:inherit;clear:left;\">Ferguson. In <span class=\"_ _2\"></span>some <span class=\"_ _1\"></span>instances, <span class=\"_ _0\"></span>historic <span class=\"_ _1\"></span>data <span class=\"_ _0\"></span>used <span class=\"_ _1\"></span>in <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>actuarial <span class=\"_ _0\"></span>models <span class=\"_ _1\"></span>need <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>be <span class=\"_ _1\"></span>supplemented <span class=\"_ _0\"></span>with <span class=\"_ _1\"></span>predictions for </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>development <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims. <span class=\"_ _13\"></span>This is <span class=\"_ _2\"></span>used <span class=\"_ _13\"></span>when there <span class=\"_ _13\"></span>are structural <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>underlying <span class=\"_ _2\"></span>insurance </span><span style=\"display:inherit;clear:left;\">risk. <span class=\"_ _13\"></span>In <span class=\"_ _13\"></span>this <span class=\"_ _13\"></span>situation, <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>historical <span class=\"_ _13\"></span>data <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>supplemented <span class=\"_ _13\"></span>with <span class=\"_ _14\"></span>an <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>priori <span class=\"_ _13\"></span>estimate <span class=\"_ _14\"></span>for <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>expected <span class=\"_ _14\"></span>change <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">level of claims. </span><span style=\"display:inherit;clear:left;\">Measu<span class=\"ws1b0\">rement, </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"wsc5\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act<span class=\"wsc2\">s </span>held </span><span style=\"display:inherit;clear:left;\">The Group applies the same principles to measure a group of reinsurance contracts and insurance contracts </span><span style=\"display:inherit;clear:left;\">issued, adapted where necessary to re<span class=\"_ _2\"></span>flect features that di<span class=\"_ _2\"></span><span class=\"ff6b\">ff</span>er from those of insurance contracts. <span class=\"_ _13\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The Liability for <span class=\"_ _0\"></span>remaining coverage <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>using the P<span class=\"_ _1\"></span>AA method<span class=\"_ _2\"></span>. The <span class=\"_ _0\"></span>reinsurance held have <span class=\"_ _0\"></span>a cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age period </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>one <span class=\"_ _2\"></span>ye<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>less. <span class=\"_ _2\"></span>For <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontracts w<span class=\"_ _2\"></span>here <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cov<span class=\"_ _0\"></span>erage p<span class=\"_ _2\"></span>erio<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>over <span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>yea<span class=\"ls76\">r</span>, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>coverage </span><span style=\"display:inherit;clear:left;\">will <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>deviate <span class=\"_ _1\"></span>signi<span class=\"_ _2\"></span>ficantly fr<span class=\"_ _0\"></span>om the <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _1\"></span>would have <span class=\"_ _1\"></span>bee<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>ar<span class=\"_ _2\"></span>rived <span class=\"_ _0\"></span>at <span class=\"_ _1\"></span>by applying <span class=\"_ _1\"></span>the gener<span class=\"_ _0\"></span>al <span class=\"_ _1\"></span>m<span class=\"_ _2\"></span>easurement </span><span style=\"display:inherit;clear:left;\">model<span class=\"_ _2\"></span> called GMM,<span class=\"_ _2\"></span> and therefore P<span class=\"_ _1\"></span>AA <span class=\"_ _2\"></span>will also be u<span class=\"_ _2\"></span>sed for these contracts. </span><span style=\"display:inherit;clear:left;\">I<span class=\"ws1a0\">f <span class=\"ws1b1\">a </span></span>loss-recover<span class=\"ws1b2\">y </span>co<span class=\"_ _2\"></span>mponen<span class=\"_ _2\"></span><span class=\"ws1b3\">t </span>i<span class=\"ws19d\">s </span>create<span class=\"ws1a5\">d </span>fo<span class=\"ws1b4\">r <span class=\"ws1b1\">a </span></span>grou<span class=\"ws1b5\">p </span>o<span class=\"ws1b6\">f </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"ws1a2\">e </span>contract<span class=\"ws1b7\">s </span>measure<span class=\"ws1b8\">d </span>und<span class=\"_ _2\"></span>e<span class=\"ws1b9\">r <span class=\"ws1ba\">the </span></span>P<span class=\"_ _1\"></span>AA<span class=\"_ _2\"></span><span class=\"ws1bb\">, </span>the<span class=\"ws1bc\">n <span class=\"ws1ba\">the </span></span>Group </span><span style=\"display:inherit;clear:left;\">adjust<span class=\"ws130\">s <span class=\"wsaf\">the </span></span>carr<span class=\"_ _2\"></span>ying amo<span class=\"_ _2\"></span>u<span class=\"ws1bd\">nt </span>of th<span class=\"wsba\">e </span>asse<span class=\"ws162\">t </span>fo<span class=\"ws1be\">r </span>r<span class=\"_ _0\"></span>emainin<span class=\"_ _2\"></span>g cover<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Discounting </span><span style=\"display:inherit;clear:left;\">Discounting <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>17 <span class=\"_ _2\"></span>involves <span class=\"_ _2\"></span>adjustin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cas<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>present <span class=\"_ _2\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>re\ufb02ec<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>me <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>one<span class=\"ls15\">y</span>. </span><span style=\"display:inherit;clear:left;\">Liability for i<span class=\"_ _2\"></span>ncurred claims is <span class=\"_ _2\"></span>discounted to re\ufb02ec<span class=\"_ _2\"></span>t the ti<span class=\"_ _2\"></span>me value of <span class=\"_ _2\"></span>money and<span class=\"_ _2\"></span> the associated financ<span class=\"_ _2\"></span>ial risks at the </span><span style=\"display:inherit;clear:left;\">reportin<span class=\"_ _2\"></span>g<span class=\"ls7a ws150\"> </span>date<span class=\"_ _0\"></span>.<span class=\"ls5c ws150\"> </span>Discount<span class=\"ls77 ws150\"> </span>rate<span class=\"ls78 ws14e\"> </span>re\ufb02ects<span class=\"ls78 wse1\"> </span>the<span class=\"ls6a ws173\"> </span>y<span class=\"_ _2\"></span>ield<span class=\"ls5c wse0\"> </span>cur<span class=\"_ _2\"></span>ve<span class=\"ls78 ws14e\"> </span>in<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 ws14e\"> </span>appropr<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>te<span class=\"ls78 ws14e\"> </span>currency<span class=\"ls44 ws150\"> </span>for<span class=\"ls7b ws150\"> </span>in<span class=\"_ _2\"></span>struments<span class=\"ls5c ws150\"> </span>that<span class=\"ls77 wse0\"> </span>expose<span class=\"ls3d ws1bf\"> </span>the </span><span style=\"display:inherit;clear:left;\">holde<span class=\"_ _2\"></span>r<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7d ws1c1\"> </span>no<span class=\"ls7c ws1c0\"> </span>or<span class=\"ls7c ws1c0\"> </span>negl<span class=\"_ _2\"></span>igible<span class=\"ls7c ws1c0\"> </span>credit<span class=\"ls7c ws1c2\"> </span>r<span class=\"_ _2\"></span>isk,<span class=\"ls7c ws1c0\"> </span>adjusted<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7c ws1c0\"> </span>re\ufb02ec<span class=\"_ _2\"></span>t<span class=\"ls7c ws1c0\"> </span>the<span class=\"ls6a ws12b\"> </span>liquidity<span class=\"ls7e ws1c1\"> </span>c<span class=\"_ _2\"></span>har<span class=\"_ _0\"></span>acteristics<span class=\"ls7c ws1c3\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls7f ws1c0\"> </span>payment<span class=\"_ _2\"></span><span class=\"ls7f ws1c2\"> </span>of<span class=\"ls7f ws1c0\"> </span>future<span class=\"ls7c ws1c0\"> </span>incurred </span><span style=\"display:inherit;clear:left;\">claims.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1c4\">e </span>EIOP<span class=\"_ _0\"></span><span class=\"wsab\">A <span class=\"ws0\">ris<span class=\"ws92\">k </span>fre<span class=\"ws1c5\">e </span>discou<span class=\"ws106\">nt </span>meet<span class=\"ws130\">s <span class=\"_ _2\"></span></span>thes<span class=\"ws141\">e </span>requiremen<span class=\"ws1c6\">ts <span class=\"ws9d\">and <span class=\"ws15f\">have </span></span></span>bee<span class=\"_ _2\"></span>n used. </span></span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Ris<span class=\"ws1c7\">k </span>Adjustm<span class=\"_ _2\"></span>ent </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>adjustment <span class=\"_ _13\"></span>represents <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>com<span class=\"_ _2\"></span>pensation <span class=\"_ _13\"></span>an <span class=\"_ _13\"></span>entity <span class=\"_ _13\"></span>requires <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>beari<span class=\"_ _2\"></span>ng <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>uncertaint<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>about <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>amount<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls78 ws14e\"> </span>tim<span class=\"_ _2\"></span>ing<span class=\"ls80 ws14e\"> </span>of<span class=\"ls81 ws14e\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls3d ws1bf\"> </span>cash<span class=\"ls78 ws14e\"> </span>\ufb02ows<span class=\"ls3d wsd3\"> </span>that<span class=\"_ _0\"></span><span class=\"ls82 ws14e\"> <span class=\"ls0 ws0\">arises<span class=\"ls3d wsd3\"> </span>from<span class=\"ls47 wsd3\"> </span>non-finan<span class=\"_ _2\"></span>cial</span><span class=\"ls78\"> <span class=\"ls0 ws0\">ri<span class=\"_ _2\"></span>sk<span class=\"ls3d ws1c8\"> </span>as<span class=\"ls3d wsd3\"> </span>the<span class=\"ls3d wsd3\"> </span>entity<span class=\"ls43 wsdf\"> </span>fulfi<span class=\"_ _2\"></span>ls</span><span class=\"wse1\"> <span class=\"ls0 ws0\">insur<span class=\"_ _0\"></span>ance<span class=\"ls3d wsd3\"> </span>contracts.<span class=\"ls3d wsd3\"> </span>The<span class=\"ls3d wsd3\"> </span>risk </span></span></span></span></span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _13\"></span>non-financia<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>(RA<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>re\ufb02<span class=\"_ _2\"></span>ects <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>compen<span class=\"_ _2\"></span>sation <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>equired<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>timing <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls7d ws1c1\"> </span>arising <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>non-fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>Sources<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>u<span class=\"_ _2\"></span>ncertaint<span class=\"_ _2\"></span>y <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">and timing of the cash \ufb02ows are link<span class=\"_ _0\"></span>ed to the determination of the LIC<span class=\"_ _0\"></span>, stat<span class=\"_ _0\"></span>ed above<span class=\"_ _0\"></span>, and the estimation of the fut<span class=\"_ _0\"></span>ure </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows, i.e<span class=\"_ _1\"></span>. w<span class=\"_ _2\"></span>hen the <span class=\"_ _2\"></span>claims payment<span class=\"_ _2\"></span>s tak<span class=\"_ _0\"></span>e plac<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">RA<span class=\"ls83 ws1c9\"> </span>is<span class=\"ls65 ws16f\"> </span>calculated<span class=\"ls65 ws16f\"> </span>on<span class=\"ls66 ws16f\"> </span>a <span class=\"_ _17\"> </span>group<span class=\"_ _2\"></span><span class=\"ls65 ws170\"> </span>level<span class=\"ls69 ws170\"> </span>for<span class=\"ls65 ws170\"> </span>the<span class=\"ls65 ws16f\"> </span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance<span class=\"ls65 ws170\"> </span>business.<span class=\"ls68 ws172\"> </span>A <span class=\"_\"> </span>cost<span class=\"ls65 ws16f\"> </span>of<span class=\"ls66 ws16f\"> </span>capital<span class=\"_ _2\"></span><span class=\"ls84 ws170\"> </span>approach<span class=\"ls65 ws16f\"> </span>is<span class=\"ls65 ws16f\"> </span>ch<span class=\"_ _2\"></span>osen,<span class=\"ls65 ws16f\"> </span>and<span class=\"ls68 ws1c9\"> </span>risk </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>osen <span class=\"_ _2\"></span>to represent <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>confid<span class=\"_ _2\"></span>ence <span class=\"_ _2\"></span>level <span class=\"_ _2\"></span>of 85 <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>cent<span class=\"_ _2\"></span>. <span class=\"_ _2\"></span>RA is <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>re<span class=\"_ _0\"></span>sented <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>full i<span class=\"_ _2\"></span>n the <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>serv<span class=\"_ _2\"></span>ice </span><span style=\"display:inherit;clear:left;\">result. </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Lev<span class=\"ws113\">el </span>o<span class=\"ws140\">f </span>Ag<span class=\"_ _2\"></span>greg<span class=\"_ _0\"></span>ation </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls85 ws1c9\"> </span>contracts<span class=\"ls85 ws1cd\"> </span>are<span class=\"ls57 ws14c\"> </span>aggregat<span class=\"_ _0\"></span>ed<span class=\"ls85 ws1cd\"> </span>into<span class=\"ls85 ws1cd\"> </span>p<span class=\"_ _2\"></span>ortfolios<span class=\"ls57 ws14c\"> </span>of<span class=\"ls86 ws1cd\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls85 ws1c9\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.<span class=\"ls57 ws14b\"> </span>A <span class=\"_\"> </span>portfolio<span class=\"ls85 ws1cd\"> </span>co<span class=\"_ _2\"></span>mprises<span class=\"ls57 ws14b\"> </span>of<span class=\"ls86 ws1cd\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>sim<span class=\"_ _2\"></span>ilar <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>managed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>togethe<span class=\"ls5a\">r</span>. <span class=\"_ _2\"></span>These <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ortfolios are <span class=\"_ _2\"></span>furt<span class=\"_ _2\"></span>her <span class=\"_ _2\"></span>div<span class=\"_ _2\"></span>ided <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>annual <span class=\"_ _2\"></span>cohorts, <span class=\"_ _2\"></span>i.e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ls87 ws1ce\"> </span>not<span class=\"ls88 ws174\"> </span>issued<span class=\"ls56 ws149\"> </span>more<span class=\"ls87 ws1ce\"> </span>than<span class=\"_ _2\"></span><span class=\"ls6d ws1ce\"> </span>one<span class=\"ls87 ws1ce\"> </span>year<span class=\"ls87 ws174\"> </span>apart<span class=\"ls56 ws149\"> </span>based<span class=\"ls58 ws14a\"> </span>in<span class=\"_ _2\"></span><span class=\"ls88 ws1ce\"> </span>a <span class=\"_ _17\"> </span>risk<span class=\"ls87 ws1ce\"> </span>basis.<span class=\"ls87 ws1ce\"> </span>P<span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>rtfolios<span class=\"ls87 ws174\"> </span>are<span class=\"ls89 ws1cf\"> </span>determined<span class=\"ls87 ws1ce\"> </span>based<span class=\"ls87 ws174\"> </span>on<span class=\"ls88 ws1ce\"> </span>a </span><span style=\"display:inherit;clear:left;\">segmentation <span class=\"_ _2\"></span>of business, o<span class=\"_ _2\"></span>r a c<span class=\"_ _2\"></span>ombination <span class=\"_ _2\"></span>of li<span class=\"_ _2\"></span>ne of <span class=\"_ _2\"></span>business (as d<span class=\"_ _2\"></span>efined <span class=\"_ _2\"></span>by the <span class=\"_ _2\"></span>management)<span class=\"_ _2\"></span>, business area <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">countr<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">No <span class=\"ws0\">materi<span class=\"wsbf\">al </span>onerou<span class=\"ws92\">s </span>contract<span class=\"ws145\">s <span class=\"ws1d0\">have </span></span>bee<span class=\"wsae\">n </span>id<span class=\"_ _2\"></span>entified<span class=\"wsfa\">. </span> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Separation </span><span style=\"display:inherit;clear:left;\">Contracts <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>transfer <span class=\"_ _0\"></span>a significant insurance <span class=\"_ _0\"></span>risk are <span class=\"_ _0\"></span>classified as insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts. Contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>by <span class=\"_ _0\"></span>the gro<span class=\"_ _0\"></span>up </span><span style=\"display:inherit;clear:left;\">under<span class=\"ls56 ws149\"> </span>wh<span class=\"_ _2\"></span>ich<span class=\"ls59 ws14a\"> </span>it<span class=\"ls57 ws14b\"> </span>transfers<span class=\"ls57 ws14b\"> </span>significant<span class=\"ls8a ws14c\"> </span>insurance<span class=\"ls56 ws149\"> </span>risk<span class=\"ls56 ws149\"> </span>related<span class=\"ls56 ws149\"> </span>to<span class=\"ls56 ws149\"> </span>underly<span class=\"_ _2\"></span>ing<span class=\"ls8b ws14b\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nce<span class=\"ls56 ws14a\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls56 ws149\"> </span>as </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>p <span class=\"_ _2\"></span>issues <span class=\"_ _13\"></span>certain <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>life <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>policies, <span class=\"_ _13\"></span>which <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>cluded <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>art, <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>separa<span class=\"_ _0\"></span>te <span class=\"_ _13\"></span>unit </span><span style=\"display:inherit;clear:left;\">linked<span class=\"ls8c ws1d1\"> </span>saving<span class=\"ls8d ws96\"> </span>part.<span class=\"ls36 wsd1\"> </span>Using<span class=\"ls8d ws96\"> </span>the<span class=\"ls2a ws96\"> </span>p<span class=\"_ _2\"></span>rinciples<span class=\"ls36 wsd1\"> </span>for<span class=\"ls8c ws1d1\"> </span>separa<span class=\"_ _0\"></span>tion,<span class=\"ls2a ws96\"> </span>these<span class=\"ls2a ws96\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts<span class=\"ls2a ws96\"> </span>are<span class=\"ls36 wsd1\"> </span>split<span class=\"ls2a ws96\"> </span>into<span class=\"ls2a ws96\"> </span>a <span class=\"_ _18\"></span>savings<span class=\"ls36 wsd1\"> </span>and<span class=\"ls2a ws96\"> </span>an<span class=\"ls2a ws96\"> </span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce </span><span style=\"display:inherit;clear:left;\">compo<span class=\"_ _2\"></span>nent. The <span class=\"_ _1\"></span>sav<span class=\"_ _2\"></span>ings <span class=\"_ _0\"></span>component <span class=\"_ _0\"></span>is v<span class=\"_ _0\"></span>alued using <span class=\"_ _1\"></span>I<span class=\"_ _2\"></span>FRS 9, <span class=\"_ _1\"></span>b<span class=\"_ _2\"></span>ecause <span class=\"_ _0\"></span>the inv<span class=\"_ _0\"></span>estment risk <span class=\"_ _1\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>borne by <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>policyholde<span class=\"ls5a\">r</span>, </span><span style=\"display:inherit;clear:left;\">and it is <span class=\"_ _2\"></span>distinct<span class=\"_ _2\"></span> from the insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e ris<span class=\"_ _2\"></span>k. The insurance compo<span class=\"_ _2\"></span>nent is valued <span class=\"_ _2\"></span>using IF<span class=\"_ _2\"></span>RS17. </span><span style=\"display:inherit;clear:left;\">Thes<span class=\"ws1d2\">e </span>princ<span class=\"_ _2\"></span>iple<span class=\"ws1d3\">s </span>ensur<span class=\"ws1d4\">e </span>tha<span class=\"ws1d5\">t </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span><span class=\"ws1d6\">e </span>contrac<span class=\"ws1d7\">ts <span class=\"ws7b\">are </span></span>measure<span class=\"wse\">d </span>accur<span class=\"_ _0\"></span>atel<span class=\"ls10\">y</span><span class=\"ws1d8\">, </span>tr<span class=\"_ _0\"></span>ansparentl<span class=\"_ _2\"></span><span class=\"ls65\">y</span><span class=\"ws1d9\">, <span class=\"ws1da\">and </span></span>i<span class=\"ws1db\">n <span class=\"ws1dc\">a </span></span>manne<span class=\"ws1dd\">r </span>that </span><span style=\"display:inherit;clear:left;\">re\ufb02ect<span class=\"ws145\">s <span class=\"_ _2\"></span></span>th<span class=\"ws1cc\">e </span>economi<span class=\"ws126\">c </span>realit<span class=\"ws1de\">y </span>of t<span class=\"_ _2\"></span><span class=\"ws113\">he </span>underly<span class=\"_ _2\"></span>ing risk<span class=\"ws92\">s <span class=\"wsb2\">and </span></span>cas<span class=\"wsae\">h </span>\ufb02ows<span class=\"wsac\">. </span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>ac<span class=\"_ _2\"></span>quisition cost </span><span style=\"display:inherit;clear:left;\">Al<span class=\"ws1e0\">l </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws1e1\">e </span>acquisit<span class=\"_ _2\"></span>io<span class=\"ws1e2\">n </span>cost<span class=\"ws1e3\">s </span>ar<span class=\"ws1e1\">e </span>re<span class=\"_ _0\"></span>cognize<span class=\"ws2b\">d </span>immed<span class=\"_ _2\"></span>iate<span class=\"_ _0\"></span>l<span class=\"ws158\">y </span>i<span class=\"ws1e4\">n <span class=\"ws1e5\">the </span></span>statemen<span class=\"ws1e6\">t </span>o<span class=\"ws1e6\">f </span>profi<span class=\"ws1e7\">t </span>o<span class=\"ws1e8\">r </span>los<span class=\"ws1e9\">s <span class=\"ws1ea\">as <span class=\"ws1eb\">an </span></span></span>expens<span class=\"ws1e1\">e </span>i<span class=\"ws1ec\">n </span>the </span><span style=\"display:inherit;clear:left;\">perio<span class=\"wsb6\">d </span>i<span class=\"_ _2\"></span><span class=\"ws16b\">n </span>whic<span class=\"ws16b\">h </span>the<span class=\"ws1ed\">y </span>ar<span class=\"ws1ee\">e </span>incurre<span class=\"wsb6\">d <span class=\"ws163\">and <span class=\"ws15b\">are </span></span></span>r<span class=\"_ _0\"></span>ecognise<span class=\"ws146\">d </span>unde<span class=\"ws1ef\">r </span>insuranc<span class=\"ws143\">e </span>servi<span class=\"_ _2\"></span>c<span class=\"ws143\">e </span>expens<span class=\"ws143\">e </span>i<span class=\"wsec\">n <span class=\"wsae\">the </span></span>Inco<span class=\"_ _2\"></span>m<span class=\"ws1f0\">e </span>sta<span class=\"_ _0\"></span>temen<span class=\"ws127\">t. </span> </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>contr<span class=\"_ _0\"></span>act<span class=\"ws114\">s </span>held </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1f1\">e </span>Grou<span class=\"ws1f2\">p </span>enter<span class=\"ws183\">s </span>int<span class=\"ws17c\">o </span>reinsuranc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>wit<span class=\"ws1f3\">h </span>t<span class=\"ws1f4\">he <span class=\"_ _2\"></span></span>purpos<span class=\"ws1f1\">e </span>o<span class=\"ws1f5\">f </span>mitigatin<span class=\"ws41\">g </span>it<span class=\"_ _2\"></span><span class=\"ws183\">s </span>risk<span class=\"ws1f6\">. </span>Rei<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>anc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>he<span class=\"ws1f7\">ld </span>are </span><span style=\"display:inherit;clear:left;\">eithe<span class=\"ws164\">r </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>portio<span class=\"_ _2\"></span><span class=\"ws12d\">nal </span>o<span class=\"ws1f8\">r </span>cove<span class=\"ws1ef\">r </span>th<span class=\"ws1ee\">e </span>total ris<span class=\"ws1ee\">k </span>i<span class=\"ws25\">f <span class=\"wsc2\">the </span></span>los<span class=\"ws145\">s </span>fro<span class=\"ws10c\">m <span class=\"wsc8\">a </span></span>clai<span class=\"ws140\">m </span>eve<span class=\"wsc5\">nt </span>exceed<span class=\"ws92\">s <span class=\"wsc2\">the </span></span>pre-agree<span class=\"ws106\">d </span>claim amount<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Premium <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>reinsurance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>ar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>reinsurance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>einsurers <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>eld <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>claims </span><span style=\"display:inherit;clear:left;\">received.<span class=\"ls8e ws1c1\"> </span>Th<span class=\"_ _2\"></span>ese<span class=\"ls8e ws1f9\"> </span>consists<span class=\"ls8e ws1f9\"> </span>of <span class=\"_ _13\"></span>claims<span class=\"ls8e ws1f9\"> </span>on <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue<span class=\"ls8e ws1c1\"> </span>to<span class=\"ls8e ws1f9\"> </span>their<span class=\"ls8e ws1f9\"> </span>share<span class=\"ls8e ws1f9\"> </span>of<span class=\"ls7e ws1f9\"> </span>the<span class=\"ls8e ws1c1\"> </span>claims <span class=\"_ _13\"></span>provision.<span class=\"_ _2\"></span><span class=\"ls8e ws1c1\"> </span>The<span class=\"ls8e ws1c1\"> </span>Group <span class=\"_ _13\"></span>applies<span class=\"ls8e ws1f9\"> </span>the </span><span style=\"display:inherit;clear:left;\">same <span class=\"_ _17\"> </span>accounting <span class=\"_ _15\"> </span>policies <span class=\"_ _17\"> </span>to <span class=\"_ _1c\"> </span>measure <span class=\"_ _1c\"> </span>a <span class=\"_ _1c\"> </span>group <span class=\"_ _17\"> </span>of <span class=\"_ _1c\"> </span>reinsurance <span class=\"_ _1c\"> </span>contracts, <span class=\"_ _1c\"> </span>adapted <span class=\"_ _1c\"> </span>where <span class=\"_ _1c\"> </span>necessary <span class=\"_ _1c\"> </span>to <span class=\"_ _1c\"> </span>reflect </span><span style=\"display:inherit;clear:left;\">features that di<span class=\"ff6c\">ff</span>er from those of insurance contracts.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for no<span class=\"_ _2\"></span>n-financial <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>for reinsurance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> using <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>milar st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tistical <span class=\"_ _2\"></span>model<span class=\"_ _2\"></span>s as f<span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls44 ws14f\"> </span>insurance<span class=\"ls19 ws14f\"> </span>contract<span class=\"ls44 ws14f\"> </span>so<span class=\"ls19 ws150\"> </span>that<span class=\"ls44 ws150\"> </span>it<span class=\"ls5c ws14f\"> </span>represents<span class=\"ls19 ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>amount<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls44 ws14f\"> </span>risk<span class=\"ls5b ws14d\"> </span>be<span class=\"_ _2\"></span>ing<span class=\"ls8f ws150\"> </span>transferred<span class=\"ls5c ws150\"> </span>by<span class=\"ls19 ws14f\"> <span class=\"_ _2\"></span></span>the<span class=\"ls5c ws150\"> </span>hold<span class=\"_ _2\"></span>er<span class=\"ls19 ws14f\"> </span>of<span class=\"ls44 ws14f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls5b ws14e\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls19 ws14f\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts to the<span class=\"_ _2\"></span> issuer of those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws10b\">t </span>financ<span class=\"wsec\">e </span>expense<span class=\"ws114\">s </span>from insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>contracts </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _13\"></span>finance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts <span class=\"_ _13\"></span>comprise <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>finance <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>recognised </span><span style=\"display:inherit;clear:left;\">in <span class=\"_ _13\"></span>profit <span class=\"_ _13\"></span>or <span class=\"_ _14\"></span>loss <span class=\"_ _13\"></span>during <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>period <span class=\"_ _14\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _14\"></span>with <span class=\"_ _13\"></span>IFRS <span class=\"_ _14\"></span>17 <span class=\"_ _13\"></span><span class=\"ff11\">Insurance <span class=\"_ _14\"></span>Contracts</span>. <span class=\"_ _13\"></span>These <span class=\"_ _14\"></span>amounts <span class=\"_ _13\"></span>arise <span class=\"_ _14\"></span>from <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">e<span class=\"ff6d\">ff</span>ect of the time value of money and financial risk related to insurance contracts issued. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls90 ws199\"> </span>finance<span class=\"ls90 ws1fa\"> </span>inc<span class=\"_ _2\"></span>ome<span class=\"ls91 ws1fb\"> </span>and<span class=\"ls90 ws199\"> </span>expenses<span class=\"ls4e ws110\"> </span>include<span class=\"ls90 ws199\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls90 ws1fa\"> </span>unwinding<span class=\"ls73 ws1fa\"> </span>of<span class=\"ls92 ws199\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls92 ws1fa\"> </span>ra<span class=\"_ _0\"></span>tes<span class=\"ls90 ws1fa\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls90 ws199\"> </span>to<span class=\"ls90 ws1fa\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls90 ws199\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _1\"></span>ac<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impact <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>assumpti<span class=\"_ _2\"></span>ons <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Finance <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>come <span class=\"_ _13\"></span>and </span><span style=\"display:inherit;clear:left;\">expenses<span class=\"ls2a ws96\"> </span>are<span class=\"ls2a ws96\"> </span>determined<span class=\"_ _2\"></span><span class=\"ls8c ws1d1\"> </span>using<span class=\"ls93 ws1d1\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls36 wsd2\"> </span>discount<span class=\"ls36 wsd1\"> </span>rates<span class=\"ls2a ws96\"> </span>applied<span class=\"ls2a wsd1\"> </span>on<span class=\"_ _2\"></span><span class=\"ls46 wsd1\"> </span>initial<span class=\"ls94 ws96\"> </span>recognition<span class=\"_ _2\"></span><span class=\"ls8c wsd3\"> </span>of<span class=\"ls8c ws1d1\"> </span>the<span class=\"ls2a ws96\"> </span>insurance<span class=\"ls2a ws96\"> </span>contracts<span class=\"ls2a ws96\"> </span>and, </span><span style=\"display:inherit;clear:left;\">where app<span class=\"_ _2\"></span>licable<span class=\"_ _0\"></span>, updated discount rates re\ufb02ecting current m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws1be\">t </span>financ<span class=\"ws1cc\">e </span>expense<span class=\"ws145\">s </span>from insuranc<span class=\"ws13f\">e </span>contrac<span class=\"ws161\">ts </span>ar<span class=\"ws13f\">e </span>pr<span class=\"_ _0\"></span>esente<span class=\"ws146\">d </span>withi<span class=\"wsc8\">n </span>ne<span class=\"wsc8\">t </span>financial inc<span class=\"_ _2\"></span>ome/<span class=\"_ _1\"></span>expens<span class=\"ws143\">e </span>i<span class=\"ws16b\">n </span>t<span class=\"ws113\">he </span>statement </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">o<span class=\"wsc8\">f </span>profit or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s.</span></span> </span><span style=\"display:inherit;clear:left;\">39.8 Interes<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span> income<span class=\"_ _0\"></span> and expense<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Interest income is recognised in <span class=\"_ _2\"></span>the statement of profit or loss<span class=\"_ _0\"></span> as it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>xpense on financial <span class=\"_ _0\"></span>liabilities measured a<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>amortised<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cost <span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>cognised in the <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>ement of <span class=\"_ _0\"></span>profit or <span class=\"_ _0\"></span>loss as </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>.</span></span>  </span><span style=\"display:inherit;clear:left;\">39.9 Fe<span class=\"_ _0\"></span>e and commissi<span class=\"_ _0\"></span>on income and e<span class=\"_ _0\"></span>xpense<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Fee <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>commission <span class=\"_ _2\"></span>incom<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>ainly <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Company's <span class=\"_ _2\"></span>service<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>clien<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>field <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>set <span class=\"_ _13\"></span>management, </span><span style=\"display:inherit;clear:left;\">fund managemen<span class=\"_ _2\"></span>t and corpora<span class=\"_ _0\"></span>te consulting. Fee and c<span class=\"_ _2\"></span>ommission inco<span class=\"_ _2\"></span>me and expense for servic<span class=\"_ _2\"></span>es provided over a </span><span style=\"display:inherit;clear:left;\">certain period <span class=\"_ _1\"></span>are <span class=\"_ _1\"></span>recognized <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>the services <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>provided. <span class=\"_ _1\"></span>Fees <span class=\"_ _1\"></span>ear<span class=\"_ _2\"></span>ned <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>trans<span class=\"_ _0\"></span>action <span class=\"_ _0\"></span>type <span class=\"_ _0\"></span>services <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>recognized </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>servic<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>has b<span class=\"_ _2\"></span>een <span class=\"_ _2\"></span>completed, <span class=\"_ _2\"></span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. p<span class=\"_ _2\"></span>oint <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>time<span class=\"_ _0\"></span>. Fees <span class=\"_ _2\"></span>that are <span class=\"_ _2\"></span>performance <span class=\"_ _2\"></span>lin<span class=\"_ _2\"></span>k<span class=\"_ _1\"></span>ed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>are recognized <span class=\"_ _2\"></span>when <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">performance <span class=\"_\"> </span>criteria <span class=\"_\"> </span>ar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fulfilled, <span class=\"_\"> </span>i.<span class=\"_ _1\"></span>e. <span class=\"_\"> </span>point <span class=\"_ _16\"> </span>in <span class=\"_\"> </span>time<span class=\"_ _0\"></span>. <span class=\"_ _16\"> </span>Contractual <span class=\"_ _16\"> </span>fees<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>such <span class=\"_\"> </span>as <span class=\"_\"> </span>f<span class=\"_ _0\"></span>ees <span class=\"_\"> </span>f<span class=\"_ _0\"></span>or <span class=\"_\"> </span>ass<span class=\"_ _0\"></span>et <span class=\"_\"> </span>management, <span class=\"_\"> </span>are </span><span style=\"display:inherit;clear:left;\">recognised ove<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>the period <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contract <span class=\"_ _1\"></span>as the <span class=\"_ _0\"></span>servic<span class=\"_ _2\"></span>es <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>provided<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er time), <span class=\"_ _0\"></span>usually <span class=\"_ _1\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>str<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>ght line <span class=\"_ _1\"></span>ba<span class=\"_ _2\"></span>sis. </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>consid<span class=\"_ _2\"></span>ered <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>sig<span class=\"_ _2\"></span>nificant <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>componen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>commission <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>ome<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>credit </span><span style=\"display:inherit;clear:left;\">period<span class=\"_ _2\"></span> <span class=\"_\"> </span>f<span class=\"_ _0\"></span>or <span class=\"_\"> </span>receivables <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>relatively <span class=\"_\"> </span>short. <span class=\"_\"> </span>Uncertainties <span class=\"_\"> </span>regar<span class=\"_ _0\"></span>ding <span class=\"_\"> </span>variable <span class=\"_\"> </span>consider<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>for <span class=\"_\"> </span>performance-based </span><span style=\"display:inherit;clear:left;\">income <span class=\"_\"> </span>are <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>mmonly <span class=\"_ _16\"> </span>res<span class=\"_ _0\"></span>olved <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>point <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>time <span class=\"_ _16\"> </span>when <span class=\"_ _16\"> </span>revenue <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>recognised<span class=\"_ _2\"></span>. <span class=\"_ _18\"> </span>T<span class=\"_ _2\"></span>he <span class=\"_ _16\"> </span>Company <span class=\"_ _18\"> </span>d<span class=\"_ _2\"></span>oes <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>ha<span class=\"_ _2\"></span>ve </span><span style=\"display:inherit;clear:left;\">significant <span class=\"_\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_\"> </span>assets <span class=\"_\"> </span>o<span class=\"_ _2\"></span>r <span class=\"_\"> </span>liabil<span class=\"_ _2\"></span>ities <span class=\"_\"> </span>on <span class=\"_\"> </span>it<span class=\"_ _2\"></span>s <span class=\"_\"> </span>balance <span class=\"_ _17\"> </span>sheet. <span class=\"_ _17\"> </span>Commission <span class=\"_\"> </span>fee <span class=\"_ _17\"> </span>income <span class=\"_ _17\"> </span>accordin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>to <span class=\"_\"> </span>long-term </span><span style=\"display:inherit;clear:left;\">contracts is recognised<span class=\"_ _2\"></span> on <span class=\"_ _2\"></span>a str<span class=\"_ _0\"></span>aight lin<span class=\"_ _2\"></span>e basis <span class=\"_ _2\"></span>over time <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>invoiced monthl<span class=\"_ _2\"></span>y in <span class=\"_ _2\"></span>arrears<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>erformance-related fees </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">are recognized as income when t<span class=\"_ _2\"></span>he set target has been reached.</span></span>  </span><span style=\"display:inherit;clear:left;\">39.10 Net financia<span class=\"_ _0\"></span>l income </span><span style=\"display:inherit;clear:left;\">Net<span class=\"ls95 ws1fc\"> </span>finan<span class=\"_ _2\"></span>cial<span class=\"ls96 ws1fd\"> </span>incom<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>,<span class=\"ls95 ws1fc\"> </span>stems<span class=\"ls96 ws1fd\"> </span>from<span class=\"ls86 ws1fd\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls95 ws1fe\"> </span>investme<span class=\"_ _2\"></span>nt<span class=\"ls83 ws1ff\"> </span>act<span class=\"_ _2\"></span>ivities<span class=\"ls95 ws1fe\"> </span>and<span class=\"ls95 ws200\"> </span>c<span class=\"_ _2\"></span>onsists<span class=\"ls97 ws176\"> </span>of<span class=\"ls83 ws172\"> </span>in<span class=\"_ _2\"></span>terest<span class=\"ls83 ws1fd\"> </span>income<span class=\"ls96 ws201\"> </span>fro<span class=\"_ _2\"></span>m<span class=\"ls86 ws201\"> </span>bank </span><span style=\"display:inherit;clear:left;\">dep<span class=\"_ _2\"></span>osits,<span class=\"ls4f ws12b\"> </span>e<span class=\"_ _0\"></span>xchange<span class=\"ls43 wsdf\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"ls4f ws12b\"> </span>gains<span class=\"ls4f ws12b\"> </span>from<span class=\"ls4f ws12b\"> </span>m<span class=\"_ _2\"></span>onetar<span class=\"_ _2\"></span>y<span class=\"ls4f ws12a\"> </span>assets<span class=\"ls42 wsde\"> </span>and<span class=\"_ _2\"></span><span class=\"ls4f ws12b\"> </span>liabilit<span class=\"_ _2\"></span>ies<span class=\"ls4f ws12b\"> </span>and<span class=\"ls4f ws12b\"> </span>interest-bear<span class=\"_ _2\"></span>ing<span class=\"ls98 ws1c3\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls79 wsde\"> </span>receivables,<span class=\"ls4f ws12b\"> </span>fair </span><span style=\"display:inherit;clear:left;\">valu<span class=\"ls99\">e<span class=\"ls9a ws202\"> </span></span>change<span class=\"ls9b\">s<span class=\"ls9c ws203\"> </span></span>o<span class=\"ls9d\">f<span class=\"ls9c ws204\"> </span></span>finan<span class=\"_ _2\"></span>cia<span class=\"ls9e\">l<span class=\"_\"> </span><span class=\"ls9f ws205\"> </span></span>asset<span class=\"lsa0\">s<span class=\"ls9c ws203\"> </span></span>t<span class=\"_ _2\"></span>hroug<span class=\"lsa1\">h<span class=\"ls9c ws206\"> </span></span>th<span class=\"lsa2\">e<span class=\"ls9c ws203\"> </span></span>st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>temen<span class=\"lsa3\">t<span class=\"lsa4 ws204\"> </span></span>o<span class=\"_ _2\"></span><span class=\"lsa5\">f<span class=\"lsa6 ws207\"> </span></span>profi<span class=\"lsa7\">t<span class=\"lsa8 ws208\"> </span></span>o<span class=\"lsa3\">r<span class=\"ls9f ws209\"> </span></span>l<span class=\"_ _2\"></span>oss<span class=\"_ _0\"></span><span class=\"lsa9\">,<span class=\"ls9a ws20a\"> </span><span class=\"ls0\">a<span class=\"_ _0\"></span>nd </span></span></span><span style=\"display:inherit;clear:left;\">unwindin<span class=\"_ _2\"></span>g, interest and<span class=\"_ _2\"></span> ex<span class=\"_ _0\"></span>ch<span class=\"_ _2\"></span>ange r<span class=\"_ _0\"></span>ate change of <span class=\"_ _2\"></span>techni<span class=\"_ _2\"></span>cal provision.<span class=\"_ _0\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">Divide<span class=\"_ _2\"></span>nd<span class=\"_ _1\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">inco<span class=\"_ _2\"></span>me<span class=\"_ _1\"></span><span class=\"lsaa ws20c\"> <span class=\"ls0 ws0\">from<span class=\"_ _0\"></span><span class=\"lsab ws20d\"> <span class=\"ls0 ws0\">investments<span class=\"_ _0\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">is </span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">recogni<span class=\"_ _2\"></span>sed <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>ight to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>divide<span class=\"_ _2\"></span>nd <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>establish<span class=\"_ _2\"></span>ed. <span class=\"_ _2\"></span>Divid<span class=\"_ _2\"></span>ends <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ompone<span class=\"_ _2\"></span>nt <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>net </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _2\"></span>income.  </span><span style=\"display:inherit;clear:left;\">Financial<span class=\"lsac ws20e\"> </span>expenses<span class=\"lsac ws20f\"> </span>co<span class=\"_ _2\"></span>nsist<span class=\"lsad ws19b\"> </span>of<span class=\"ls94 ws210\"> <span class=\"_ _2\"></span></span>interest<span class=\"ls46 wsd7\"> </span>expenses<span class=\"lsac ws20f\"> </span>on<span class=\"lsac ws20f\"> </span>interest-bearin<span class=\"_ _2\"></span>g<span class=\"ls8d wsf1\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"lsae ws211\"> </span>liabilities,<span class=\"lsac ws20f\"> </span>exchange<span class=\"lsac ws211\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"lsac ws20f\"> </span>losses<span class=\"lsad ws19b\"> </span>on </span><span style=\"display:inherit;clear:left;\">monetar<span class=\"_ _2\"></span>y assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>fair val<span class=\"_ _2\"></span>ue chan<span class=\"_ _2\"></span>ges of <span class=\"_ _2\"></span>finan<span class=\"_ _2\"></span>cial assets.<span class=\"fs1b fc4\"> </span>Financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>expenses are <span class=\"_ _2\"></span>recognise<span class=\"_ _2\"></span>d du<span class=\"_ _2\"></span>ring </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">the pe<span class=\"_ _2\"></span>riod i<span class=\"_ _2\"></span>n which th<span class=\"_ _2\"></span>ey are incurred.</span></span> </span><span style=\"display:inherit;clear:left;\">39.11 Inco<span class=\"ws13e\">me </span>taxes </span><span style=\"display:inherit;clear:left;\">Inco<span class=\"_ _2\"></span>m<span class=\"ws212\">e </span>taxe<span class=\"_ _0\"></span><span class=\"ws127\">s <span class=\"ws0\">expense<span class=\"wsad\">d </span>consis<span class=\"_ _2\"></span>t<span class=\"ws213\">s </span>of curren<span class=\"ws144\">t </span>taxe<span class=\"ws196\">s <span class=\"ws214\">and </span></span>defer<span class=\"_ _2\"></span>re<span class=\"wsf0\">d </span>tax. </span></span></span><span style=\"display:inherit;clear:left;\">Curre<span class=\"ws113\">nt </span>tax </span><span style=\"display:inherit;clear:left;\">Current <span class=\"_ _14\"></span>taxes <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>taxes <span class=\"_ _14\"></span>expected <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>be <span class=\"_ _18\"></span>payable <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>taxable <span class=\"_ _14\"></span>income <span class=\"_ _18\"></span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>year<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>any <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"></span>to <span class=\"_ _14\"></span>taxes </span><span style=\"display:inherit;clear:left;\">payable <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>previous <span class=\"_ _2\"></span>years. <span class=\"_ _13\"></span><span class=\"ls2b\">T</span>axable <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>year <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>generally <span class=\"_ _13\"></span>di<span class=\"ff6e\">ff</span>erent <span class=\"_ _2\"></span>from <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>before <span class=\"_ _13\"></span>tax </span><span style=\"display:inherit;clear:left;\">according to the financial statements. Calculated income tax is based on the tax rates in e<span class=\"_ _13\"></span><span class=\"ff6f\">ff</span>ect at the reporting date. </span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"wsc3\">income <span class=\"ws0\">tax </span></span></span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>tax <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>due <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _18\"> </span>temporary <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span><span class=\"ff70\">ff</span>erence <span class=\"_ _2\"></span>between <span class=\"_ _13\"></span>taxable <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>according <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _14\"></span>fi </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _18\"> </span>statements. <span class=\"_ _18\"> </span>This <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>because <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>Group's <span class=\"_ _18\"> </span>tax <span class=\"_\"> </span>base <span class=\"_ _14\"></span>is <span class=\"_ _18\"> </span>based <span class=\"_ _16\"> </span>on <span class=\"_ _18\"></span>assumptions <span class=\"_ _18\"> </span>di<span class=\"ff71\">ff</span>erent <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements. Deferred<span class=\"_ _2\"></span> income tax i<span class=\"_ _2\"></span>s not rec<span class=\"_ _2\"></span>ognised on<span class=\"_ _2\"></span> non-de<span class=\"_ _2\"></span>ductib<span class=\"_ _2\"></span>le goodw<span class=\"_ _2\"></span>ill.  </span><span style=\"display:inherit;clear:left;\">A <span class=\"ws0\">deferre<span class=\"ws216\">d <span class=\"ws217\">tax </span></span>asse<span class=\"ws218\">t </span>i<span class=\"ws219\">s </span>estimate<span class=\"ws21a\">d </span>a<span class=\"ws218\">t </span>t<span class=\"ws21b\">he </span>reporti<span class=\"_ _2\"></span><span class=\"ws21c\">ng </span>dat<span class=\"_ _0\"></span><span class=\"ws21d\">e <span class=\"ws21e\">and <span class=\"ws0\">i<span class=\"ws21f\">s </span>recogni<span class=\"_ _2\"></span>se<span class=\"ws216\">d </span>on<span class=\"ws220\">ly </span>t<span class=\"ws221\">o </span>th</span>e <span class=\"ws0\">exten<span class=\"ws222\">t </span>tha<span class=\"ws218\">t </span>i<span class=\"ws223\">t </span>i<span class=\"ws219\">s </span>probab<span class=\"ws224\">le </span>t<span class=\"_ _2\"></span>hat </span></span></span></span></span><span style=\"display:inherit;clear:left;\">futu<span class=\"ws225\">re </span>taxab<span class=\"wsb0\">le </span>inc<span class=\"_ _2\"></span>om<span class=\"ws196\">e </span>will b<span class=\"ws127\">e </span>availabl<span class=\"ws6\">e </span>agai<span class=\"_ _2\"></span>ns<span class=\"ws106\">t </span>whic<span class=\"ws12d\">h <span class=\"wsb4\">the <span class=\"wsb6\">tax </span></span></span>asse<span class=\"ws106\">t </span>ca<span class=\"wsed\">n <span class=\"wsaf\">be </span></span>util<span class=\"_ _2\"></span>ise<span class=\"wsad\">d </span>i<span class=\"ws116\">n </span>t<span class=\"ws226\">he </span>future<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Deferre<span class=\"ws227\">d </span>inc<span class=\"_ _2\"></span>om<span class=\"ws228\">e </span>ta<span class=\"ws229\">x </span>i<span class=\"ws22a\">s </span>expense<span class=\"ws22b\">d </span>i<span class=\"ws22c\">n </span>pro<span class=\"ws22c\">fit </span>o<span class=\"_ _2\"></span><span class=\"ws22d\">r </span>los<span class=\"ws22e\">s </span>unles<span class=\"ws22f\">s </span>i<span class=\"ws37\">t </span>i<span class=\"ws22a\">s </span>relate<span class=\"ws227\">d </span>t<span class=\"_ _0\"></span><span class=\"ws230\">o <span class=\"ws0\">item<span class=\"ws22e\">s </span>reco<span class=\"_ _2\"></span>gnise<span class=\"ws227\">d </span>i<span class=\"_ _2\"></span><span class=\"ws231\">n </span>othe<span class=\"ws232\">r </span>com<span class=\"_ _2\"></span>prehensive </span></span></span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">inco<span class=\"_ _2\"></span><span class=\"ws163\">me </span>o<span class=\"ws162\">r </span>direct<span class=\"ws233\">ly </span>i<span class=\"ws12e\">n </span>e<span class=\"_ _2\"></span>quit<span class=\"ls26\">y</span><span class=\"ws1aa\">, </span>i<span class=\"wsc6\">n </span>whic<span class=\"_ _2\"></span><span class=\"ws12e\">h </span>cas<span class=\"ws127\">e <span class=\"ws234\">the </span></span>tax i<span class=\"wsef\">s </span>als<span class=\"wsc6\">o </span>recogni<span class=\"_ _2\"></span>se<span class=\"wsad\">d </span>i<span class=\"ws12d\">n </span>othe<span class=\"ws162\">r </span>com<span class=\"_ _2\"></span>prehensi<span class=\"ws1c6\">ve </span>inco<span class=\"_ _2\"></span>m<span class=\"ws103\">e </span>o<span class=\"ws162\">r </span>equ<span class=\"_ _2\"></span>it<span class=\"ls26\">y</span>.</span></span><span class=\"ff12 fs1b fc4 ws154\"> </span></span><span style=\"display:inherit;clear:left;\">39.12 Cash and cas<span class=\"_ _0\"></span>h equivalents<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Cash<span class=\"ls43 ws87\"> </span>and<span class=\"ls1e ws87\"> </span>cash<span class=\"ls12 ws7b\"> </span>equivalent<span class=\"_ _2\"></span>s<span class=\"ls1e ws87\"> </span>consist<span class=\"ls12 ws7b\"> </span>of<span class=\"ls43 ws87\"> </span>unrestricted<span class=\"ls19 ws7b\"> </span>deposits<span class=\"ls12 ws7b\"> </span>with<span class=\"_ _2\"></span><span class=\"ls12 ws7b\"> </span>financial<span class=\"ls7a ws7b\"> </span>institutio<span class=\"_ _2\"></span>ns,<span class=\"ls1e ws87\"> </span>and<span class=\"ls1e ws87\"> </span>highly<span class=\"ls6a ws7a\"> </span>liq<span class=\"_ _2\"></span>uid<span class=\"ls12 ws7b\"> </span>financial </span><span style=\"display:inherit;clear:left;\">assets that <span class=\"_ _2\"></span>are d<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>months <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the ac<span class=\"_ _2\"></span>quisition <span class=\"_ _2\"></span>date <span class=\"_ _2\"></span>and can <span class=\"_ _2\"></span>easil<span class=\"_ _2\"></span>y b<span class=\"_ _2\"></span>e c<span class=\"_ _2\"></span>onverted in<span class=\"_ _2\"></span>to cash <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>risk </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">of changes in th<span class=\"_ _2\"></span>eir fair value is insignificant.</span></span> <span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span></span>  </span><span style=\"display:inherit;clear:left;\">39.14 Cust<span class=\"_ _0\"></span>omer rela<span class=\"_ _0\"></span>tionships </span><span style=\"display:inherit;clear:left;\">Customer <span class=\"_ _13\"></span>relationshi<span class=\"_ _2\"></span>ps, <span class=\"_ _13\"></span>recognised<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>upon <span class=\"_ _14\"></span>acq<span class=\"_ _2\"></span>uisition <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>operations, <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ortised <span class=\"_ _14\"></span>over <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>useful <span class=\"_ _14\"></span>life, </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">which is <span class=\"_ _2\"></span>10 y<span class=\"_ _0\"></span>ears.</span></span> </span><span style=\"display:inherit;clear:left;\">39.15 Software </span><span style=\"display:inherit;clear:left;\">Software <span class=\"_\"> </span>is <span class=\"_\"> </span>recognized <span class=\"_\"> </span>at <span class=\"_\"> </span>co<span class=\"_ _0\"></span>st <span class=\"_\"> </span>les<span class=\"_ _0\"></span>s <span class=\"_\"> </span>accumulated <span class=\"_\"> </span>amortisation <span class=\"_\"> </span>and <span class=\"_\"> </span>impairment. <span class=\"_\"> </span>The <span class=\"_\"> </span>cost <span class=\"_\"> </span>price <span class=\"_\"> </span>consists <span class=\"_\"> </span>of <span class=\"_\"> </span>the<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">purchase <span class=\"_ _13\"></span>price <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>all <span class=\"_ _13\"></span>direct <span class=\"_ _13\"></span>costs <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ociated <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>getting <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>software <span class=\"_ _13\"></span>into <span class=\"_ _13\"></span>use. <span class=\"_ _13\"></span>Software <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>amortised<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">str<span class=\"_ _0\"></span>aight-line meth<span class=\"_ _2\"></span>od over 3 to10 y<span class=\"_ _0\"></span>ear from the d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e it is taken into use<span class=\"_ _0\"></span>.</span></span> </span><span style=\"display:inherit;clear:left;\">39.16 Pro<span class=\"_ _0\"></span>perty<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> plant and equipment </span><span style=\"display:inherit;clear:left;\">Propert<span class=\"ls10\">y</span>, plant and equip<span class=\"_ _2\"></span>ment are r<span class=\"_ _0\"></span>ecognised whe<span class=\"_ _2\"></span>n it is probable that <span class=\"_ _0\"></span>economi<span class=\"_ _2\"></span>c benefits embod<span class=\"_ _2\"></span>ied in the ass<span class=\"_ _0\"></span>et will </span><span style=\"display:inherit;clear:left;\">\ufb02ow t<span class=\"_ _0\"></span>o the <span class=\"_ _0\"></span>Group and <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ts co<span class=\"_ _0\"></span>st can <span class=\"_ _0\"></span>be measur<span class=\"_ _0\"></span>ed reliably<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>Propert<span class=\"ls10\">y</span>, plant and equipment as<span class=\"_ _0\"></span>sets are<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cognised<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>cost </span><span style=\"display:inherit;clear:left;\">value less accumul<span class=\"_ _2\"></span>ated deprec<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>tion and im<span class=\"_ _2\"></span>pairment. <span class=\"_ _2\"></span>The cost of proper<span class=\"_ _2\"></span>t<span class=\"ls10\">y</span>, plant <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> equipment assets consist<span class=\"_ _2\"></span>s of </span><span style=\"display:inherit;clear:left;\">the purchase pric<span class=\"_ _2\"></span>e and all directly <span class=\"_ _2\"></span>attributable cost necessary to make the asset capable of gene<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting revenue. </span><span style=\"display:inherit;clear:left;\">Propert<span class=\"ls10\">y</span>, plant <span class=\"_ _2\"></span>and equipm<span class=\"_ _2\"></span>ent are recognised at cost less accumulated depreciation and <span class=\"_ _2\"></span>impairment. </span><span style=\"display:inherit;clear:left;\">Depreciation <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>s<span class=\"_ _0\"></span>ystematic <span class=\"_ _2\"></span>basis <span class=\"_ _13\"></span>over <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>expec<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>useful <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>asset, <span class=\"_ _2\"></span>taking <span class=\"_ _13\"></span>into <span class=\"_ _13\"></span>account <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">estimated<span class=\"ls1f ws88\"> </span>residual<span class=\"ls2a ws96\"> </span>value<span class=\"_ _0\"></span>.<span class=\"ls1f ws88\"> </span>The<span class=\"ls1f ws88\"> </span>dep<span class=\"_ _2\"></span>recia<span class=\"_ _0\"></span>tion<span class=\"ls1e ws87\"> </span>m<span class=\"_ _2\"></span>ethod<span class=\"ls1e ws87\"> </span>expec<span class=\"_ _2\"></span>ted<span class=\"ls1e ws87\"> </span>useful <span class=\"_ _18\"></span>life<span class=\"ls1f ws88\"> </span>and<span class=\"ls1f ws88\"> </span>residual <span class=\"_ _18\"> </span>value<span class=\"ls1f ws88\"> </span>are<span class=\"ls1f ws88\"> </span>reviewed<span class=\"ls1f ws88\"> </span>at <span class=\"_ _14\"></span>le<span class=\"_ _2\"></span>ast </span><span style=\"display:inherit;clear:left;\">annually<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gain or loss on the sale of property<span class=\"_ _1\"></span>, plant and equipment are calculated as the di<span class=\"ff77\">ff</span>erence between the sale price </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">and carrying amount. It is recognised in profit or loss as part of other income.</span></span> </span><span style=\"display:inherit;clear:left;\">39.17 Impairme<span class=\"_ _0\"></span>nt of non-financial as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">At each reporting date<span class=\"_ _1\"></span>, man<span class=\"_ _2\"></span>agement reviews the carryin<span class=\"_ _2\"></span>g amount <span class=\"_ _0\"></span>of tangible and intangib<span class=\"_ _2\"></span>le as<span class=\"_ _0\"></span>sets for indications of </span><span style=\"display:inherit;clear:left;\">impairment. If any such indica<span class=\"_ _0\"></span>tion exis<span class=\"_ _0\"></span>ts, the recove<span class=\"_ _0\"></span>rabl<span class=\"_ _0\"></span>e amount <span class=\"_ _0\"></span>of the ass<span class=\"_ _0\"></span>et is es<span class=\"_ _0\"></span>timated. The recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount </span><span style=\"display:inherit;clear:left;\">of a c<span class=\"_ _2\"></span>ash-gener<span class=\"_ _0\"></span>ating unit to <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>the asset belo<span class=\"_ _2\"></span>ngs<span class=\"_ _0\"></span> is <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed if <span class=\"_ _2\"></span>it is <span class=\"_ _2\"></span>not p<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>sible to test the <span class=\"_ _2\"></span>asset individ<span class=\"_ _2\"></span>ually for </span><span style=\"display:inherit;clear:left;\">impairment. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>recover<span class=\"_ _0\"></span>able amount <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the h<span class=\"_ _2\"></span>igher <span class=\"_ _2\"></span>of fair value <span class=\"_ _2\"></span>less estimated <span class=\"_ _2\"></span>cost to <span class=\"_ _2\"></span>sell <span class=\"_ _2\"></span>and value <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>use<span class=\"_ _0\"></span>. V<span class=\"_ _0\"></span>alue in<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>based<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">on estimated future cash \ufb02ows, discounted at the pre-tax r<span class=\"_ _0\"></span>ate of interest, where the interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e re\ufb02ects t<span class=\"_ _2\"></span>he mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">asse<span class=\"_ _0\"></span>ssment of time value o<span class=\"_ _2\"></span>f money<span class=\"_ _2\"></span> at each time and the risk em<span class=\"_ _2\"></span>bodied <span class=\"_ _2\"></span>in the asset. </span><span style=\"display:inherit;clear:left;\">Intangible assets <span class=\"_ _0\"></span>with indefinite <span class=\"_ _0\"></span>useful <span class=\"_ _0\"></span>life and <span class=\"_ _0\"></span>intangible ass<span class=\"_ _0\"></span>ets not <span class=\"_ _0\"></span>ready f<span class=\"_ _0\"></span>or us<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>sted for <span class=\"_ _0\"></span>impairment annually </span><span style=\"display:inherit;clear:left;\">and more often if t<span class=\"_ _2\"></span>here is any indication of im<span class=\"_ _2\"></span>pairment. </span><span style=\"display:inherit;clear:left;\">If <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>recover<span class=\"_ _1\"></span>able <span class=\"_\"> </span>amo<span class=\"_ _0\"></span>unt <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _18\"> </span>an <span class=\"_ _18\"> </span>asset <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>low<span class=\"_ _0\"></span>er <span class=\"_ _18\"> </span>than <span class=\"_ _16\"> </span>its <span class=\"_ _18\"> </span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _18\"> </span>amount<span class=\"_ _2\"></span>, <span class=\"_ _18\"></span>the <span class=\"_ _18\"> </span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _18\"> </span>am<span class=\"_ _2\"></span>ount <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>reduced<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount. Impairment l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s is recognised in <span class=\"_ _2\"></span>pr<span class=\"_ _0\"></span>ofit or loss. </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _16\"> </span>recovery <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>asset, <span class=\"_ _16\"> </span>su<span class=\"_ _0\"></span>bsequent <span class=\"_ _16\"> </span>to <span class=\"_ _16\"> </span>impairment <span class=\"_ _16\"> </span>recognition, <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>eversed. <span class=\"_ _18\"> </span>H<span class=\"_ _2\"></span>ow<span class=\"_ _0\"></span>ever<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>reversal <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>li<span class=\"_ _2\"></span>mited <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>asset <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>being <span class=\"_ _18\"> </span>recognised <span class=\"_ _14\"></span>at <span class=\"_ _18\"> </span>an <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>higher <span class=\"_ _18\"></span>than <span class=\"_ _14\"></span>it<span class=\"_ _2\"></span>s <span class=\"_ _14\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>prior<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>impairment </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">recognition. <span class=\"_ _2\"></span>Revers<span class=\"_ _0\"></span>al of impairment of <span class=\"_ _2\"></span>goodwill is prohibited.</span></span> </span><span style=\"display:inherit;clear:left;\">39.18 Financi<span class=\"_ _0\"></span>al liabilitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Financial liabilit<span class=\"_ _2\"></span>ies are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>upon in<span class=\"_ _2\"></span>itial recogniti<span class=\"_ _2\"></span>on. T<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>action c<span class=\"_ _2\"></span>osts that are d<span class=\"_ _2\"></span>irectly attributable </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _0\"></span>the pur<span class=\"_ _0\"></span>chase or <span class=\"_ _0\"></span>issuance <span class=\"_ _0\"></span>of financial li<span class=\"_ _0\"></span>abilities that <span class=\"_ _0\"></span>are not <span class=\"_ _0\"></span>recognized a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>value thro<span class=\"_ _0\"></span>ugh profit <span class=\"_ _0\"></span>or los<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>added </span><span style=\"display:inherit;clear:left;\">to or ded<span class=\"_ _2\"></span>ucted from fair v<span class=\"_ _0\"></span>alue at initial recogni<span class=\"_ _2\"></span>tion as appropriate<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _1\"></span>ransaction costs in respect<span class=\"_ _2\"></span> of financial liabili<span class=\"_ _2\"></span>tie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">that are recognised at fair value through profit or loss are immediately recognised in pro<span class=\"_ _2\"></span>fit or loss. </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _18\"> </span>liabilities <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>valued <span class=\"_ _18\"></span>at <span class=\"_ _14\"></span>amortised <span class=\"_ _18\"> </span>cost <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>e<span class=\"ff78\">ff</span>ective <span class=\"_ _18\"> </span>interest <span class=\"_ _18\"> </span>rate. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"> </span>Group <span class=\"_ _18\"> </span>derecognises <span class=\"_\"> </span>fi</span><span style=\"display:inherit;clear:left;\">financial <span class=\"_\"> </span>liabilities <span class=\"_ _18\"> </span>only <span class=\"_\"> </span>when <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>obligation <span class=\"_ _16\"> </span>associated <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>them <span class=\"_\"> </span>no <span class=\"_ _16\"> </span>longer <span class=\"_\"> </span>exists. <span class=\"_ _18\"> </span>Gains <span class=\"_\"> </span>or <span class=\"_ _16\"> </span>losses <span class=\"_\"> </span>due <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>the </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">derecognition are recorded in profit or loss.</span></span> </span><span style=\"display:inherit;clear:left;\">39.19 Equity inst<span class=\"_ _0\"></span>ruments </span><span style=\"display:inherit;clear:left;\">An <span class=\"_ _2\"></span>equity<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>instrument <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a c<span class=\"_ _2\"></span>ontract <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>evidences <span class=\"_ _2\"></span>residual <span class=\"_ _13\"></span>intere<span class=\"_ _0\"></span>sts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>ded<span class=\"_ _2\"></span>uction <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>all <span class=\"_ _13\"></span>its </span><span style=\"display:inherit;clear:left;\">liabilities. Equity instrumen<span class=\"_ _2\"></span>ts is<span class=\"_ _0\"></span>sued by the Group are recorded at cost less the direct costs of their issuance<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _0\"></span>urchases of <span class=\"_ _2\"></span>own <span class=\"_ _2\"></span>shares<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>are recognised <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>a reduction <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>total share <span class=\"_ _2\"></span>capital. No <span class=\"_ _2\"></span>gains <span class=\"_ _2\"></span>or losses are <span class=\"_ _2\"></span>recognised </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">through profit or loss<span class=\"_ _0\"></span> due to t<span class=\"_ _2\"></span>he purchase<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>sale or issuance of own shares<span class=\"_ _0\"></span>.</span></span> </span><span style=\"display:inherit;clear:left;\">39.20 Pro<span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>isions<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _14\"></span>recognised <span class=\"_ _18\"></span>when <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>has <span class=\"_ _18\"></span>a <span class=\"_ _14\"></span>legal <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _14\"></span>constr<span class=\"_ _2\"></span>uctive <span class=\"_ _14\"></span>obligation <span class=\"_ _14\"></span>due <span class=\"_ _18\"> </span>to <span class=\"_ _14\"></span>a <span class=\"_ _18\"> </span>past <span class=\"_ _14\"></span>event, <span class=\"_ _18\"> </span>payment <span class=\"_ _14\"></span>is </span><span style=\"display:inherit;clear:left;\">probable<span class=\"_ _0\"></span>, and the <span class=\"_ _2\"></span>amount of the obl<span class=\"_ _2\"></span>igation can be reliably determined. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _18\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>best <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>ossible <span class=\"_ _14\"></span>estimation <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>l<span class=\"_ _2\"></span>iability <span class=\"_ _18\"> </span>at <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>reporting <span class=\"_ _18\"> </span>date<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>If <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount of the provision is based<span class=\"_ _2\"></span> on estimated future cash \ufb02ow<span class=\"_ _0\"></span>s, it is recognised at present value<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">If the p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>vision is recoverabl<span class=\"_ _0\"></span>e from a third party<span class=\"_ _1\"></span>, the recover<span class=\"_ _0\"></span>able amount is recognise<span class=\"_ _2\"></span>d as an asset.</span></span> </span><span style=\"display:inherit;clear:left;\">39.21 Leases<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group assesses wh<span class=\"_ _2\"></span>ether <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>contract i<span class=\"_ _2\"></span>s or <span class=\"_ _2\"></span>con<span class=\"_ _2\"></span>tains <span class=\"_ _2\"></span>a l<span class=\"_ _2\"></span>ease<span class=\"_ _0\"></span>, at <span class=\"_ _2\"></span>incep<span class=\"_ _2\"></span>tion <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>contract. Th<span class=\"_ _2\"></span>e Group <span class=\"_ _2\"></span>recognises <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">right-o<span class=\"_ _2\"></span>f-use as<span class=\"_ _0\"></span>set and a c<span class=\"_ _2\"></span>orresponding <span class=\"_ _2\"></span>lease liability <span class=\"_ _2\"></span>with res<span class=\"_ _0\"></span>pect to all lea<span class=\"_ _2\"></span>se arr<span class=\"_ _0\"></span>angemen<span class=\"_ _2\"></span>ts in which i<span class=\"_ _2\"></span>t is the lessee<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>cept <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>sh<span class=\"_ _2\"></span>ort-term <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>eases <span class=\"_ _0\"></span>(defined <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>leases with <span class=\"_ _1\"></span>a lease <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mo<span class=\"_ _2\"></span>nths <span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>less) <span class=\"_ _1\"></span>and leases <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>low <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>asset<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span>  </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls28 ws91\"> </span>lease<span class=\"ls27 ws90\"> </span>l<span class=\"_ _2\"></span>iability<span class=\"ls27 ws90\"> </span>is<span class=\"ls28 ws91\"> </span>initially<span class=\"lsb2 ws91\"> </span>measured<span class=\"ls28 ws91\"> </span>at<span class=\"ls28 ws91\"> </span>the<span class=\"ls27 ws90\"> </span>present<span class=\"lsb3 ws90\"> </span>value<span class=\"lsb4 ws236\"> </span>of<span class=\"lsb5 ws91\"> </span>the<span class=\"ls28 ws91\"> </span>lease<span class=\"ls28 ws91\"> </span>payments<span class=\"ls28 ws91\"> </span>that<span class=\"lsb6 ws91\"> </span>are<span class=\"ls28 ws91\"> </span>not<span class=\"lsb6 ws91\"> </span>paid<span class=\"ls28 ws91\"> </span>at<span class=\"lsb6 ws91\"> </span>the </span><span style=\"display:inherit;clear:left;\">commen<span class=\"_ _2\"></span>cement <span class=\"_ _13\"></span>date<span class=\"_ _1\"></span>.<span class=\"ls14 ws7d\"> </span>For <span class=\"_ _13\"></span>discounting <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group<span class=\"ls8e ws7c\"> </span>uses <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ts <span class=\"_ _13\"></span>incremental <span class=\"_ _13\"></span>borrowing <span class=\"_ _13\"></span>r<span class=\"_ _1\"></span>at<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ate <span class=\"_ _2\"></span>impl<span class=\"_ _2\"></span>icit <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">lease cannot<span class=\"_ _2\"></span> be readily determined<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The lease liability is subsequently measured by increasing the carrying amount to re<span class=\"_ _2\"></span>flect interest on the lease </span><span style=\"display:inherit;clear:left;\">liability (using the e<span class=\"ff79\">ff</span>ective interest method) and by reducing the carrying amount to re<span class=\"_ _2\"></span>flect the lease payments </span><span style=\"display:inherit;clear:left;\">made.  </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">Right-of-use assets <span class=\"_ _2\"></span>are depreciated <span class=\"wsa8\">over <span class=\"wsaa\">the </span></span>shorter <span class=\"_ _2\"></span>period of lease <span class=\"_ _2\"></span>term <span class=\"wsa3\">and <span class=\"wsa8\">useful life </span></span>of the <span class=\"_ _2\"></span>underlying asset.</span></span> </span><span style=\"display:inherit;clear:left;\">39.22 Earning<span class=\"_ _0\"></span>s per share<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group presents <span class=\"_ _2\"></span>basic <span class=\"_ _2\"></span>earnin<span class=\"_ _2\"></span>gs<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>share and <span class=\"_ _2\"></span>dil<span class=\"_ _2\"></span>uted <span class=\"_ _2\"></span>earnings per<span class=\"_ _2\"></span> share <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>ordinary <span class=\"_ _2\"></span>shares in<span class=\"_ _2\"></span> the <span class=\"_ _2\"></span>statemen<span class=\"_ _2\"></span>t o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">profit <span class=\"_\"> </span>or <span class=\"_\"> </span>loss. <span class=\"_\"> </span>Basic <span class=\"_\"> </span>earnin<span class=\"_ _2\"></span>gs <span class=\"_\"> </span>per <span class=\"_\"> </span>share <span class=\"_\"> </span>are <span class=\"_\"> </span>calculated <span class=\"_\"> </span>as <span class=\"_\"> </span>a <span class=\"_ _17\"> </span>percentage <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>the <span class=\"_\"> </span>profit <span class=\"_\"> </span>allocated <span class=\"_\"> </span>to <span class=\"_\"> </span>the <span class=\"_\"> </span>o<span class=\"_ _2\"></span>rdinary </span><span style=\"display:inherit;clear:left;\">shareholders <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>company<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>weighted <span class=\"_ _18\"></span>aver<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>ge <span class=\"_ _14\"></span>numb<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>ordinar<span class=\"_ _2\"></span>y <span class=\"_ _14\"></span>shares <span class=\"_ _18\"> </span>outstanding <span class=\"_ _18\"></span>during <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Diluted earnings per share a<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>calculated by <span class=\"_ _0\"></span>taking into accou<span class=\"_ _0\"></span>nt all shar<span class=\"_ _0\"></span>es, whether iss<span class=\"_ _0\"></span>ued or potential s<span class=\"_ _0\"></span>hares a<span class=\"_ _0\"></span>t the </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">reporting date<span class=\"_ _0\"></span>, such as share <span class=\"_ _2\"></span>options gr<span class=\"_ _0\"></span>anted to employees.</span></span>  </span><span style=\"display:inherit;clear:left;\">39.23 New stan<span class=\"_ _0\"></span>dards<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>erpreta<span class=\"_ _0\"></span>tions and amen<span class=\"_ _0\"></span>dme<span class=\"_ _0\"></span>nts to stand<span class=\"_ _0\"></span>ards </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>number <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>new <span class=\"_ _14\"></span>accounting <span class=\"_ _18\"> </span>standards <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>e<span class=\"ff7a\">ff</span>ective <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>annual <span class=\"_ _14\"></span>reporting <span class=\"_ _18\"></span>periods <span class=\"_ _14\"></span>beginning <span class=\"_ _18\"></span>after <span class=\"_ _14\"></span>1 <span class=\"_ _14\"></span>January <span class=\"_ _18\"> </span>2025 </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _16\"> </span>earlier <span class=\"_ _16\"> </span>application <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>permitted. <span class=\"_ _16\"> </span>However<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Group <span class=\"_ _16\"> </span>has <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>early <span class=\"_\"> </span>adopted <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>following <span class=\"_ _16\"> </span>new <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>amended </span><span style=\"display:inherit;clear:left;\">accounting standards in preparing these consolidated fi<span class=\"_ _2\"></span>nancial statements.  </span><span style=\"display:inherit;clear:left;\">IFRS 18 Presentation and D<span class=\"_ _2\"></span>iscl<span class=\"_ _0\"></span>osure in Financial Statements </span><span style=\"display:inherit;clear:left;\">IFRS 18 <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>replace IAS 1 <span class=\"_ _1\"></span><span class=\"ff11\">Presentation <span class=\"_ _0\"></span>of Fi<span class=\"_ _0\"></span>nancial Statements <span class=\"_ _0\"></span><span class=\"ff4\">and applies <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>annual reporting periods <span class=\"_ _0\"></span>beginning on </span></span></span><span style=\"display:inherit;clear:left;\">or after 1 J<span class=\"_ _2\"></span>anuary 202<span class=\"_ _2\"></span>7. The new <span class=\"_ _2\"></span>accounting standard introduc<span class=\"_ _2\"></span>es the following k<span class=\"_ _0\"></span>ey new req<span class=\"_ _2\"></span>uirements: </span><span style=\"display:inherit;clear:left;\">Entities <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>req<span class=\"_ _2\"></span>uired <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>classify all <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome <span class=\"_ _0\"></span>and e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _0\"></span>five <span class=\"_ _1\"></span>categories in <span class=\"_ _1\"></span>the statement of <span class=\"_ _1\"></span>profit or <span class=\"_ _1\"></span>loss, </span><span style=\"display:inherit;clear:left;\">namely <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>per<span class=\"_ _0\"></span>ating, investing, <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g, d<span class=\"_ _2\"></span>iscontinued operations and <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>tax categories<span class=\"_ _0\"></span>. Entit<span class=\"_ _2\"></span>ies are </span><span style=\"display:inherit;clear:left;\">also required to present a newly-<span class=\"_ _2\"></span>defined<span class=\"_ _2\"></span> oper<span class=\"_ _1\"></span>ating p<span class=\"_ _2\"></span>rofit s<span class=\"_ _0\"></span>ubtotal. Entities\u00b4 net<span class=\"_ _2\"></span> profit will not chan<span class=\"_ _2\"></span>ge<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Management-<span class=\"_ _2\"></span>defined <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>measures <span class=\"_ _15\"> </span>(MPMs)<span class=\"_ _2\"></span> <span class=\"_ _15\"> </span>are <span class=\"_ _15\"> </span>disclosed <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>a <span class=\"_ _8\"> </span>single <span class=\"_ _15\"> </span>note <span class=\"_ _8\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>financ<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>l </span><span style=\"display:inherit;clear:left;\">statements.  </span><span style=\"display:inherit;clear:left;\">Enhanced <span class=\"_ _2\"></span>guidance is provided <span class=\"_ _2\"></span>on how to gro<span class=\"_ _0\"></span>up information in the<span class=\"_ _2\"></span> financial statements. </span><span style=\"display:inherit;clear:left;\">In addition, all entities a<span class=\"_ _0\"></span>re required t<span class=\"_ _0\"></span>o use the oper<span class=\"_ _0\"></span>ating <span class=\"_ _0\"></span>profit subt<span class=\"_ _0\"></span>otal as the starting point for <span class=\"_ _0\"></span>the stat<span class=\"_ _0\"></span>ement of cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows when presenting operating cash \ufb02ows under the in<span class=\"_ _2\"></span>direct method.  </span><span style=\"display:inherit;clear:left;\">The Group is still in the proce<span class=\"_ _0\"></span>ss of as<span class=\"_ _0\"></span>sessing the impact of the new acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nting standard, particularly wit<span class=\"_ _2\"></span>h re<span class=\"_ _0\"></span>spect to </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>structure <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>ps\u00b4 <span class=\"_ _2\"></span>statement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>sta<span class=\"_ _0\"></span>tement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ows, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>additio<span class=\"_ _2\"></span>nal <span class=\"_ _2\"></span>disclosure<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">required <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>MPMs. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Group <span class=\"_ _1\"></span>is also <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>essing <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>how information <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>grouped in <span class=\"_ _1\"></span>the financial <span class=\"_ _0\"></span>statements, </span><span style=\"display:inherit;clear:left;\">including for items currently labelled<span class=\"_ _2\"></span> as <span class=\"ff11\">other<span class=\"_ _0\"></span>. <span class=\"ff4\"> </span></span></span><span style=\"display:inherit;clear:left;\">Other accounting standa<span class=\"_ _2\"></span>rds </span><span style=\"display:inherit;clear:left;\">The following new and<span class=\"_ _0\"></span> amended accounting standards ar<span class=\"_ _1\"></span>e not<span class=\"_ _2\"></span> e<span class=\"_ _0\"></span>xpected to have <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ignificant impact on the Grou<span class=\"_ _0\"></span>p\u00b4s </span><span style=\"display:inherit;clear:left;\">consolidated financ<span class=\"_ _2\"></span>ial stat<span class=\"_ _0\"></span>ements: </span><span style=\"display:inherit;clear:left;\">Classification and Measurement of Financial Instrument<span class=\"_ _2\"></span>s (Amendments to <span class=\"_ _2\"></span>IFRS 9 and IF<span class=\"_ _2\"></span>RS 7) </span><span style=\"display:inherit;clear:left;\">Contracts Refer<span class=\"_ _0\"></span>encing Nature-<span class=\"_ _2\"></span>dependent Electricit<span class=\"_ _2\"></span>y (Amend<span class=\"_ _2\"></span>ments to IFRS 9 and IFRS <span class=\"_ _2\"></span>7)</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__117": {
   "value": "<span style=\"display:inherit;clear:left;\">39.2 Ass<span class=\"_ _0\"></span>ociates </span><span style=\"display:inherit;clear:left;\">Associates <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>those companies <span class=\"_ _0\"></span>in which <span class=\"_ _0\"></span>the Company has <span class=\"_ _0\"></span>significant in\ufb02uence, <span class=\"_ _0\"></span>but not <span class=\"_ _0\"></span>control, ov<span class=\"_ _0\"></span>er their financial </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>operating <span class=\"_ _13\"></span>p<span class=\"_ _2\"></span>olicy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Significant <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span>\ufb02uence <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>usually <span class=\"_ _18\"></span>present <span class=\"_ _13\"></span>w<span class=\"_ _2\"></span>hen <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Company <span class=\"_ _14\"></span>holds <span class=\"_ _14\"></span>20% <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>50% <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>voting </span><span style=\"display:inherit;clear:left;\">rights, <span class=\"_ _13\"></span>including <span class=\"_ _13\"></span>any <span class=\"_ _14\"></span>potential <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>ercisable <span class=\"_ _13\"></span>voting <span class=\"_ _14\"></span>rights. <span class=\"_ _13\"></span>Interes<span class=\"_ _0\"></span>ts <span class=\"_ _13\"></span>in <span class=\"_ _14\"></span>associat<span class=\"_ _0\"></span>es <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>ac<span class=\"_ _2\"></span>counted <span class=\"_ _13\"></span>for <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _13\"></span>equity </span><span style=\"display:inherit;clear:left;\">method. </span><span style=\"display:inherit;clear:left;\">Equity met<span class=\"_ _2\"></span>hod </span><span style=\"display:inherit;clear:left;\">The equity method is an acc<span class=\"_ _0\"></span>ounting policy whereby <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>stments in ass<span class=\"_ _0\"></span>ociate<span class=\"_ _0\"></span>s are i<span class=\"_ _0\"></span>nitially recognised a<span class=\"_ _0\"></span>t cos<span class=\"_ _0\"></span>t and the </span><span style=\"display:inherit;clear:left;\">carrying amount is subsequently<span class=\"_ _2\"></span> adjust<span class=\"_ _0\"></span>ed in accordance with any changes <span class=\"_ _0\"></span>in the Company's s<span class=\"_ _0\"></span>hare of the net assets </span><span style=\"display:inherit;clear:left;\">of the associates<span class=\"_ _0\"></span>. The Com<span class=\"_ _2\"></span>pany's share of the profit of an<span class=\"_ _2\"></span> associat<span class=\"_ _0\"></span>e is recognised a<span class=\"_ _2\"></span>s part of the Co<span class=\"_ _2\"></span>mpany's profit or </span><span style=\"display:inherit;clear:left;\">loss<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>If <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>an <span class=\"_ _2\"></span>associat<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>exceeds <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _2\"></span>amount, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Company <span class=\"_ _2\"></span>does <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>recognise </span><span style=\"display:inherit;clear:left;\">any <span class=\"_ _13\"></span>further <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>l<span class=\"_ _2\"></span>oss <span class=\"_ _13\"></span>unless <span class=\"_ _13\"></span>it <span class=\"_ _13\"></span>ha<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>issued <span class=\"_ _13\"></span>guarantees <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>beh<span class=\"_ _2\"></span>alf <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>associate <span class=\"_ _13\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>financed <span class=\"_ _14\"></span>its <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>In </span><span style=\"display:inherit;clear:left;\">subsequent <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>eriods, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _13\"></span>does <span class=\"_ _2\"></span>not<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>recognise <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>associa<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>unt<span class=\"_ _2\"></span>il <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>unrecogni<span class=\"_ _2\"></span>sed </span><span style=\"display:inherit;clear:left;\">share of loss<span class=\"_ _0\"></span> has <span class=\"_ _2\"></span>been equalised.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__116": {
   "value": "<span style=\"display:inherit;clear:left;\">39.2 Ass<span class=\"_ _0\"></span>ociates </span><span style=\"display:inherit;clear:left;\">Associates <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>those companies <span class=\"_ _0\"></span>in which <span class=\"_ _0\"></span>the Company has <span class=\"_ _0\"></span>significant in\ufb02uence, <span class=\"_ _0\"></span>but not <span class=\"_ _0\"></span>control, ov<span class=\"_ _0\"></span>er their financial </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _14\"></span>operating <span class=\"_ _13\"></span>p<span class=\"_ _2\"></span>olicy<span class=\"_ _1\"></span>. <span class=\"_ _14\"></span>Significant <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span>\ufb02uence <span class=\"_ _14\"></span>is <span class=\"_ _14\"></span>usually <span class=\"_ _18\"></span>present <span class=\"_ _13\"></span>w<span class=\"_ _2\"></span>hen <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>Company <span class=\"_ _14\"></span>holds <span class=\"_ _14\"></span>20% <span class=\"_ _18\"></span>to <span class=\"_ _13\"></span>50% <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>voting </span><span style=\"display:inherit;clear:left;\">rights, <span class=\"_ _13\"></span>including <span class=\"_ _13\"></span>any <span class=\"_ _14\"></span>potential <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>ercisable <span class=\"_ _13\"></span>voting <span class=\"_ _14\"></span>rights. <span class=\"_ _13\"></span>Interes<span class=\"_ _0\"></span>ts <span class=\"_ _13\"></span>in <span class=\"_ _14\"></span>associat<span class=\"_ _0\"></span>es <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>ac<span class=\"_ _2\"></span>counted <span class=\"_ _13\"></span>for <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _13\"></span>equity </span><span style=\"display:inherit;clear:left;\">method. </span><span style=\"display:inherit;clear:left;\">Equity met<span class=\"_ _2\"></span>hod </span><span style=\"display:inherit;clear:left;\">The equity method is an acc<span class=\"_ _0\"></span>ounting policy whereby <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>stments in ass<span class=\"_ _0\"></span>ociate<span class=\"_ _0\"></span>s are i<span class=\"_ _0\"></span>nitially recognised a<span class=\"_ _0\"></span>t cos<span class=\"_ _0\"></span>t and the </span><span style=\"display:inherit;clear:left;\">carrying amount is subsequently<span class=\"_ _2\"></span> adjust<span class=\"_ _0\"></span>ed in accordance with any changes <span class=\"_ _0\"></span>in the Company's s<span class=\"_ _0\"></span>hare of the net assets </span><span style=\"display:inherit;clear:left;\">of the associates<span class=\"_ _0\"></span>. The Com<span class=\"_ _2\"></span>pany's share of the profit of an<span class=\"_ _2\"></span> associat<span class=\"_ _0\"></span>e is recognised a<span class=\"_ _2\"></span>s part of the Co<span class=\"_ _2\"></span>mpany's profit or </span><span style=\"display:inherit;clear:left;\">loss<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>If <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>Company's <span class=\"_ _2\"></span>share <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>an <span class=\"_ _2\"></span>associat<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>exceeds <span class=\"_ _2\"></span>its <span class=\"_ _2\"></span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _2\"></span>amount, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Company <span class=\"_ _2\"></span>does <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>recognise </span><span style=\"display:inherit;clear:left;\">any <span class=\"_ _13\"></span>further <span class=\"_ _14\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>l<span class=\"_ _2\"></span>oss <span class=\"_ _13\"></span>unless <span class=\"_ _13\"></span>it <span class=\"_ _13\"></span>ha<span class=\"_ _2\"></span>s <span class=\"_ _13\"></span>issued <span class=\"_ _13\"></span>guarantees <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>beh<span class=\"_ _2\"></span>alf <span class=\"_ _13\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>associate <span class=\"_ _13\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>financed <span class=\"_ _14\"></span>its <span class=\"_ _13\"></span>op<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>ations<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>In </span><span style=\"display:inherit;clear:left;\">subsequent <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>eriods, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Company <span class=\"_ _13\"></span>does <span class=\"_ _2\"></span>not<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>recognise <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>share <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>associa<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>unt<span class=\"_ _2\"></span>il <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>unrecogni<span class=\"_ _2\"></span>sed </span><span style=\"display:inherit;clear:left;\">share of loss<span class=\"_ _0\"></span> has <span class=\"_ _2\"></span>been equalised.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__118": {
   "value": "<span style=\"display:inherit;clear:left;\">39.3 Goodwill<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Goodwill <span class=\"_ _18\"> </span>that <span class=\"_ _18\"> </span>arises <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>acquisitions <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>recognised <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>date <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>Company <span class=\"_ _16\"> </span>achieves <span class=\"_ _14\"></span>control <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>acquired </span><span style=\"display:inherit;clear:left;\">company<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Goodwill <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>di<span class=\"ff62\">ff</span>erence <span class=\"_ _2\"></span>between <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>acquisition <span class=\"_ _2\"></span>price <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>subsidiary <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>acquirer's <span class=\"_ _2\"></span>interest <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">net <span class=\"_ _13\"></span>assets <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>subsidiar<span class=\"ls10\">y</span>,<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>at <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _13\"></span>value <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>acquisition<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Go<span class=\"_ _2\"></span>odwill <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>ot <span class=\"_ _13\"></span>amortised <span class=\"_ _13\"></span>but <span class=\"_ _2\"></span>tested <span class=\"_ _13\"></span>annually <span class=\"_ _2\"></span>for </span><span style=\"display:inherit;clear:left;\">impairment or<span class=\"_ _2\"></span> more often if <span class=\"_ _2\"></span>there is any indication of impairm<span class=\"_ _2\"></span>ent. For the purpose of<span class=\"_ _2\"></span> impairment testing, go<span class=\"_ _2\"></span>odwill is </span><span style=\"display:inherit;clear:left;\">allocat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>to cash-generating units. <span class=\"_ _2\"></span>Those cash-generating units <span class=\"_ _2\"></span>to wh<span class=\"_ _2\"></span>ich good<span class=\"_ _2\"></span>will has bee<span class=\"_ _2\"></span>n allocated are <span class=\"_ _2\"></span>tested for </span><span style=\"display:inherit;clear:left;\">impairment. <span class=\"_ _13\"></span>Impairmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>has <span class=\"_ _2\"></span>occurred <span class=\"_ _13\"></span>if <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>carrying <span class=\"_ _13\"></span>amount <span class=\"_ _2\"></span>exceeds <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>recover<span class=\"_ _0\"></span>able <span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>ount. <span class=\"_ _2\"></span>Im<span class=\"_ _2\"></span>pairment <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>rst </span><span style=\"display:inherit;clear:left;\">recognised <span class=\"_ _13\"></span>by <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>e<span class=\"_ _0\"></span>xpense <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>good<span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>thereafter <span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>reduct<span class=\"_ _2\"></span>ion <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ther <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>that </span><span style=\"display:inherit;clear:left;\">cash-genera<span class=\"_ _0\"></span>ting unit. Im<span class=\"_ _2\"></span>pairment losses of goodwill are not<span class=\"_ _2\"></span> reversed in lat<span class=\"_ _0\"></span>er per<span class=\"_ _2\"></span>iods.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__119": {
   "value": "<span style=\"display:inherit;clear:left;\">39.4 For<span class=\"_ _0\"></span>eign cur<span class=\"_ _0\"></span>rencies </span><span style=\"display:inherit;clear:left;\">T<span class=\"_ _1\"></span>ransactions<span class=\"ls14 ws7d\"> </span>in<span class=\"ls14 ws7d\"> </span>foreign<span class=\"ls14 ws7d\"> </span>currency<span class=\"ls14 ws7d\"> </span>are<span class=\"ls14 ws7d\"> </span>recognised<span class=\"ls14 ws7d\"> </span>at<span class=\"ls14 ws7d\"> </span>the <span class=\"_ _13\"></span>prevailing<span class=\"ls14 ws7d\"> </span>exchange<span class=\"ls14 ws7d\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"ls14 ws7d\"> </span>on<span class=\"ls14 ws7d\"> </span>the<span class=\"ls11 ws7a\"> </span>tr<span class=\"_ _0\"></span>ansaction<span class=\"ls13 ws7c\"> </span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>.<span class=\"ls14 ws7d\"> </span>Monetary<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilities <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>foreign <span class=\"_ _2\"></span>currencies <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>recognised <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>prevailing <span class=\"_ _2\"></span>exchange <span class=\"_ _2\"></span>rate <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>end <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the reporting </span><span style=\"display:inherit;clear:left;\">date. Foreign exchange di<span class=\"ff63\">ff</span>erences are recognised in pro<span class=\"_ _2\"></span>fit or loss.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__121-1": {
   "value": "<span style=\"display:inherit;clear:left;\">39.5 Insur<span class=\"_ _1\"></span>ance Revenue </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _16\"> </span>revenue <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>rec<span class=\"_ _2\"></span>ognized <span class=\"_ _16\"> </span>ove<span class=\"_ _0\"></span>r <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>age <span class=\"_ _16\"> </span>period <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>line <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>tr<span class=\"_ _0\"></span>ansf<span class=\"_ _0\"></span>er <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>insurance <span class=\"_ _18\"> </span>ser<span class=\"_ _2\"></span>vices <span class=\"_\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">policyhol<span class=\"_ _2\"></span>der<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Under <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Premium <span class=\"_ _2\"></span>Allocation <span class=\"_ _2\"></span>Approach <span class=\"_ _13\"></span>(P<span class=\"_ _1\"></span>AA), <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>e\ufb02ec<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>elease <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Liability </span><span style=\"display:inherit;clear:left;\">for Remaining Coverage<span class=\"_ _0\"></span> (LRC) as serv<span class=\"_ _2\"></span>ices are provided over time<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Measurement of the Liabil<span class=\"_ _2\"></span>ity for Rema<span class=\"_ _2\"></span>ining<span class=\"_ _0\"></span> Cover<span class=\"_ _0\"></span>age (LRC)<span class=\"ff4\"> </span></span><span style=\"display:inherit;clear:left;\">Initial<span class=\"ff19\"> Recognition:<span class=\"ff4 ws15f\"> <span class=\"ws0\">At the inception of the contract, the LRC is measured as the premiums received (or </span></span></span></span><span style=\"display:inherit;clear:left;\">receivable), net of any acquisition cash <span class=\"_ _2\"></span>flows if applicable. If a financing component exists, the LRC is </span><span style=\"display:inherit;clear:left;\">discounted accordingly<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Subsequent <span class=\"ws0\">Measurement:<span class=\"ff4 ws15a\"> <span class=\"wsee\">The <span class=\"ws0\">LRC is <span class=\"ws160\">reduced <span class=\"_ _2\"></span><span class=\"ws114\">over <span class=\"wsc2\">the <span class=\"ws11e\">coverage <span class=\"ws104\">period <span class=\"ws161\">as <span class=\"ws11d\">insurance <span class=\"ws162\">services </span></span></span></span></span></span></span></span>are </span></span></span></span></span><span style=\"display:inherit;clear:left;\">provided, <span class=\"ws163\">with <span class=\"ws135\">the <span class=\"ws164\">corresponding <span class=\"wsc2\">amount <span class=\"ws165\">recognized <span class=\"_ _2\"></span><span class=\"ws142\">as <span class=\"ws166\">insurance </span></span></span></span></span></span></span>revenue. <span class=\"wsc5\">Adjustments <span class=\"ws167\">are <span class=\"wsee\">made <span class=\"ws0\">for </span></span></span></span></span><span style=\"display:inherit;clear:left;\">changes <span class=\"ws106\">in </span>estimates <span class=\"ws0\">of future <span class=\"ws169\">premiums <span class=\"ws143\">and <span class=\"ws11a\">expected <span class=\"_ _2\"></span></span></span></span>claims.</span></span><span style=\"display:inherit;clear:left;\">Recognition <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Revenue<span class=\"ff4\"> <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>reporting <span class=\"_ _2\"></span>perio<span class=\"_ _2\"></span>d i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span></span><span style=\"display:inherit;clear:left;\">LRC <span class=\"_ _13\"></span>released <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>services <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>provided <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>Group <span class=\"_ _2\"></span>allocates <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>revenue <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>straight-line <span class=\"_ _13\"></span>basis <span class=\"_ _13\"></span>over </span><span style=\"display:inherit;clear:left;\">the coverage period. If the expected <span class=\"_ _2\"></span>pattern of the release of service di<span class=\"ff65\">ff</span>ers signi<span class=\"_ _2\"></span>ficantly from the straight-line basis, </span><span style=\"display:inherit;clear:left;\">then the <span class=\"_ _2\"></span>allocation is <span class=\"_ _2\"></span>changed <span class=\"_ _2\"></span>to the <span class=\"_ _2\"></span>expected pattern <span class=\"_ _2\"></span>for release <span class=\"_ _2\"></span>of service. <span class=\"_ _2\"></span>The group <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>the method <span class=\"_ _2\"></span>if facts </span><span style=\"display:inherit;clear:left;\">and circumstance change.  </span><span style=\"display:inherit;clear:left;\">Key <span class=\"ws16a\">c</span>onsiderations <span class=\"ws15d\">f</span>or recognizing insurance <span class=\"ws154\">re</span>venue: </span><span style=\"display:inherit;clear:left;\">Time-Based Recognition:<span class=\"ff4 wsba\"> <span class=\"ws0\">If <span class=\"_ _2\"></span>insurance coverage is provided <span class=\"_ _2\"></span>evenly over the contract <span class=\"_ _2\"></span>period, revenue is </span></span></span><span style=\"display:inherit;clear:left;\">recognized on <span class=\"_ _2\"></span>a straight-line basis.</span><span style=\"display:inherit;clear:left;\">Alternative Systematic Approaches:<span class=\"ff4 ws16b\"> If the risk pro<span class=\"ws0\">file changes over time, an alternative allocation method </span></span></span><span style=\"display:inherit;clear:left;\">is used to reflect the transfer of services more accurately<span class=\"_ _0\"></span><span class=\"ls64\">.</span></span><span style=\"display:inherit;clear:left;\">Adjustments for Premium Changes:<span class=\"ff4 ws10c\"> Revenue is adjusted for <span class=\"_ _0\"></span>cancellations, modi<span class=\"ws0\">fications, and other </span></span></span><span style=\"display:inherit;clear:left;\">changes in premium estimates.</span><span style=\"display:inherit;clear:left;\">Premiums <span class=\"_ _1\"></span>recei<span class=\"_ _2\"></span>ved <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>advance <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cover<span class=\"_ _1\"></span>age periods <span class=\"_ _1\"></span>are r<span class=\"_ _0\"></span>ecorded as <span class=\"_ _1\"></span>part <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>LRC <span class=\"_ _1\"></span>and recognized <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>revenue </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cover<span class=\"_ _0\"></span>age is <span class=\"_ _2\"></span>provided.<span class=\"_ _2\"></span> I<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e revenue <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>separ<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ely <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insurance serv<span class=\"_ _2\"></span>ice <span class=\"_ _2\"></span>result, whi<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">includes claims incurred, ris<span class=\"_ _2\"></span>k adjustments, and other<span class=\"_ _2\"></span> relat<span class=\"_ _0\"></span>ed expenses.</span><span style=\"display:inherit;clear:left;\">39.6 Insur<span class=\"_ _1\"></span>ance service expenses </span><span style=\"display:inherit;clear:left;\">Insurance <span class=\"_ _2\"></span>service <span class=\"_ _13\"></span>expenses <span class=\"_ _2\"></span>include <span class=\"_ _2\"></span>both <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>operating <span class=\"_ _2\"></span>expenses <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>claims <span class=\"_ _2\"></span>expensed </span><span style=\"display:inherit;clear:left;\">during the <span class=\"_ _2\"></span>year<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Claims expensed consist <span class=\"_ _2\"></span>of claims <span class=\"_ _2\"></span>incurred during the <span class=\"_ _2\"></span>year as well <span class=\"_ _2\"></span>as the <span class=\"_ _2\"></span>e<span class=\"ff66\">ff</span>ect of reassessment <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">claims <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>previous <span class=\"_ _1\"></span>years. <span class=\"_ _1\"></span>T<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>liability <span class=\"_ _0\"></span>due <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>incu<span class=\"_ _0\"></span>rred consists <span class=\"_ _1\"></span>of the <span class=\"_ _1\"></span>total amo<span class=\"_ _0\"></span>unt <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>reported <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>unsettled </span><span style=\"display:inherit;clear:left;\">claims as well as an actuar<span class=\"_ _2\"></span>ial estimation of in<span class=\"_ _2\"></span>curred but unreported claims.</span><span style=\"display:inherit;clear:left;\">39.7 Insur<span class=\"_ _1\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">The Group issues contr<span class=\"_ _0\"></span>acts that transf<span class=\"_ _0\"></span>er both financ<span class=\"_ _2\"></span>ial and insurance risk from its customers to the Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Definition of insurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hich <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>agrees, <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>act, <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">compensate the po<span class=\"_ _2\"></span>licyholder for financial loss incurred due to an insured event. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>insured event <span class=\"_ _2\"></span>is uncerta<span class=\"_ _2\"></span>in, it<span class=\"_ _2\"></span> is no<span class=\"_ _2\"></span>t known <span class=\"_ _2\"></span>if or<span class=\"_ _2\"></span> when <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>occurs<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>and generally its <span class=\"_ _2\"></span>financial c<span class=\"_ _2\"></span>onsequences are <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">known beforehand. </span><span style=\"display:inherit;clear:left;\">Classification of insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntract<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts are clas<span class=\"_ _0\"></span>sified into categories based on the nature of the insured risk, life insurance and non-life </span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance with non-life insur<span class=\"_ _0\"></span>ance contracts <span class=\"_ _0\"></span>consisting of liabili<span class=\"_ _2\"></span>ty insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts, <span class=\"_ _0\"></span>accide<span class=\"_ _2\"></span>nt insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">and property insurance contracts,<span class=\"_ _0\"></span> includin<span class=\"_ _2\"></span>g marine and cargo insur<span class=\"_ _0\"></span>ance contracts. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rotect <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>customer <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>causing <span class=\"_ _13\"></span>harm <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>third <span class=\"_ _2\"></span>parties <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>result <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>their </span><span style=\"display:inherit;clear:left;\">legitimate <span class=\"_ _2\"></span>activities. <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>cident <span class=\"_ _13\"></span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>comp<span class=\"_ _2\"></span>ensate <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insured <span class=\"_ _13\"></span>own <span class=\"_ _2\"></span>bodily <span class=\"_ _13\"></span>injuries <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with </span><span style=\"display:inherit;clear:left;\">contractual pro<span class=\"_ _0\"></span>visions. </span><span style=\"display:inherit;clear:left;\">Property insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts compensate the Group's customers for damage to or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s of propert<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Customers that </span><span style=\"display:inherit;clear:left;\">carry <span class=\"_\"> </span>on <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ommercial <span class=\"_ _16\"> </span>activities <span class=\"_ _16\"> </span>may <span class=\"_ _16\"> </span>also <span class=\"_ _18\"> </span>b<span class=\"_ _2\"></span>e <span class=\"_ _16\"> </span>entitled<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>compensation <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>a <span class=\"_\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>of <span class=\"_\"> </span>earning<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>if <span class=\"_ _16\"> </span>their <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _18\"> </span>is </span><span style=\"display:inherit;clear:left;\">curtailed or<span class=\"_ _2\"></span> tempor<span class=\"_ _0\"></span>arily suspend<span class=\"_ _2\"></span>ed due to damage to the in<span class=\"_ _2\"></span>sured property<span class=\"_ _3\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Life <span class=\"_ _1\"></span>insurance <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>human life<span class=\"_ _1\"></span>, <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>instanc<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>eath <span class=\"_ _1\"></span>or <span class=\"_ _0\"></span>living <span class=\"_ _0\"></span>beyond <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>period. <span class=\"_ _0\"></span>Premiums </span><span style=\"display:inherit;clear:left;\">are recognized as revenue over the life of the contract. Compensation is expensed when<span class=\"_ _2\"></span> an insured event oc<span class=\"_ _2\"></span>curs<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Within <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>ca<span class=\"_ _0\"></span>tegory<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>asses<span class=\"_ _0\"></span>sed <span class=\"_ _2\"></span>whether<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>can <span class=\"_ _2\"></span>become <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>nerous<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumption <span class=\"_ _2\"></span>that<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pricing </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>under<span class=\"_ _2\"></span>lying <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>lead <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>dur<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>If <span class=\"_ _2\"></span>a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>proves to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>onero<span class=\"_ _2\"></span>us<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>loss<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>an <span class=\"_ _1\"></span>expense thro<span class=\"_ _0\"></span>ugh <span class=\"_ _0\"></span>profit <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>loss. <span class=\"_ _0\"></span>No <span class=\"_ _1\"></span>groups <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _0\"></span>agreements <span class=\"_ _0\"></span>have </span><span style=\"display:inherit;clear:left;\">been id<span class=\"_ _2\"></span>entified at the Group that are considered on<span class=\"_ _2\"></span>erou<span class=\"_ _0\"></span>s. </span><span style=\"display:inherit;clear:left;\">Contract boundaries </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>boundar<span class=\"_ _2\"></span>ies d<span class=\"_ _2\"></span>efine <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>within<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>boundary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>contract. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>measurement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">group <span class=\"_ _1\"></span>of <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>contracts <span class=\"_ _1\"></span>includes <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _1\"></span>\ufb02ows <span class=\"_ _0\"></span>arising <span class=\"_ _1\"></span>wit<span class=\"_ _2\"></span>hin <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>act <span class=\"_ _1\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>In <span class=\"_ _0\"></span>determinin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>wh<span class=\"_ _2\"></span>ich </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_ _0\"></span>\ufb02ows <span class=\"_ _1\"></span>fall <span class=\"_ _1\"></span>w<span class=\"_ _2\"></span>ithin <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, substantive <span class=\"_ _1\"></span>right<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>obligations <span class=\"_ _0\"></span>arising <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the terms <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>the contract, </span><span style=\"display:inherit;clear:left;\">together with <span class=\"_ _2\"></span>applicable laws and regulations, are considered.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _18\"> </span>have <span class=\"_\"> </span>a <span class=\"_ _18\"></span>les<span class=\"_ _0\"></span>s <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>han <span class=\"_ _18\"> </span>one<span class=\"_ _2\"></span>-year <span class=\"_ _18\"> </span>contract <span class=\"_ _18\"> </span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_\"> </span>typically <span class=\"_ _18\"> </span>until <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>next <span class=\"_ _18\"> </span>renewal <span class=\"_ _16\"> </span>date<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contract has one-year cover<span class=\"_ _0\"></span>age perio<span class=\"_ _2\"></span>d during which <span class=\"_ _2\"></span>ther<span class=\"_ _0\"></span>e are substantive rights and obligations. </span><span style=\"display:inherit;clear:left;\">The group uses the same prin<span class=\"_ _2\"></span>ciples for the contract boundaries of reinsur<span class=\"_ _0\"></span>ance contracts held. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws16e\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>ac<span class=\"ws106\">t </span>l<span class=\"_ _2\"></span>iabilities </span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>remaining cov<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>age: </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls65 ws16f\"> </span>Group<span class=\"ls65 ws16f\"> </span>uses<span class=\"ls65 ws16f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls65 ws170\"> </span>premi<span class=\"_ _2\"></span>um<span class=\"ls65 ws170\"> </span>allocation<span class=\"ls65 ws170\"> </span>approach<span class=\"ls66 ws16f\"> </span>(PAA)<span class=\"ls65 ws171\"> </span>to<span class=\"ls65 ws16f\"> </span>simplif<span class=\"_ _2\"></span>y<span class=\"_ _2\"></span><span class=\"ls67 ws16f\"> </span>the<span class=\"ls68 ws172\"> </span>measuremen<span class=\"_ _2\"></span>t<span class=\"ls69 ws16f\"> </span>of<span class=\"_ _2\"></span><span class=\"ls66 ws16f\"> </span>groups<span class=\"ls65 ws16f\"> </span>of<span class=\"ls65 ws170\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts. <span class=\"_ _0\"></span>On <span class=\"_ _0\"></span>initial <span class=\"_ _0\"></span>recognition of <span class=\"_ _1\"></span>eac<span class=\"_ _2\"></span>h gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>of contracts<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>liability<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>remaining cov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge </span><span style=\"display:inherit;clear:left;\">is measured <span class=\"_ _2\"></span>as the premium<span class=\"_ _2\"></span>s received <span class=\"_ _2\"></span>on initial recogni<span class=\"_ _2\"></span>tion.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls6a ws173\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls6a ws12c\"> </span>contracts<span class=\"ls6a ws173\"> </span>issued<span class=\"ls6a ws173\"> </span>by<span class=\"ls6a ws173\"> </span>the<span class=\"ls5c ws150\"> </span>group<span class=\"ls4f ws173\"> </span>have<span class=\"ls5c ws150\"> </span>a <span class=\"_ _14\"></span>cover<span class=\"_ _0\"></span>age<span class=\"ls6a ws173\"> </span>per<span class=\"_ _2\"></span>iod<span class=\"ls6a ws173\"> </span>of<span class=\"lsd ws173\"> </span>o<span class=\"_ _2\"></span>ne<span class=\"ls6a ws12c\"> </span>year<span class=\"ls6a ws12b\"> </span>or<span class=\"ls42 wsde\"> </span>les<span class=\"_ _0\"></span>s.<span class=\"ls6a ws12b\"> </span>For<span class=\"ls6a ws173\"> </span>contracts<span class=\"ls6a ws12b\"> </span>where<span class=\"ls42 wse0\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>perio<span class=\"_ _2\"></span>d<span class=\"ls58 ws175\"> </span>is<span class=\"ls58 ws176\"> </span>over<span class=\"ls6b ws177\"> </span>on<span class=\"_ _2\"></span>e<span class=\"ls6b ws174\"> </span>yea<span class=\"ls1d\">r</span>,<span class=\"ls6b ws174\"> </span>it<span class=\"ls6b ws178\"> </span>is<span class=\"ls6b ws174\"> </span>calc<span class=\"_ _2\"></span>ulated<span class=\"ls58 ws14a\"> </span>that<span class=\"ls6b ws174\"> </span>the<span class=\"_ _2\"></span><span class=\"ls6b ws177\"> </span>obligation<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>for<span class=\"ls6d ws174\"> </span>remaining<span class=\"ls6e ws14a\"> </span>cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>will<span class=\"ls6f ws177\"> </span>not<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>deviate </span><span style=\"display:inherit;clear:left;\">significantl<span class=\"_ _2\"></span>y from <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>bligati<span class=\"_ _0\"></span>on <span class=\"_ _2\"></span>that would have <span class=\"_ _2\"></span>been ar<span class=\"_ _2\"></span>rived at by app<span class=\"_ _2\"></span>lying the<span class=\"_ _2\"></span> gener<span class=\"_ _0\"></span>al me<span class=\"_ _2\"></span>asurement mod<span class=\"_ _2\"></span>el called </span><span style=\"display:inherit;clear:left;\">GMM, and<span class=\"_ _2\"></span> therefore P<span class=\"_ _1\"></span>AA w<span class=\"_ _2\"></span>ill also be used<span class=\"_ _2\"></span> for these cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws179\">e </span>Grou<span class=\"ws17a\">p <span class=\"ws17b\">has </span></span>chose<span class=\"ws17c\">n </span>t<span class=\"ws17d\">o </span>expens<span class=\"ws17e\">e </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws17f\">e </span>ac<span class=\"_ _2\"></span>quisitio<span class=\"ws52\">n <span class=\"_ _2\"></span></span>cas<span class=\"ws180\">h </span>\ufb02ow<span class=\"ws181\">s </span>whe<span class=\"ws17c\">n </span>the<span class=\"ws182\">y </span>ar<span class=\"ws183\">e </span>incurred<span class=\"ws184\">. </span>T<span class=\"ws185\">he </span>cover<span class=\"_ _0\"></span>ag<span class=\"ws17f\">e </span>per<span class=\"_ _2\"></span>io<span class=\"ws186\">d </span>is </span><span style=\"display:inherit;clear:left;\">defin<span class=\"_ _2\"></span>e<span class=\"wsb0\">d <span class=\"wsfe\">as </span></span>th<span class=\"ws187\">e </span>per<span class=\"_ _2\"></span>io<span class=\"wsb0\">d </span>whe<span class=\"ws188\">n <span class=\"ws106\">an </span></span>insure<span class=\"ws189\">d </span>even<span class=\"ws162\">t </span>ca<span class=\"wsee\">n </span>occu<span class=\"ls2c\">r</span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Subsequent<span class=\"_ _2\"></span>l<span class=\"ls15\">y</span><span class=\"ws18a\">, </span>t<span class=\"ws152\">he </span>carr<span class=\"_ _2\"></span>yi<span class=\"ws101\">ng </span>amoun<span class=\"ws18b\">t </span>of the liabilit<span class=\"_ _2\"></span><span class=\"ws18c\">y </span>fo<span class=\"ws18d\">r </span>remainin<span class=\"wsfb\">g </span>cover<span class=\"ws18e\">age </span>i<span class=\"ws18f\">s </span>increase<span class=\"ws101\">d </span>b<span class=\"ws190\">y </span>an<span class=\"ws191\">y </span>premium<span class=\"ws192\">s </span>rec<span class=\"_ _2\"></span>eive<span class=\"ws193\">d </span>and </span><span style=\"display:inherit;clear:left;\">decrease<span class=\"_ _2\"></span><span class=\"wsb0\">d </span>b<span class=\"_ _0\"></span><span class=\"ws10b\">y <span class=\"wsb6\">the <span class=\"ws0\">amou<span class=\"ws106\">nt </span>recognise<span class=\"ws194\">d <span class=\"ws195\">as </span></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>c<span class=\"ws141\">e </span>revenu<span class=\"wsee\">e </span>fo<span class=\"ws10c\">r </span>serv<span class=\"_ _2\"></span>ice<span class=\"ws130\">s </span>provided. <span class=\"fs1b\"> </span></span></span></span></span><span style=\"display:inherit;clear:left;\">Ser<span class=\"_ _2\"></span>vice<span class=\"ws196\">s </span>i<span class=\"ws197\">s <span class=\"_ _2\"></span></span>usuall<span class=\"ws153\">y </span>provide<span class=\"wsff\">d </span>base<span class=\"wsb0\">d </span>o<span class=\"wsc5\">n </span>pass<span class=\"ws198\">age </span>of time. </span><span style=\"display:inherit;clear:left;\">If a<span class=\"_ _0\"></span>t any <span class=\"_ _0\"></span>time during<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>the cover<span class=\"_ _0\"></span>age period, f<span class=\"_ _0\"></span>acts and circumstances indicate that a <span class=\"_ _0\"></span>group of <span class=\"_ _0\"></span>contracts is <span class=\"_ _0\"></span>onerous, then </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnises <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _13\"></span>or loss <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ncreases <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remaining <span class=\"_ _13\"></span>cover<span class=\"_ _1\"></span>age<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>extent <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>at t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">current <span class=\"_ _2\"></span>estimates <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ful<span class=\"_ _2\"></span>filment <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>remaining <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>exceed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _2\"></span> for remaining c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>incur<span class=\"_ _2\"></span>re<span class=\"wsc6\">d </span>c<span class=\"_ _0\"></span>laim<span class=\"_ _2\"></span>s: </span><span style=\"display:inherit;clear:left;\">Liability for <span class=\"_ _1\"></span>In<span class=\"_ _2\"></span>curred <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured as <span class=\"_ _1\"></span>the total <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>fulfilment<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>\ufb02ow<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>which comprise estimate<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">of<span class=\"ls70 ws199\"> </span>future<span class=\"ls71 ws10f\"> </span>cash<span class=\"ls70 ws19a\"> </span>\ufb02ows,<span class=\"ls71 ws10f\"> </span>adjusted<span class=\"_ _2\"></span><span class=\"ls72 ws199\"> </span>to<span class=\"ls72 ws19b\"> </span>re\ufb02ect<span class=\"ls72 ws199\"> </span>the<span class=\"_ _2\"></span><span class=\"ls72 ws19a\"> </span>time<span class=\"ls72 ws199\"> </span>value<span class=\"ls71 ws19c\"> </span>of<span class=\"ls70 ws199\"> </span>m<span class=\"_ _2\"></span>oney<span class=\"ls71 ws10f\"> </span>and<span class=\"ls72 ws199\"> </span>the<span class=\"ls71 ws19c\"> </span>associated<span class=\"ls72 ws199\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"ls73 ws199\"> </span>risks,<span class=\"ls71 ws19c\"> </span>and<span class=\"ls72 ws19a\"> </span>a <span class=\"_ _18\"> </span>ris<span class=\"_ _2\"></span>k </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t for non-financ<span class=\"_ _2\"></span>ial risk. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claims <span class=\"_ _2\"></span>and c<span class=\"_ _2\"></span>laims hand<span class=\"_ _2\"></span>ling c<span class=\"_ _2\"></span>osts includi<span class=\"_ _2\"></span>ng expected <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>handlin<span class=\"_ _2\"></span>g costs <span class=\"_ _2\"></span>are expensed <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the statement o<span class=\"_ _2\"></span>f profit </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s as <span class=\"_ _2\"></span>incurred <span class=\"_ _2\"></span>based on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>future cash <span class=\"_ _2\"></span>\ufb02ows to polic<span class=\"_ _2\"></span>yholders <span class=\"_ _2\"></span>or thi<span class=\"_ _2\"></span>rd parties to fu<span class=\"_ _2\"></span>lfil the<span class=\"_ _2\"></span> obl<span class=\"_ _2\"></span>igations </span><span style=\"display:inherit;clear:left;\">toward policyho<span class=\"_ _2\"></span>lders. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claim<span class=\"ws19d\">s </span>i<span class=\"_ _2\"></span>nclud<span class=\"ws19e\">e </span>di<span class=\"_ _2\"></span>rec<span class=\"ws19f\">t </span>claim<span class=\"ws19d\">s </span>hand<span class=\"_ _2\"></span>lin<span class=\"ws1a0\">g </span>cost<span class=\"ws19d\">s </span>t<span class=\"_ _2\"></span>ha<span class=\"ws1a1\">t </span>aris<span class=\"ws1a2\">e </span>fro<span class=\"ws1a3\">m </span>even<span class=\"ws1a4\">ts </span>th<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span><span class=\"ws19f\">t <span class=\"ws0\">hav<span class=\"ws1a2\">e </span>occurre<span class=\"ws1a5\">d </span>u<span class=\"ws1a6\">p <span class=\"ws1a7\">to </span></span>t<span class=\"ws1a8\">he </span>stateme<span class=\"ws1a9\">nt </span>o<span class=\"ws1a0\">f </span>financ<span class=\"_ _2\"></span>ial </span></span></span><span style=\"display:inherit;clear:left;\">positio<span class=\"wsee\">n </span>da<span class=\"ws152\">te </span>eve<span class=\"wsee\">n </span>i<span class=\"wsab\">f </span>the<span class=\"ws10b\">y <span class=\"ws15f\">have </span></span>no<span class=\"_ _2\"></span>t ye<span class=\"ws11a\">t </span>bee<span class=\"ws18b\">n </span>repor<span class=\"_ _2\"></span>te<span class=\"ws189\">d </span>t<span class=\"_ _0\"></span><span class=\"ws16b\">o <span class=\"ws0\">t<span class=\"ws1aa\">he </span>Group<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span></span></span><span style=\"display:inherit;clear:left;\">The Gro<span class=\"_ _0\"></span>up <span class=\"_ _0\"></span>recognises the <span class=\"_ _1\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>incurred<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>a <span class=\"_ _1\"></span>group <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>fulfil<span class=\"_ _2\"></span>ment </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_\"> </span>flows <span class=\"_ _17\"> </span>relating <span class=\"_ _17\"> </span>to <span class=\"_ _17\"> </span>incurred <span class=\"_\"> </span>claims. <span class=\"_ _17\"> </span>The <span class=\"_ _17\"> </span>future <span class=\"_ _17\"> </span>fulfilment <span class=\"_\"> </span>cash <span class=\"_ _17\"> </span>flows <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>discounted <span class=\"_\"> </span>(at <span class=\"_ _17\"> </span>current <span class=\"_ _17\"> </span>rates) <span class=\"_ _17\"> </span>and </span><span style=\"display:inherit;clear:left;\">adjusted <span class=\"_ _18\"> </span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>e<span class=\"ff67\">ff</span>ect <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>future<span class=\"ff67 ls23 ws1ab\"> <span class=\"ff68 ws0\">inflation<span class=\"ff67\">.<span class=\"ls74 ws1ac\"> </span></span></span></span>Fulfilment <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>flows <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>using <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>assessments <span class=\"_ _18\"></span>of <span class=\"_ _13\"></span>individual </span><span style=\"display:inherit;clear:left;\">cases <span class=\"_ _18\"> </span>reported <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>statistical <span class=\"_ _18\"></span>analyses <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>incurred <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>reported. <span class=\"_ _18\"> </span>The <span class=\"_ _14\"></span>provisions <span class=\"_ _14\"></span>include </span><span style=\"display:inherit;clear:left;\">claims handling costs.<span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Assumptio<span class=\"ws152\">ns </span>a<span class=\"ws1ad\">nd </span>interd<span class=\"_ _2\"></span>ependenc<span class=\"_ _2\"></span>ies<span class=\"fs1b ws156\"> </span></span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>aggrega<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>and the<span class=\"_ _2\"></span> evaluation o<span class=\"_ _2\"></span>f cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary<span class=\"_ _2\"></span> are signi<span class=\"_ _2\"></span>ficant assumptio<span class=\"_ _2\"></span>ns as <span class=\"_ _2\"></span>these d<span class=\"_ _2\"></span>efine the<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _14\"></span>premium <span class=\"_ _18\"> </span>allocation <span class=\"_ _18\"> </span>model\u2019s <span class=\"_ _18\"> </span>simplified <span class=\"_ _18\"> </span>measurement <span class=\"_ _18\"> </span>model. <span class=\"_ _18\"></span>Discounting <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>future <span class=\"_ _18\"> </span>inflation </span><span style=\"display:inherit;clear:left;\">a<span class=\"ff69\">ff</span>ects <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>particular <span class=\"_ _14\"></span>long <span class=\"_ _18\"></span>tailed <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>assessment <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>actual <span class=\"_ _14\"></span>claim <span class=\"_ _18\"> </span>takes <span class=\"_ _14\"></span>time. <span class=\"_ _18\"></span>This <span class=\"_ _14\"></span>is <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>case <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">claims in motor liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers\u2019 compensation, personal accident. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>incurred <span class=\"_ _16\"> </span>claims <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>determined <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>each <span class=\"_ _18\"> </span>line <span class=\"_ _16\"> </span>of <span class=\"_ _18\"></span>business <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _16\"> </span>actuarial <span class=\"_ _18\"> </span>methods. <span class=\"_ _18\"> </span>Expected <span class=\"_ _16\"> </span>cash  </span><span style=\"display:inherit;clear:left;\">flows <span class=\"_\"> </span>are <span class=\"_\"> </span>adjusted <span class=\"_ _17\"> </span>for <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>future <span class=\"_\"> </span>e<span class=\"ff6a\">ff</span>ect <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>inflation.<span class=\"_ _2\"></span><span class=\"ls75 ws1ae\"> </span>The <span class=\"_\"> </span>models <span class=\"_\"> </span>currently <span class=\"_ _17\"> </span>used <span class=\"_\"> </span>are <span class=\"_ _17\"> </span>Chain-Ladder<span class=\"_ _1\"></span>,<span class=\"_ _1\"></span><span class=\"ls45 ws1af\"> <span class=\"ls0 ws0\">Bornhuetter </span></span></span><span style=\"display:inherit;clear:left;\">Ferguson. In <span class=\"_ _2\"></span>some <span class=\"_ _1\"></span>instances, <span class=\"_ _0\"></span>historic <span class=\"_ _1\"></span>data <span class=\"_ _0\"></span>used <span class=\"_ _1\"></span>in <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>actuarial <span class=\"_ _0\"></span>models <span class=\"_ _1\"></span>need <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>be <span class=\"_ _1\"></span>supplemented <span class=\"_ _0\"></span>with <span class=\"_ _1\"></span>predictions for </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>development <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims. <span class=\"_ _13\"></span>This is <span class=\"_ _2\"></span>used <span class=\"_ _13\"></span>when there <span class=\"_ _13\"></span>are structural <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>underlying <span class=\"_ _2\"></span>insurance </span><span style=\"display:inherit;clear:left;\">risk. <span class=\"_ _13\"></span>In <span class=\"_ _13\"></span>this <span class=\"_ _13\"></span>situation, <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>historical <span class=\"_ _13\"></span>data <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>supplemented <span class=\"_ _13\"></span>with <span class=\"_ _14\"></span>an <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>priori <span class=\"_ _13\"></span>estimate <span class=\"_ _14\"></span>for <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>expected <span class=\"_ _14\"></span>change <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">level of claims. </span><span style=\"display:inherit;clear:left;\">Measu<span class=\"ws1b0\">rement, </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"wsc5\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act<span class=\"wsc2\">s </span>held </span><span style=\"display:inherit;clear:left;\">The Group applies the same principles to measure a group of reinsurance contracts and insurance contracts </span><span style=\"display:inherit;clear:left;\">issued, adapted where necessary to re<span class=\"_ _2\"></span>flect features that di<span class=\"_ _2\"></span><span class=\"ff6b\">ff</span>er from those of insurance contracts. <span class=\"_ _13\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The Liability for <span class=\"_ _0\"></span>remaining coverage <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>using the P<span class=\"_ _1\"></span>AA method<span class=\"_ _2\"></span>. The <span class=\"_ _0\"></span>reinsurance held have <span class=\"_ _0\"></span>a cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age period </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>one <span class=\"_ _2\"></span>ye<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>less. <span class=\"_ _2\"></span>For <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontracts w<span class=\"_ _2\"></span>here <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cov<span class=\"_ _0\"></span>erage p<span class=\"_ _2\"></span>erio<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>over <span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>yea<span class=\"ls76\">r</span>, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>coverage </span><span style=\"display:inherit;clear:left;\">will <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>deviate <span class=\"_ _1\"></span>signi<span class=\"_ _2\"></span>ficantly fr<span class=\"_ _0\"></span>om the <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _1\"></span>would have <span class=\"_ _1\"></span>bee<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>ar<span class=\"_ _2\"></span>rived <span class=\"_ _0\"></span>at <span class=\"_ _1\"></span>by applying <span class=\"_ _1\"></span>the gener<span class=\"_ _0\"></span>al <span class=\"_ _1\"></span>m<span class=\"_ _2\"></span>easurement </span><span style=\"display:inherit;clear:left;\">model<span class=\"_ _2\"></span> called GMM,<span class=\"_ _2\"></span> and therefore P<span class=\"_ _1\"></span>AA <span class=\"_ _2\"></span>will also be u<span class=\"_ _2\"></span>sed for these contracts. </span><span style=\"display:inherit;clear:left;\">I<span class=\"ws1a0\">f <span class=\"ws1b1\">a </span></span>loss-recover<span class=\"ws1b2\">y </span>co<span class=\"_ _2\"></span>mponen<span class=\"_ _2\"></span><span class=\"ws1b3\">t </span>i<span class=\"ws19d\">s </span>create<span class=\"ws1a5\">d </span>fo<span class=\"ws1b4\">r <span class=\"ws1b1\">a </span></span>grou<span class=\"ws1b5\">p </span>o<span class=\"ws1b6\">f </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"ws1a2\">e </span>contract<span class=\"ws1b7\">s </span>measure<span class=\"ws1b8\">d </span>und<span class=\"_ _2\"></span>e<span class=\"ws1b9\">r <span class=\"ws1ba\">the </span></span>P<span class=\"_ _1\"></span>AA<span class=\"_ _2\"></span><span class=\"ws1bb\">, </span>the<span class=\"ws1bc\">n <span class=\"ws1ba\">the </span></span>Group </span><span style=\"display:inherit;clear:left;\">adjust<span class=\"ws130\">s <span class=\"wsaf\">the </span></span>carr<span class=\"_ _2\"></span>ying amo<span class=\"_ _2\"></span>u<span class=\"ws1bd\">nt </span>of th<span class=\"wsba\">e </span>asse<span class=\"ws162\">t </span>fo<span class=\"ws1be\">r </span>r<span class=\"_ _0\"></span>emainin<span class=\"_ _2\"></span>g cover<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Discounting </span><span style=\"display:inherit;clear:left;\">Discounting <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>17 <span class=\"_ _2\"></span>involves <span class=\"_ _2\"></span>adjustin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cas<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>present <span class=\"_ _2\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>re\ufb02ec<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>me <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>one<span class=\"ls15\">y</span>. </span><span style=\"display:inherit;clear:left;\">Liability for i<span class=\"_ _2\"></span>ncurred claims is <span class=\"_ _2\"></span>discounted to re\ufb02ec<span class=\"_ _2\"></span>t the ti<span class=\"_ _2\"></span>me value of <span class=\"_ _2\"></span>money and<span class=\"_ _2\"></span> the associated financ<span class=\"_ _2\"></span>ial risks at the </span><span style=\"display:inherit;clear:left;\">reportin<span class=\"_ _2\"></span>g<span class=\"ls7a ws150\"> </span>date<span class=\"_ _0\"></span>.<span class=\"ls5c ws150\"> </span>Discount<span class=\"ls77 ws150\"> </span>rate<span class=\"ls78 ws14e\"> </span>re\ufb02ects<span class=\"ls78 wse1\"> </span>the<span class=\"ls6a ws173\"> </span>y<span class=\"_ _2\"></span>ield<span class=\"ls5c wse0\"> </span>cur<span class=\"_ _2\"></span>ve<span class=\"ls78 ws14e\"> </span>in<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 ws14e\"> </span>appropr<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>te<span class=\"ls78 ws14e\"> </span>currency<span class=\"ls44 ws150\"> </span>for<span class=\"ls7b ws150\"> </span>in<span class=\"_ _2\"></span>struments<span class=\"ls5c ws150\"> </span>that<span class=\"ls77 wse0\"> </span>expose<span class=\"ls3d ws1bf\"> </span>the </span><span style=\"display:inherit;clear:left;\">holde<span class=\"_ _2\"></span>r<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7d ws1c1\"> </span>no<span class=\"ls7c ws1c0\"> </span>or<span class=\"ls7c ws1c0\"> </span>negl<span class=\"_ _2\"></span>igible<span class=\"ls7c ws1c0\"> </span>credit<span class=\"ls7c ws1c2\"> </span>r<span class=\"_ _2\"></span>isk,<span class=\"ls7c ws1c0\"> </span>adjusted<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7c ws1c0\"> </span>re\ufb02ec<span class=\"_ _2\"></span>t<span class=\"ls7c ws1c0\"> </span>the<span class=\"ls6a ws12b\"> </span>liquidity<span class=\"ls7e ws1c1\"> </span>c<span class=\"_ _2\"></span>har<span class=\"_ _0\"></span>acteristics<span class=\"ls7c ws1c3\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls7f ws1c0\"> </span>payment<span class=\"_ _2\"></span><span class=\"ls7f ws1c2\"> </span>of<span class=\"ls7f ws1c0\"> </span>future<span class=\"ls7c ws1c0\"> </span>incurred </span><span style=\"display:inherit;clear:left;\">claims.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1c4\">e </span>EIOP<span class=\"_ _0\"></span><span class=\"wsab\">A <span class=\"ws0\">ris<span class=\"ws92\">k </span>fre<span class=\"ws1c5\">e </span>discou<span class=\"ws106\">nt </span>meet<span class=\"ws130\">s <span class=\"_ _2\"></span></span>thes<span class=\"ws141\">e </span>requiremen<span class=\"ws1c6\">ts <span class=\"ws9d\">and <span class=\"ws15f\">have </span></span></span>bee<span class=\"_ _2\"></span>n used. </span></span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Ris<span class=\"ws1c7\">k </span>Adjustm<span class=\"_ _2\"></span>ent </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>adjustment <span class=\"_ _13\"></span>represents <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>com<span class=\"_ _2\"></span>pensation <span class=\"_ _13\"></span>an <span class=\"_ _13\"></span>entity <span class=\"_ _13\"></span>requires <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>beari<span class=\"_ _2\"></span>ng <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>uncertaint<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>about <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>amount<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls78 ws14e\"> </span>tim<span class=\"_ _2\"></span>ing<span class=\"ls80 ws14e\"> </span>of<span class=\"ls81 ws14e\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls3d ws1bf\"> </span>cash<span class=\"ls78 ws14e\"> </span>\ufb02ows<span class=\"ls3d wsd3\"> </span>that<span class=\"_ _0\"></span><span class=\"ls82 ws14e\"> <span class=\"ls0 ws0\">arises<span class=\"ls3d wsd3\"> </span>from<span class=\"ls47 wsd3\"> </span>non-finan<span class=\"_ _2\"></span>cial</span><span class=\"ls78\"> <span class=\"ls0 ws0\">ri<span class=\"_ _2\"></span>sk<span class=\"ls3d ws1c8\"> </span>as<span class=\"ls3d wsd3\"> </span>the<span class=\"ls3d wsd3\"> </span>entity<span class=\"ls43 wsdf\"> </span>fulfi<span class=\"_ _2\"></span>ls</span><span class=\"wse1\"> <span class=\"ls0 ws0\">insur<span class=\"_ _0\"></span>ance<span class=\"ls3d wsd3\"> </span>contracts.<span class=\"ls3d wsd3\"> </span>The<span class=\"ls3d wsd3\"> </span>risk </span></span></span></span></span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _13\"></span>non-financia<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>(RA<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>re\ufb02<span class=\"_ _2\"></span>ects <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>compen<span class=\"_ _2\"></span>sation <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>equired<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>timing <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls7d ws1c1\"> </span>arising <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>non-fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>Sources<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>u<span class=\"_ _2\"></span>ncertaint<span class=\"_ _2\"></span>y <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">and timing of the cash \ufb02ows are link<span class=\"_ _0\"></span>ed to the determination of the LIC<span class=\"_ _0\"></span>, stat<span class=\"_ _0\"></span>ed above<span class=\"_ _0\"></span>, and the estimation of the fut<span class=\"_ _0\"></span>ure </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows, i.e<span class=\"_ _1\"></span>. w<span class=\"_ _2\"></span>hen the <span class=\"_ _2\"></span>claims payment<span class=\"_ _2\"></span>s tak<span class=\"_ _0\"></span>e plac<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">RA<span class=\"ls83 ws1c9\"> </span>is<span class=\"ls65 ws16f\"> </span>calculated<span class=\"ls65 ws16f\"> </span>on<span class=\"ls66 ws16f\"> </span>a <span class=\"_ _17\"> </span>group<span class=\"_ _2\"></span><span class=\"ls65 ws170\"> </span>level<span class=\"ls69 ws170\"> </span>for<span class=\"ls65 ws170\"> </span>the<span class=\"ls65 ws16f\"> </span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance<span class=\"ls65 ws170\"> </span>business.<span class=\"ls68 ws172\"> </span>A <span class=\"_\"> </span>cost<span class=\"ls65 ws16f\"> </span>of<span class=\"ls66 ws16f\"> </span>capital<span class=\"_ _2\"></span><span class=\"ls84 ws170\"> </span>approach<span class=\"ls65 ws16f\"> </span>is<span class=\"ls65 ws16f\"> </span>ch<span class=\"_ _2\"></span>osen,<span class=\"ls65 ws16f\"> </span>and<span class=\"ls68 ws1c9\"> </span>risk </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>osen <span class=\"_ _2\"></span>to represent <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>confid<span class=\"_ _2\"></span>ence <span class=\"_ _2\"></span>level <span class=\"_ _2\"></span>of 85 <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>cent<span class=\"_ _2\"></span>. <span class=\"_ _2\"></span>RA is <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>re<span class=\"_ _0\"></span>sented <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>full i<span class=\"_ _2\"></span>n the <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>serv<span class=\"_ _2\"></span>ice </span><span style=\"display:inherit;clear:left;\">result. </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Lev<span class=\"ws113\">el </span>o<span class=\"ws140\">f </span>Ag<span class=\"_ _2\"></span>greg<span class=\"_ _0\"></span>ation </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls85 ws1c9\"> </span>contracts<span class=\"ls85 ws1cd\"> </span>are<span class=\"ls57 ws14c\"> </span>aggregat<span class=\"_ _0\"></span>ed<span class=\"ls85 ws1cd\"> </span>into<span class=\"ls85 ws1cd\"> </span>p<span class=\"_ _2\"></span>ortfolios<span class=\"ls57 ws14c\"> </span>of<span class=\"ls86 ws1cd\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls85 ws1c9\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.<span class=\"ls57 ws14b\"> </span>A <span class=\"_\"> </span>portfolio<span class=\"ls85 ws1cd\"> </span>co<span class=\"_ _2\"></span>mprises<span class=\"ls57 ws14b\"> </span>of<span class=\"ls86 ws1cd\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>sim<span class=\"_ _2\"></span>ilar <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>managed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>togethe<span class=\"ls5a\">r</span>. <span class=\"_ _2\"></span>These <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ortfolios are <span class=\"_ _2\"></span>furt<span class=\"_ _2\"></span>her <span class=\"_ _2\"></span>div<span class=\"_ _2\"></span>ided <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>annual <span class=\"_ _2\"></span>cohorts, <span class=\"_ _2\"></span>i.e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ls87 ws1ce\"> </span>not<span class=\"ls88 ws174\"> </span>issued<span class=\"ls56 ws149\"> </span>more<span class=\"ls87 ws1ce\"> </span>than<span class=\"_ _2\"></span><span class=\"ls6d ws1ce\"> </span>one<span class=\"ls87 ws1ce\"> </span>year<span class=\"ls87 ws174\"> </span>apart<span class=\"ls56 ws149\"> </span>based<span class=\"ls58 ws14a\"> </span>in<span class=\"_ _2\"></span><span class=\"ls88 ws1ce\"> </span>a <span class=\"_ _17\"> </span>risk<span class=\"ls87 ws1ce\"> </span>basis.<span class=\"ls87 ws1ce\"> </span>P<span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>rtfolios<span class=\"ls87 ws174\"> </span>are<span class=\"ls89 ws1cf\"> </span>determined<span class=\"ls87 ws1ce\"> </span>based<span class=\"ls87 ws174\"> </span>on<span class=\"ls88 ws1ce\"> </span>a </span><span style=\"display:inherit;clear:left;\">segmentation <span class=\"_ _2\"></span>of business, o<span class=\"_ _2\"></span>r a c<span class=\"_ _2\"></span>ombination <span class=\"_ _2\"></span>of li<span class=\"_ _2\"></span>ne of <span class=\"_ _2\"></span>business (as d<span class=\"_ _2\"></span>efined <span class=\"_ _2\"></span>by the <span class=\"_ _2\"></span>management)<span class=\"_ _2\"></span>, business area <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">countr<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">No <span class=\"ws0\">materi<span class=\"wsbf\">al </span>onerou<span class=\"ws92\">s </span>contract<span class=\"ws145\">s <span class=\"ws1d0\">have </span></span>bee<span class=\"wsae\">n </span>id<span class=\"_ _2\"></span>entified<span class=\"wsfa\">. </span> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Separation </span><span style=\"display:inherit;clear:left;\">Contracts <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>transfer <span class=\"_ _0\"></span>a significant insurance <span class=\"_ _0\"></span>risk are <span class=\"_ _0\"></span>classified as insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts. Contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>by <span class=\"_ _0\"></span>the gro<span class=\"_ _0\"></span>up </span><span style=\"display:inherit;clear:left;\">under<span class=\"ls56 ws149\"> </span>wh<span class=\"_ _2\"></span>ich<span class=\"ls59 ws14a\"> </span>it<span class=\"ls57 ws14b\"> </span>transfers<span class=\"ls57 ws14b\"> </span>significant<span class=\"ls8a ws14c\"> </span>insurance<span class=\"ls56 ws149\"> </span>risk<span class=\"ls56 ws149\"> </span>related<span class=\"ls56 ws149\"> </span>to<span class=\"ls56 ws149\"> </span>underly<span class=\"_ _2\"></span>ing<span class=\"ls8b ws14b\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nce<span class=\"ls56 ws14a\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls56 ws149\"> </span>as </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>p <span class=\"_ _2\"></span>issues <span class=\"_ _13\"></span>certain <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>life <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>policies, <span class=\"_ _13\"></span>which <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>cluded <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>art, <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>separa<span class=\"_ _0\"></span>te <span class=\"_ _13\"></span>unit </span><span style=\"display:inherit;clear:left;\">linked<span class=\"ls8c ws1d1\"> </span>saving<span class=\"ls8d ws96\"> </span>part.<span class=\"ls36 wsd1\"> </span>Using<span class=\"ls8d ws96\"> </span>the<span class=\"ls2a ws96\"> </span>p<span class=\"_ _2\"></span>rinciples<span class=\"ls36 wsd1\"> </span>for<span class=\"ls8c ws1d1\"> </span>separa<span class=\"_ _0\"></span>tion,<span class=\"ls2a ws96\"> </span>these<span class=\"ls2a ws96\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts<span class=\"ls2a ws96\"> </span>are<span class=\"ls36 wsd1\"> </span>split<span class=\"ls2a ws96\"> </span>into<span class=\"ls2a ws96\"> </span>a <span class=\"_ _18\"></span>savings<span class=\"ls36 wsd1\"> </span>and<span class=\"ls2a ws96\"> </span>an<span class=\"ls2a ws96\"> </span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce </span><span style=\"display:inherit;clear:left;\">compo<span class=\"_ _2\"></span>nent. The <span class=\"_ _1\"></span>sav<span class=\"_ _2\"></span>ings <span class=\"_ _0\"></span>component <span class=\"_ _0\"></span>is v<span class=\"_ _0\"></span>alued using <span class=\"_ _1\"></span>I<span class=\"_ _2\"></span>FRS 9, <span class=\"_ _1\"></span>b<span class=\"_ _2\"></span>ecause <span class=\"_ _0\"></span>the inv<span class=\"_ _0\"></span>estment risk <span class=\"_ _1\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>borne by <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>policyholde<span class=\"ls5a\">r</span>, </span><span style=\"display:inherit;clear:left;\">and it is <span class=\"_ _2\"></span>distinct<span class=\"_ _2\"></span> from the insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e ris<span class=\"_ _2\"></span>k. The insurance compo<span class=\"_ _2\"></span>nent is valued <span class=\"_ _2\"></span>using IF<span class=\"_ _2\"></span>RS17. </span><span style=\"display:inherit;clear:left;\">Thes<span class=\"ws1d2\">e </span>princ<span class=\"_ _2\"></span>iple<span class=\"ws1d3\">s </span>ensur<span class=\"ws1d4\">e </span>tha<span class=\"ws1d5\">t </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span><span class=\"ws1d6\">e </span>contrac<span class=\"ws1d7\">ts <span class=\"ws7b\">are </span></span>measure<span class=\"wse\">d </span>accur<span class=\"_ _0\"></span>atel<span class=\"ls10\">y</span><span class=\"ws1d8\">, </span>tr<span class=\"_ _0\"></span>ansparentl<span class=\"_ _2\"></span><span class=\"ls65\">y</span><span class=\"ws1d9\">, <span class=\"ws1da\">and </span></span>i<span class=\"ws1db\">n <span class=\"ws1dc\">a </span></span>manne<span class=\"ws1dd\">r </span>that </span><span style=\"display:inherit;clear:left;\">re\ufb02ect<span class=\"ws145\">s <span class=\"_ _2\"></span></span>th<span class=\"ws1cc\">e </span>economi<span class=\"ws126\">c </span>realit<span class=\"ws1de\">y </span>of t<span class=\"_ _2\"></span><span class=\"ws113\">he </span>underly<span class=\"_ _2\"></span>ing risk<span class=\"ws92\">s <span class=\"wsb2\">and </span></span>cas<span class=\"wsae\">h </span>\ufb02ows<span class=\"wsac\">. </span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>ac<span class=\"_ _2\"></span>quisition cost </span><span style=\"display:inherit;clear:left;\">Al<span class=\"ws1e0\">l </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws1e1\">e </span>acquisit<span class=\"_ _2\"></span>io<span class=\"ws1e2\">n </span>cost<span class=\"ws1e3\">s </span>ar<span class=\"ws1e1\">e </span>re<span class=\"_ _0\"></span>cognize<span class=\"ws2b\">d </span>immed<span class=\"_ _2\"></span>iate<span class=\"_ _0\"></span>l<span class=\"ws158\">y </span>i<span class=\"ws1e4\">n <span class=\"ws1e5\">the </span></span>statemen<span class=\"ws1e6\">t </span>o<span class=\"ws1e6\">f </span>profi<span class=\"ws1e7\">t </span>o<span class=\"ws1e8\">r </span>los<span class=\"ws1e9\">s <span class=\"ws1ea\">as <span class=\"ws1eb\">an </span></span></span>expens<span class=\"ws1e1\">e </span>i<span class=\"ws1ec\">n </span>the </span><span style=\"display:inherit;clear:left;\">perio<span class=\"wsb6\">d </span>i<span class=\"_ _2\"></span><span class=\"ws16b\">n </span>whic<span class=\"ws16b\">h </span>the<span class=\"ws1ed\">y </span>ar<span class=\"ws1ee\">e </span>incurre<span class=\"wsb6\">d <span class=\"ws163\">and <span class=\"ws15b\">are </span></span></span>r<span class=\"_ _0\"></span>ecognise<span class=\"ws146\">d </span>unde<span class=\"ws1ef\">r </span>insuranc<span class=\"ws143\">e </span>servi<span class=\"_ _2\"></span>c<span class=\"ws143\">e </span>expens<span class=\"ws143\">e </span>i<span class=\"wsec\">n <span class=\"wsae\">the </span></span>Inco<span class=\"_ _2\"></span>m<span class=\"ws1f0\">e </span>sta<span class=\"_ _0\"></span>temen<span class=\"ws127\">t. </span> </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>contr<span class=\"_ _0\"></span>act<span class=\"ws114\">s </span>held </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1f1\">e </span>Grou<span class=\"ws1f2\">p </span>enter<span class=\"ws183\">s </span>int<span class=\"ws17c\">o </span>reinsuranc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>wit<span class=\"ws1f3\">h </span>t<span class=\"ws1f4\">he <span class=\"_ _2\"></span></span>purpos<span class=\"ws1f1\">e </span>o<span class=\"ws1f5\">f </span>mitigatin<span class=\"ws41\">g </span>it<span class=\"_ _2\"></span><span class=\"ws183\">s </span>risk<span class=\"ws1f6\">. </span>Rei<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>anc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>he<span class=\"ws1f7\">ld </span>are </span><span style=\"display:inherit;clear:left;\">eithe<span class=\"ws164\">r </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>portio<span class=\"_ _2\"></span><span class=\"ws12d\">nal </span>o<span class=\"ws1f8\">r </span>cove<span class=\"ws1ef\">r </span>th<span class=\"ws1ee\">e </span>total ris<span class=\"ws1ee\">k </span>i<span class=\"ws25\">f <span class=\"wsc2\">the </span></span>los<span class=\"ws145\">s </span>fro<span class=\"ws10c\">m <span class=\"wsc8\">a </span></span>clai<span class=\"ws140\">m </span>eve<span class=\"wsc5\">nt </span>exceed<span class=\"ws92\">s <span class=\"wsc2\">the </span></span>pre-agree<span class=\"ws106\">d </span>claim amount<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Premium <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>reinsurance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>ar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>reinsurance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>einsurers <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>eld <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>claims </span><span style=\"display:inherit;clear:left;\">received.<span class=\"ls8e ws1c1\"> </span>Th<span class=\"_ _2\"></span>ese<span class=\"ls8e ws1f9\"> </span>consists<span class=\"ls8e ws1f9\"> </span>of <span class=\"_ _13\"></span>claims<span class=\"ls8e ws1f9\"> </span>on <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue<span class=\"ls8e ws1c1\"> </span>to<span class=\"ls8e ws1f9\"> </span>their<span class=\"ls8e ws1f9\"> </span>share<span class=\"ls8e ws1f9\"> </span>of<span class=\"ls7e ws1f9\"> </span>the<span class=\"ls8e ws1c1\"> </span>claims <span class=\"_ _13\"></span>provision.<span class=\"_ _2\"></span><span class=\"ls8e ws1c1\"> </span>The<span class=\"ls8e ws1c1\"> </span>Group <span class=\"_ _13\"></span>applies<span class=\"ls8e ws1f9\"> </span>the </span><span style=\"display:inherit;clear:left;\">same <span class=\"_ _17\"> </span>accounting <span class=\"_ _15\"> </span>policies <span class=\"_ _17\"> </span>to <span class=\"_ _1c\"> </span>measure <span class=\"_ _1c\"> </span>a <span class=\"_ _1c\"> </span>group <span class=\"_ _17\"> </span>of <span class=\"_ _1c\"> </span>reinsurance <span class=\"_ _1c\"> </span>contracts, <span class=\"_ _1c\"> </span>adapted <span class=\"_ _1c\"> </span>where <span class=\"_ _1c\"> </span>necessary <span class=\"_ _1c\"> </span>to <span class=\"_ _1c\"> </span>reflect </span><span style=\"display:inherit;clear:left;\">features that di<span class=\"ff6c\">ff</span>er from those of insurance contracts.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for no<span class=\"_ _2\"></span>n-financial <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>for reinsurance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> using <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>milar st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tistical <span class=\"_ _2\"></span>model<span class=\"_ _2\"></span>s as f<span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls44 ws14f\"> </span>insurance<span class=\"ls19 ws14f\"> </span>contract<span class=\"ls44 ws14f\"> </span>so<span class=\"ls19 ws150\"> </span>that<span class=\"ls44 ws150\"> </span>it<span class=\"ls5c ws14f\"> </span>represents<span class=\"ls19 ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>amount<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls44 ws14f\"> </span>risk<span class=\"ls5b ws14d\"> </span>be<span class=\"_ _2\"></span>ing<span class=\"ls8f ws150\"> </span>transferred<span class=\"ls5c ws150\"> </span>by<span class=\"ls19 ws14f\"> <span class=\"_ _2\"></span></span>the<span class=\"ls5c ws150\"> </span>hold<span class=\"_ _2\"></span>er<span class=\"ls19 ws14f\"> </span>of<span class=\"ls44 ws14f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls5b ws14e\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls19 ws14f\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts to the<span class=\"_ _2\"></span> issuer of those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws10b\">t </span>financ<span class=\"wsec\">e </span>expense<span class=\"ws114\">s </span>from insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>contracts </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _13\"></span>finance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts <span class=\"_ _13\"></span>comprise <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>finance <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>recognised </span><span style=\"display:inherit;clear:left;\">in <span class=\"_ _13\"></span>profit <span class=\"_ _13\"></span>or <span class=\"_ _14\"></span>loss <span class=\"_ _13\"></span>during <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>period <span class=\"_ _14\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _14\"></span>with <span class=\"_ _13\"></span>IFRS <span class=\"_ _14\"></span>17 <span class=\"_ _13\"></span><span class=\"ff11\">Insurance <span class=\"_ _14\"></span>Contracts</span>. <span class=\"_ _13\"></span>These <span class=\"_ _14\"></span>amounts <span class=\"_ _13\"></span>arise <span class=\"_ _14\"></span>from <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">e<span class=\"ff6d\">ff</span>ect of the time value of money and financial risk related to insurance contracts issued. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls90 ws199\"> </span>finance<span class=\"ls90 ws1fa\"> </span>inc<span class=\"_ _2\"></span>ome<span class=\"ls91 ws1fb\"> </span>and<span class=\"ls90 ws199\"> </span>expenses<span class=\"ls4e ws110\"> </span>include<span class=\"ls90 ws199\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls90 ws1fa\"> </span>unwinding<span class=\"ls73 ws1fa\"> </span>of<span class=\"ls92 ws199\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls92 ws1fa\"> </span>ra<span class=\"_ _0\"></span>tes<span class=\"ls90 ws1fa\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls90 ws199\"> </span>to<span class=\"ls90 ws1fa\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls90 ws199\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _1\"></span>ac<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impact <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>assumpti<span class=\"_ _2\"></span>ons <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Finance <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>come <span class=\"_ _13\"></span>and </span><span style=\"display:inherit;clear:left;\">expenses<span class=\"ls2a ws96\"> </span>are<span class=\"ls2a ws96\"> </span>determined<span class=\"_ _2\"></span><span class=\"ls8c ws1d1\"> </span>using<span class=\"ls93 ws1d1\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls36 wsd2\"> </span>discount<span class=\"ls36 wsd1\"> </span>rates<span class=\"ls2a ws96\"> </span>applied<span class=\"ls2a wsd1\"> </span>on<span class=\"_ _2\"></span><span class=\"ls46 wsd1\"> </span>initial<span class=\"ls94 ws96\"> </span>recognition<span class=\"_ _2\"></span><span class=\"ls8c wsd3\"> </span>of<span class=\"ls8c ws1d1\"> </span>the<span class=\"ls2a ws96\"> </span>insurance<span class=\"ls2a ws96\"> </span>contracts<span class=\"ls2a ws96\"> </span>and, </span><span style=\"display:inherit;clear:left;\">where app<span class=\"_ _2\"></span>licable<span class=\"_ _0\"></span>, updated discount rates re\ufb02ecting current m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws1be\">t </span>financ<span class=\"ws1cc\">e </span>expense<span class=\"ws145\">s </span>from insuranc<span class=\"ws13f\">e </span>contrac<span class=\"ws161\">ts </span>ar<span class=\"ws13f\">e </span>pr<span class=\"_ _0\"></span>esente<span class=\"ws146\">d </span>withi<span class=\"wsc8\">n </span>ne<span class=\"wsc8\">t </span>financial inc<span class=\"_ _2\"></span>ome/<span class=\"_ _1\"></span>expens<span class=\"ws143\">e </span>i<span class=\"ws16b\">n </span>t<span class=\"ws113\">he </span>statement </span><span style=\"display:inherit;clear:left;\">o<span class=\"wsc8\">f </span>profit or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__120": {
   "value": "<span style=\"display:inherit;clear:left;\">39.5 Insur<span class=\"_ _1\"></span>ance Revenue </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _16\"> </span>revenue <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>rec<span class=\"_ _2\"></span>ognized <span class=\"_ _16\"> </span>ove<span class=\"_ _0\"></span>r <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>age <span class=\"_ _16\"> </span>period <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>line <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>the <span class=\"_\"> </span>tr<span class=\"_ _0\"></span>ansf<span class=\"_ _0\"></span>er <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>insurance <span class=\"_ _18\"> </span>ser<span class=\"_ _2\"></span>vices <span class=\"_\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">policyhol<span class=\"_ _2\"></span>der<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>Under <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Premium <span class=\"_ _2\"></span>Allocation <span class=\"_ _2\"></span>Approach <span class=\"_ _13\"></span>(P<span class=\"_ _1\"></span>AA), <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>e\ufb02ec<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>elease <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Liability </span><span style=\"display:inherit;clear:left;\">for Remaining Coverage<span class=\"_ _0\"></span> (LRC) as serv<span class=\"_ _2\"></span>ices are provided over time<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Measurement of the Liabil<span class=\"_ _2\"></span>ity for Rema<span class=\"_ _2\"></span>ining<span class=\"_ _0\"></span> Cover<span class=\"_ _0\"></span>age (LRC)<span class=\"ff4\"> </span></span><span style=\"display:inherit;clear:left;\">Initial<span class=\"ff19\"> Recognition:<span class=\"ff4 ws15f\"> <span class=\"ws0\">At the inception of the contract, the LRC is measured as the premiums received (or </span></span></span></span><span style=\"display:inherit;clear:left;\">receivable), net of any acquisition cash <span class=\"_ _2\"></span>flows if applicable. If a financing component exists, the LRC is </span><span style=\"display:inherit;clear:left;\">discounted accordingly<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Subsequent <span class=\"ws0\">Measurement:<span class=\"ff4 ws15a\"> <span class=\"wsee\">The <span class=\"ws0\">LRC is <span class=\"ws160\">reduced <span class=\"_ _2\"></span><span class=\"ws114\">over <span class=\"wsc2\">the <span class=\"ws11e\">coverage <span class=\"ws104\">period <span class=\"ws161\">as <span class=\"ws11d\">insurance <span class=\"ws162\">services </span></span></span></span></span></span></span></span>are </span></span></span></span></span><span style=\"display:inherit;clear:left;\">provided, <span class=\"ws163\">with <span class=\"ws135\">the <span class=\"ws164\">corresponding <span class=\"wsc2\">amount <span class=\"ws165\">recognized <span class=\"_ _2\"></span><span class=\"ws142\">as <span class=\"ws166\">insurance </span></span></span></span></span></span></span>revenue. <span class=\"wsc5\">Adjustments <span class=\"ws167\">are <span class=\"wsee\">made <span class=\"ws0\">for </span></span></span></span></span><span style=\"display:inherit;clear:left;\">changes <span class=\"ws106\">in </span>estimates <span class=\"ws0\">of future <span class=\"ws169\">premiums <span class=\"ws143\">and <span class=\"ws11a\">expected <span class=\"_ _2\"></span></span></span></span>claims.</span></span><span style=\"display:inherit;clear:left;\">Recognition <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _2\"></span>Insur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>Revenue<span class=\"ff4\"> <span class=\"_ _2\"></span>I<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>revenue <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>reporting <span class=\"_ _2\"></span>perio<span class=\"_ _2\"></span>d i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>derived <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> </span></span><span style=\"display:inherit;clear:left;\">LRC <span class=\"_ _13\"></span>released <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>services <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>provided <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>The <span class=\"_ _13\"></span>Group <span class=\"_ _2\"></span>allocates <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>revenue <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>straight-line <span class=\"_ _13\"></span>basis <span class=\"_ _13\"></span>over </span><span style=\"display:inherit;clear:left;\">the coverage period. If the expected <span class=\"_ _2\"></span>pattern of the release of service di<span class=\"ff65\">ff</span>ers signi<span class=\"_ _2\"></span>ficantly from the straight-line basis, </span><span style=\"display:inherit;clear:left;\">then the <span class=\"_ _2\"></span>allocation is <span class=\"_ _2\"></span>changed <span class=\"_ _2\"></span>to the <span class=\"_ _2\"></span>expected pattern <span class=\"_ _2\"></span>for release <span class=\"_ _2\"></span>of service. <span class=\"_ _2\"></span>The group <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>the method <span class=\"_ _2\"></span>if facts </span><span style=\"display:inherit;clear:left;\">and circumstance change.  </span><span style=\"display:inherit;clear:left;\">Key <span class=\"ws16a\">c</span>onsiderations <span class=\"ws15d\">f</span>or recognizing insurance <span class=\"ws154\">re</span>venue: </span><span style=\"display:inherit;clear:left;\">Time-Based Recognition:<span class=\"ff4 wsba\"> <span class=\"ws0\">If <span class=\"_ _2\"></span>insurance coverage is provided <span class=\"_ _2\"></span>evenly over the contract <span class=\"_ _2\"></span>period, revenue is </span></span></span><span style=\"display:inherit;clear:left;\">recognized on <span class=\"_ _2\"></span>a straight-line basis.</span><span style=\"display:inherit;clear:left;\">Alternative Systematic Approaches:<span class=\"ff4 ws16b\"> If the risk pro<span class=\"ws0\">file changes over time, an alternative allocation method </span></span></span><span style=\"display:inherit;clear:left;\">is used to reflect the transfer of services more accurately<span class=\"_ _0\"></span><span class=\"ls64\">.</span></span><span style=\"display:inherit;clear:left;\">Adjustments for Premium Changes:<span class=\"ff4 ws10c\"> Revenue is adjusted for <span class=\"_ _0\"></span>cancellations, modi<span class=\"ws0\">fications, and other </span></span></span><span style=\"display:inherit;clear:left;\">changes in premium estimates.</span><span style=\"display:inherit;clear:left;\">Premiums <span class=\"_ _1\"></span>recei<span class=\"_ _2\"></span>ved <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>advance <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cover<span class=\"_ _1\"></span>age periods <span class=\"_ _1\"></span>are r<span class=\"_ _0\"></span>ecorded as <span class=\"_ _1\"></span>part <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>LRC <span class=\"_ _1\"></span>and recognized <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>revenue </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cover<span class=\"_ _0\"></span>age is <span class=\"_ _2\"></span>provided.<span class=\"_ _2\"></span> I<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e revenue <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>separ<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ely <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insurance serv<span class=\"_ _2\"></span>ice <span class=\"_ _2\"></span>result, whi<span class=\"_ _2\"></span>ch </span><span style=\"display:inherit;clear:left;\">includes claims incurred, ris<span class=\"_ _2\"></span>k adjustments, and other<span class=\"_ _2\"></span> relat<span class=\"_ _0\"></span>ed expenses.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__124-1": {
   "value": "<span style=\"display:inherit;clear:left;\">39.7 Insur<span class=\"_ _1\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">The Group issues contr<span class=\"_ _0\"></span>acts that transf<span class=\"_ _0\"></span>er both financ<span class=\"_ _2\"></span>ial and insurance risk from its customers to the Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Definition of insurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hich <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>agrees, <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>act, <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">compensate the po<span class=\"_ _2\"></span>licyholder for financial loss incurred due to an insured event. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>insured event <span class=\"_ _2\"></span>is uncerta<span class=\"_ _2\"></span>in, it<span class=\"_ _2\"></span> is no<span class=\"_ _2\"></span>t known <span class=\"_ _2\"></span>if or<span class=\"_ _2\"></span> when <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>occurs<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>and generally its <span class=\"_ _2\"></span>financial c<span class=\"_ _2\"></span>onsequences are <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">known beforehand. </span><span style=\"display:inherit;clear:left;\">Classification of insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntract<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts are clas<span class=\"_ _0\"></span>sified into categories based on the nature of the insured risk, life insurance and non-life </span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance with non-life insur<span class=\"_ _0\"></span>ance contracts <span class=\"_ _0\"></span>consisting of liabili<span class=\"_ _2\"></span>ty insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts, <span class=\"_ _0\"></span>accide<span class=\"_ _2\"></span>nt insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">and property insurance contracts,<span class=\"_ _0\"></span> includin<span class=\"_ _2\"></span>g marine and cargo insur<span class=\"_ _0\"></span>ance contracts. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rotect <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>customer <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>causing <span class=\"_ _13\"></span>harm <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>third <span class=\"_ _2\"></span>parties <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>result <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>their </span><span style=\"display:inherit;clear:left;\">legitimate <span class=\"_ _2\"></span>activities. <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>cident <span class=\"_ _13\"></span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>comp<span class=\"_ _2\"></span>ensate <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insured <span class=\"_ _13\"></span>own <span class=\"_ _2\"></span>bodily <span class=\"_ _13\"></span>injuries <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with </span><span style=\"display:inherit;clear:left;\">contractual pro<span class=\"_ _0\"></span>visions. </span><span style=\"display:inherit;clear:left;\">Property insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts compensate the Group's customers for damage to or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s of propert<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Customers that </span><span style=\"display:inherit;clear:left;\">carry <span class=\"_\"> </span>on <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ommercial <span class=\"_ _16\"> </span>activities <span class=\"_ _16\"> </span>may <span class=\"_ _16\"> </span>also <span class=\"_ _18\"> </span>b<span class=\"_ _2\"></span>e <span class=\"_ _16\"> </span>entitled<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>compensation <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>a <span class=\"_\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>of <span class=\"_\"> </span>earning<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>if <span class=\"_ _16\"> </span>their <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _18\"> </span>is </span><span style=\"display:inherit;clear:left;\">curtailed or<span class=\"_ _2\"></span> tempor<span class=\"_ _0\"></span>arily suspend<span class=\"_ _2\"></span>ed due to damage to the in<span class=\"_ _2\"></span>sured property<span class=\"_ _3\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Life <span class=\"_ _1\"></span>insurance <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>human life<span class=\"_ _1\"></span>, <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>instanc<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>eath <span class=\"_ _1\"></span>or <span class=\"_ _0\"></span>living <span class=\"_ _0\"></span>beyond <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>period. <span class=\"_ _0\"></span>Premiums </span><span style=\"display:inherit;clear:left;\">are recognized as revenue over the life of the contract. Compensation is expensed when<span class=\"_ _2\"></span> an insured event oc<span class=\"_ _2\"></span>curs<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Within <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>ca<span class=\"_ _0\"></span>tegory<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>asses<span class=\"_ _0\"></span>sed <span class=\"_ _2\"></span>whether<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>can <span class=\"_ _2\"></span>become <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>nerous<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumption <span class=\"_ _2\"></span>that<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pricing </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>under<span class=\"_ _2\"></span>lying <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>lead <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>dur<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>If <span class=\"_ _2\"></span>a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>proves to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>onero<span class=\"_ _2\"></span>us<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>loss<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>an <span class=\"_ _1\"></span>expense thro<span class=\"_ _0\"></span>ugh <span class=\"_ _0\"></span>profit <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>loss. <span class=\"_ _0\"></span>No <span class=\"_ _1\"></span>groups <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _0\"></span>agreements <span class=\"_ _0\"></span>have </span><span style=\"display:inherit;clear:left;\">been id<span class=\"_ _2\"></span>entified at the Group that are considered on<span class=\"_ _2\"></span>erou<span class=\"_ _0\"></span>s. </span><span style=\"display:inherit;clear:left;\">Contract boundaries </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>boundar<span class=\"_ _2\"></span>ies d<span class=\"_ _2\"></span>efine <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>within<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>boundary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>contract. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>measurement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">group <span class=\"_ _1\"></span>of <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>contracts <span class=\"_ _1\"></span>includes <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _1\"></span>\ufb02ows <span class=\"_ _0\"></span>arising <span class=\"_ _1\"></span>wit<span class=\"_ _2\"></span>hin <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>act <span class=\"_ _1\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>In <span class=\"_ _0\"></span>determinin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>wh<span class=\"_ _2\"></span>ich </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_ _0\"></span>\ufb02ows <span class=\"_ _1\"></span>fall <span class=\"_ _1\"></span>w<span class=\"_ _2\"></span>ithin <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, substantive <span class=\"_ _1\"></span>right<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>obligations <span class=\"_ _0\"></span>arising <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the terms <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>the contract, </span><span style=\"display:inherit;clear:left;\">together with <span class=\"_ _2\"></span>applicable laws and regulations, are considered.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _18\"> </span>have <span class=\"_\"> </span>a <span class=\"_ _18\"></span>les<span class=\"_ _0\"></span>s <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>han <span class=\"_ _18\"> </span>one<span class=\"_ _2\"></span>-year <span class=\"_ _18\"> </span>contract <span class=\"_ _18\"> </span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_\"> </span>typically <span class=\"_ _18\"> </span>until <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>next <span class=\"_ _18\"> </span>renewal <span class=\"_ _16\"> </span>date<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contract has one-year cover<span class=\"_ _0\"></span>age perio<span class=\"_ _2\"></span>d during which <span class=\"_ _2\"></span>ther<span class=\"_ _0\"></span>e are substantive rights and obligations. </span><span style=\"display:inherit;clear:left;\">The group uses the same prin<span class=\"_ _2\"></span>ciples for the contract boundaries of reinsur<span class=\"_ _0\"></span>ance contracts held. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws16e\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>ac<span class=\"ws106\">t </span>l<span class=\"_ _2\"></span>iabilities </span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>remaining cov<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>age: </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls65 ws16f\"> </span>Group<span class=\"ls65 ws16f\"> </span>uses<span class=\"ls65 ws16f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls65 ws170\"> </span>premi<span class=\"_ _2\"></span>um<span class=\"ls65 ws170\"> </span>allocation<span class=\"ls65 ws170\"> </span>approach<span class=\"ls66 ws16f\"> </span>(PAA)<span class=\"ls65 ws171\"> </span>to<span class=\"ls65 ws16f\"> </span>simplif<span class=\"_ _2\"></span>y<span class=\"_ _2\"></span><span class=\"ls67 ws16f\"> </span>the<span class=\"ls68 ws172\"> </span>measuremen<span class=\"_ _2\"></span>t<span class=\"ls69 ws16f\"> </span>of<span class=\"_ _2\"></span><span class=\"ls66 ws16f\"> </span>groups<span class=\"ls65 ws16f\"> </span>of<span class=\"ls65 ws170\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts. <span class=\"_ _0\"></span>On <span class=\"_ _0\"></span>initial <span class=\"_ _0\"></span>recognition of <span class=\"_ _1\"></span>eac<span class=\"_ _2\"></span>h gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>of contracts<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>liability<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>remaining cov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge </span><span style=\"display:inherit;clear:left;\">is measured <span class=\"_ _2\"></span>as the premium<span class=\"_ _2\"></span>s received <span class=\"_ _2\"></span>on initial recogni<span class=\"_ _2\"></span>tion.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls6a ws173\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls6a ws12c\"> </span>contracts<span class=\"ls6a ws173\"> </span>issued<span class=\"ls6a ws173\"> </span>by<span class=\"ls6a ws173\"> </span>the<span class=\"ls5c ws150\"> </span>group<span class=\"ls4f ws173\"> </span>have<span class=\"ls5c ws150\"> </span>a <span class=\"_ _14\"></span>cover<span class=\"_ _0\"></span>age<span class=\"ls6a ws173\"> </span>per<span class=\"_ _2\"></span>iod<span class=\"ls6a ws173\"> </span>of<span class=\"lsd ws173\"> </span>o<span class=\"_ _2\"></span>ne<span class=\"ls6a ws12c\"> </span>year<span class=\"ls6a ws12b\"> </span>or<span class=\"ls42 wsde\"> </span>les<span class=\"_ _0\"></span>s.<span class=\"ls6a ws12b\"> </span>For<span class=\"ls6a ws173\"> </span>contracts<span class=\"ls6a ws12b\"> </span>where<span class=\"ls42 wse0\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>perio<span class=\"_ _2\"></span>d<span class=\"ls58 ws175\"> </span>is<span class=\"ls58 ws176\"> </span>over<span class=\"ls6b ws177\"> </span>on<span class=\"_ _2\"></span>e<span class=\"ls6b ws174\"> </span>yea<span class=\"ls1d\">r</span>,<span class=\"ls6b ws174\"> </span>it<span class=\"ls6b ws178\"> </span>is<span class=\"ls6b ws174\"> </span>calc<span class=\"_ _2\"></span>ulated<span class=\"ls58 ws14a\"> </span>that<span class=\"ls6b ws174\"> </span>the<span class=\"_ _2\"></span><span class=\"ls6b ws177\"> </span>obligation<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>for<span class=\"ls6d ws174\"> </span>remaining<span class=\"ls6e ws14a\"> </span>cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>will<span class=\"ls6f ws177\"> </span>not<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>deviate </span><span style=\"display:inherit;clear:left;\">significantl<span class=\"_ _2\"></span>y from <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>bligati<span class=\"_ _0\"></span>on <span class=\"_ _2\"></span>that would have <span class=\"_ _2\"></span>been ar<span class=\"_ _2\"></span>rived at by app<span class=\"_ _2\"></span>lying the<span class=\"_ _2\"></span> gener<span class=\"_ _0\"></span>al me<span class=\"_ _2\"></span>asurement mod<span class=\"_ _2\"></span>el called </span><span style=\"display:inherit;clear:left;\">GMM, and<span class=\"_ _2\"></span> therefore P<span class=\"_ _1\"></span>AA w<span class=\"_ _2\"></span>ill also be used<span class=\"_ _2\"></span> for these cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws179\">e </span>Grou<span class=\"ws17a\">p <span class=\"ws17b\">has </span></span>chose<span class=\"ws17c\">n </span>t<span class=\"ws17d\">o </span>expens<span class=\"ws17e\">e </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws17f\">e </span>ac<span class=\"_ _2\"></span>quisitio<span class=\"ws52\">n <span class=\"_ _2\"></span></span>cas<span class=\"ws180\">h </span>\ufb02ow<span class=\"ws181\">s </span>whe<span class=\"ws17c\">n </span>the<span class=\"ws182\">y </span>ar<span class=\"ws183\">e </span>incurred<span class=\"ws184\">. </span>T<span class=\"ws185\">he </span>cover<span class=\"_ _0\"></span>ag<span class=\"ws17f\">e </span>per<span class=\"_ _2\"></span>io<span class=\"ws186\">d </span>is </span><span style=\"display:inherit;clear:left;\">defin<span class=\"_ _2\"></span>e<span class=\"wsb0\">d <span class=\"wsfe\">as </span></span>th<span class=\"ws187\">e </span>per<span class=\"_ _2\"></span>io<span class=\"wsb0\">d </span>whe<span class=\"ws188\">n <span class=\"ws106\">an </span></span>insure<span class=\"ws189\">d </span>even<span class=\"ws162\">t </span>ca<span class=\"wsee\">n </span>occu<span class=\"ls2c\">r</span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Subsequent<span class=\"_ _2\"></span>l<span class=\"ls15\">y</span><span class=\"ws18a\">, </span>t<span class=\"ws152\">he </span>carr<span class=\"_ _2\"></span>yi<span class=\"ws101\">ng </span>amoun<span class=\"ws18b\">t </span>of the liabilit<span class=\"_ _2\"></span><span class=\"ws18c\">y </span>fo<span class=\"ws18d\">r </span>remainin<span class=\"wsfb\">g </span>cover<span class=\"ws18e\">age </span>i<span class=\"ws18f\">s </span>increase<span class=\"ws101\">d </span>b<span class=\"ws190\">y </span>an<span class=\"ws191\">y </span>premium<span class=\"ws192\">s </span>rec<span class=\"_ _2\"></span>eive<span class=\"ws193\">d </span>and </span><span style=\"display:inherit;clear:left;\">decrease<span class=\"_ _2\"></span><span class=\"wsb0\">d </span>b<span class=\"_ _0\"></span><span class=\"ws10b\">y <span class=\"wsb6\">the <span class=\"ws0\">amou<span class=\"ws106\">nt </span>recognise<span class=\"ws194\">d <span class=\"ws195\">as </span></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>c<span class=\"ws141\">e </span>revenu<span class=\"wsee\">e </span>fo<span class=\"ws10c\">r </span>serv<span class=\"_ _2\"></span>ice<span class=\"ws130\">s </span>provided. <span class=\"fs1b\"> </span></span></span></span></span><span style=\"display:inherit;clear:left;\">Ser<span class=\"_ _2\"></span>vice<span class=\"ws196\">s </span>i<span class=\"ws197\">s <span class=\"_ _2\"></span></span>usuall<span class=\"ws153\">y </span>provide<span class=\"wsff\">d </span>base<span class=\"wsb0\">d </span>o<span class=\"wsc5\">n </span>pass<span class=\"ws198\">age </span>of time. </span><span style=\"display:inherit;clear:left;\">If a<span class=\"_ _0\"></span>t any <span class=\"_ _0\"></span>time during<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>the cover<span class=\"_ _0\"></span>age period, f<span class=\"_ _0\"></span>acts and circumstances indicate that a <span class=\"_ _0\"></span>group of <span class=\"_ _0\"></span>contracts is <span class=\"_ _0\"></span>onerous, then </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnises <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _13\"></span>or loss <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ncreases <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remaining <span class=\"_ _13\"></span>cover<span class=\"_ _1\"></span>age<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>extent <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>at t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">current <span class=\"_ _2\"></span>estimates <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ful<span class=\"_ _2\"></span>filment <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>remaining <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>exceed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _2\"></span> for remaining c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>incur<span class=\"_ _2\"></span>re<span class=\"wsc6\">d </span>c<span class=\"_ _0\"></span>laim<span class=\"_ _2\"></span>s: </span><span style=\"display:inherit;clear:left;\">Liability for <span class=\"_ _1\"></span>In<span class=\"_ _2\"></span>curred <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured as <span class=\"_ _1\"></span>the total <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>fulfilment<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>\ufb02ow<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>which comprise estimate<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">of<span class=\"ls70 ws199\"> </span>future<span class=\"ls71 ws10f\"> </span>cash<span class=\"ls70 ws19a\"> </span>\ufb02ows,<span class=\"ls71 ws10f\"> </span>adjusted<span class=\"_ _2\"></span><span class=\"ls72 ws199\"> </span>to<span class=\"ls72 ws19b\"> </span>re\ufb02ect<span class=\"ls72 ws199\"> </span>the<span class=\"_ _2\"></span><span class=\"ls72 ws19a\"> </span>time<span class=\"ls72 ws199\"> </span>value<span class=\"ls71 ws19c\"> </span>of<span class=\"ls70 ws199\"> </span>m<span class=\"_ _2\"></span>oney<span class=\"ls71 ws10f\"> </span>and<span class=\"ls72 ws199\"> </span>the<span class=\"ls71 ws19c\"> </span>associated<span class=\"ls72 ws199\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"ls73 ws199\"> </span>risks,<span class=\"ls71 ws19c\"> </span>and<span class=\"ls72 ws19a\"> </span>a <span class=\"_ _18\"> </span>ris<span class=\"_ _2\"></span>k </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t for non-financ<span class=\"_ _2\"></span>ial risk. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claims <span class=\"_ _2\"></span>and c<span class=\"_ _2\"></span>laims hand<span class=\"_ _2\"></span>ling c<span class=\"_ _2\"></span>osts includi<span class=\"_ _2\"></span>ng expected <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>handlin<span class=\"_ _2\"></span>g costs <span class=\"_ _2\"></span>are expensed <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the statement o<span class=\"_ _2\"></span>f profit </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s as <span class=\"_ _2\"></span>incurred <span class=\"_ _2\"></span>based on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>future cash <span class=\"_ _2\"></span>\ufb02ows to polic<span class=\"_ _2\"></span>yholders <span class=\"_ _2\"></span>or thi<span class=\"_ _2\"></span>rd parties to fu<span class=\"_ _2\"></span>lfil the<span class=\"_ _2\"></span> obl<span class=\"_ _2\"></span>igations </span><span style=\"display:inherit;clear:left;\">toward policyho<span class=\"_ _2\"></span>lders. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claim<span class=\"ws19d\">s </span>i<span class=\"_ _2\"></span>nclud<span class=\"ws19e\">e </span>di<span class=\"_ _2\"></span>rec<span class=\"ws19f\">t </span>claim<span class=\"ws19d\">s </span>hand<span class=\"_ _2\"></span>lin<span class=\"ws1a0\">g </span>cost<span class=\"ws19d\">s </span>t<span class=\"_ _2\"></span>ha<span class=\"ws1a1\">t </span>aris<span class=\"ws1a2\">e </span>fro<span class=\"ws1a3\">m </span>even<span class=\"ws1a4\">ts </span>th<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span><span class=\"ws19f\">t <span class=\"ws0\">hav<span class=\"ws1a2\">e </span>occurre<span class=\"ws1a5\">d </span>u<span class=\"ws1a6\">p <span class=\"ws1a7\">to </span></span>t<span class=\"ws1a8\">he </span>stateme<span class=\"ws1a9\">nt </span>o<span class=\"ws1a0\">f </span>financ<span class=\"_ _2\"></span>ial </span></span></span><span style=\"display:inherit;clear:left;\">positio<span class=\"wsee\">n </span>da<span class=\"ws152\">te </span>eve<span class=\"wsee\">n </span>i<span class=\"wsab\">f </span>the<span class=\"ws10b\">y <span class=\"ws15f\">have </span></span>no<span class=\"_ _2\"></span>t ye<span class=\"ws11a\">t </span>bee<span class=\"ws18b\">n </span>repor<span class=\"_ _2\"></span>te<span class=\"ws189\">d </span>t<span class=\"_ _0\"></span><span class=\"ws16b\">o <span class=\"ws0\">t<span class=\"ws1aa\">he </span>Group<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span></span></span><span style=\"display:inherit;clear:left;\">The Gro<span class=\"_ _0\"></span>up <span class=\"_ _0\"></span>recognises the <span class=\"_ _1\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>incurred<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>a <span class=\"_ _1\"></span>group <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>fulfil<span class=\"_ _2\"></span>ment </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_\"> </span>flows <span class=\"_ _17\"> </span>relating <span class=\"_ _17\"> </span>to <span class=\"_ _17\"> </span>incurred <span class=\"_\"> </span>claims. <span class=\"_ _17\"> </span>The <span class=\"_ _17\"> </span>future <span class=\"_ _17\"> </span>fulfilment <span class=\"_\"> </span>cash <span class=\"_ _17\"> </span>flows <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>discounted <span class=\"_\"> </span>(at <span class=\"_ _17\"> </span>current <span class=\"_ _17\"> </span>rates) <span class=\"_ _17\"> </span>and </span><span style=\"display:inherit;clear:left;\">adjusted <span class=\"_ _18\"> </span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>e<span class=\"ff67\">ff</span>ect <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>future<span class=\"ff67 ls23 ws1ab\"> <span class=\"ff68 ws0\">inflation<span class=\"ff67\">.<span class=\"ls74 ws1ac\"> </span></span></span></span>Fulfilment <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>flows <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>using <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>assessments <span class=\"_ _18\"></span>of <span class=\"_ _13\"></span>individual </span><span style=\"display:inherit;clear:left;\">cases <span class=\"_ _18\"> </span>reported <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>statistical <span class=\"_ _18\"></span>analyses <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>incurred <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>reported. <span class=\"_ _18\"> </span>The <span class=\"_ _14\"></span>provisions <span class=\"_ _14\"></span>include </span><span style=\"display:inherit;clear:left;\">claims handling costs.<span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Assumptio<span class=\"ws152\">ns </span>a<span class=\"ws1ad\">nd </span>interd<span class=\"_ _2\"></span>ependenc<span class=\"_ _2\"></span>ies<span class=\"fs1b ws156\"> </span></span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>aggrega<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>and the<span class=\"_ _2\"></span> evaluation o<span class=\"_ _2\"></span>f cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary<span class=\"_ _2\"></span> are signi<span class=\"_ _2\"></span>ficant assumptio<span class=\"_ _2\"></span>ns as <span class=\"_ _2\"></span>these d<span class=\"_ _2\"></span>efine the<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _14\"></span>premium <span class=\"_ _18\"> </span>allocation <span class=\"_ _18\"> </span>model\u2019s <span class=\"_ _18\"> </span>simplified <span class=\"_ _18\"> </span>measurement <span class=\"_ _18\"> </span>model. <span class=\"_ _18\"></span>Discounting <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>future <span class=\"_ _18\"> </span>inflation </span><span style=\"display:inherit;clear:left;\">a<span class=\"ff69\">ff</span>ects <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>particular <span class=\"_ _14\"></span>long <span class=\"_ _18\"></span>tailed <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>assessment <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>actual <span class=\"_ _14\"></span>claim <span class=\"_ _18\"> </span>takes <span class=\"_ _14\"></span>time. <span class=\"_ _18\"></span>This <span class=\"_ _14\"></span>is <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>case <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">claims in motor liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers\u2019 compensation, personal accident. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>incurred <span class=\"_ _16\"> </span>claims <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>determined <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>each <span class=\"_ _18\"> </span>line <span class=\"_ _16\"> </span>of <span class=\"_ _18\"></span>business <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _16\"> </span>actuarial <span class=\"_ _18\"> </span>methods. <span class=\"_ _18\"> </span>Expected <span class=\"_ _16\"> </span>cash  </span><span style=\"display:inherit;clear:left;\">flows <span class=\"_\"> </span>are <span class=\"_\"> </span>adjusted <span class=\"_ _17\"> </span>for <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>future <span class=\"_\"> </span>e<span class=\"ff6a\">ff</span>ect <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>inflation.<span class=\"_ _2\"></span><span class=\"ls75 ws1ae\"> </span>The <span class=\"_\"> </span>models <span class=\"_\"> </span>currently <span class=\"_ _17\"> </span>used <span class=\"_\"> </span>are <span class=\"_ _17\"> </span>Chain-Ladder<span class=\"_ _1\"></span>,<span class=\"_ _1\"></span><span class=\"ls45 ws1af\"> <span class=\"ls0 ws0\">Bornhuetter </span></span></span><span style=\"display:inherit;clear:left;\">Ferguson. In <span class=\"_ _2\"></span>some <span class=\"_ _1\"></span>instances, <span class=\"_ _0\"></span>historic <span class=\"_ _1\"></span>data <span class=\"_ _0\"></span>used <span class=\"_ _1\"></span>in <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>actuarial <span class=\"_ _0\"></span>models <span class=\"_ _1\"></span>need <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>be <span class=\"_ _1\"></span>supplemented <span class=\"_ _0\"></span>with <span class=\"_ _1\"></span>predictions for </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>development <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims. <span class=\"_ _13\"></span>This is <span class=\"_ _2\"></span>used <span class=\"_ _13\"></span>when there <span class=\"_ _13\"></span>are structural <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>underlying <span class=\"_ _2\"></span>insurance </span><span style=\"display:inherit;clear:left;\">risk. <span class=\"_ _13\"></span>In <span class=\"_ _13\"></span>this <span class=\"_ _13\"></span>situation, <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>historical <span class=\"_ _13\"></span>data <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>supplemented <span class=\"_ _13\"></span>with <span class=\"_ _14\"></span>an <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>priori <span class=\"_ _13\"></span>estimate <span class=\"_ _14\"></span>for <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>expected <span class=\"_ _14\"></span>change <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">level of claims. </span><span style=\"display:inherit;clear:left;\">Measu<span class=\"ws1b0\">rement, </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"wsc5\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act<span class=\"wsc2\">s </span>held </span><span style=\"display:inherit;clear:left;\">The Group applies the same principles to measure a group of reinsurance contracts and insurance contracts </span><span style=\"display:inherit;clear:left;\">issued, adapted where necessary to re<span class=\"_ _2\"></span>flect features that di<span class=\"_ _2\"></span><span class=\"ff6b\">ff</span>er from those of insurance contracts. <span class=\"_ _13\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The Liability for <span class=\"_ _0\"></span>remaining coverage <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>using the P<span class=\"_ _1\"></span>AA method<span class=\"_ _2\"></span>. The <span class=\"_ _0\"></span>reinsurance held have <span class=\"_ _0\"></span>a cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age period </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>one <span class=\"_ _2\"></span>ye<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>less. <span class=\"_ _2\"></span>For <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontracts w<span class=\"_ _2\"></span>here <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cov<span class=\"_ _0\"></span>erage p<span class=\"_ _2\"></span>erio<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>over <span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>yea<span class=\"ls76\">r</span>, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>coverage </span><span style=\"display:inherit;clear:left;\">will <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>deviate <span class=\"_ _1\"></span>signi<span class=\"_ _2\"></span>ficantly fr<span class=\"_ _0\"></span>om the <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _1\"></span>would have <span class=\"_ _1\"></span>bee<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>ar<span class=\"_ _2\"></span>rived <span class=\"_ _0\"></span>at <span class=\"_ _1\"></span>by applying <span class=\"_ _1\"></span>the gener<span class=\"_ _0\"></span>al <span class=\"_ _1\"></span>m<span class=\"_ _2\"></span>easurement </span><span style=\"display:inherit;clear:left;\">model<span class=\"_ _2\"></span> called GMM,<span class=\"_ _2\"></span> and therefore P<span class=\"_ _1\"></span>AA <span class=\"_ _2\"></span>will also be u<span class=\"_ _2\"></span>sed for these contracts. </span><span style=\"display:inherit;clear:left;\">I<span class=\"ws1a0\">f <span class=\"ws1b1\">a </span></span>loss-recover<span class=\"ws1b2\">y </span>co<span class=\"_ _2\"></span>mponen<span class=\"_ _2\"></span><span class=\"ws1b3\">t </span>i<span class=\"ws19d\">s </span>create<span class=\"ws1a5\">d </span>fo<span class=\"ws1b4\">r <span class=\"ws1b1\">a </span></span>grou<span class=\"ws1b5\">p </span>o<span class=\"ws1b6\">f </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"ws1a2\">e </span>contract<span class=\"ws1b7\">s </span>measure<span class=\"ws1b8\">d </span>und<span class=\"_ _2\"></span>e<span class=\"ws1b9\">r <span class=\"ws1ba\">the </span></span>P<span class=\"_ _1\"></span>AA<span class=\"_ _2\"></span><span class=\"ws1bb\">, </span>the<span class=\"ws1bc\">n <span class=\"ws1ba\">the </span></span>Group </span><span style=\"display:inherit;clear:left;\">adjust<span class=\"ws130\">s <span class=\"wsaf\">the </span></span>carr<span class=\"_ _2\"></span>ying amo<span class=\"_ _2\"></span>u<span class=\"ws1bd\">nt </span>of th<span class=\"wsba\">e </span>asse<span class=\"ws162\">t </span>fo<span class=\"ws1be\">r </span>r<span class=\"_ _0\"></span>emainin<span class=\"_ _2\"></span>g cover<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Discounting </span><span style=\"display:inherit;clear:left;\">Discounting <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>17 <span class=\"_ _2\"></span>involves <span class=\"_ _2\"></span>adjustin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cas<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>present <span class=\"_ _2\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>re\ufb02ec<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>me <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>one<span class=\"ls15\">y</span>. </span><span style=\"display:inherit;clear:left;\">Liability for i<span class=\"_ _2\"></span>ncurred claims is <span class=\"_ _2\"></span>discounted to re\ufb02ec<span class=\"_ _2\"></span>t the ti<span class=\"_ _2\"></span>me value of <span class=\"_ _2\"></span>money and<span class=\"_ _2\"></span> the associated financ<span class=\"_ _2\"></span>ial risks at the </span><span style=\"display:inherit;clear:left;\">reportin<span class=\"_ _2\"></span>g<span class=\"ls7a ws150\"> </span>date<span class=\"_ _0\"></span>.<span class=\"ls5c ws150\"> </span>Discount<span class=\"ls77 ws150\"> </span>rate<span class=\"ls78 ws14e\"> </span>re\ufb02ects<span class=\"ls78 wse1\"> </span>the<span class=\"ls6a ws173\"> </span>y<span class=\"_ _2\"></span>ield<span class=\"ls5c wse0\"> </span>cur<span class=\"_ _2\"></span>ve<span class=\"ls78 ws14e\"> </span>in<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 ws14e\"> </span>appropr<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>te<span class=\"ls78 ws14e\"> </span>currency<span class=\"ls44 ws150\"> </span>for<span class=\"ls7b ws150\"> </span>in<span class=\"_ _2\"></span>struments<span class=\"ls5c ws150\"> </span>that<span class=\"ls77 wse0\"> </span>expose<span class=\"ls3d ws1bf\"> </span>the </span><span style=\"display:inherit;clear:left;\">holde<span class=\"_ _2\"></span>r<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7d ws1c1\"> </span>no<span class=\"ls7c ws1c0\"> </span>or<span class=\"ls7c ws1c0\"> </span>negl<span class=\"_ _2\"></span>igible<span class=\"ls7c ws1c0\"> </span>credit<span class=\"ls7c ws1c2\"> </span>r<span class=\"_ _2\"></span>isk,<span class=\"ls7c ws1c0\"> </span>adjusted<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7c ws1c0\"> </span>re\ufb02ec<span class=\"_ _2\"></span>t<span class=\"ls7c ws1c0\"> </span>the<span class=\"ls6a ws12b\"> </span>liquidity<span class=\"ls7e ws1c1\"> </span>c<span class=\"_ _2\"></span>har<span class=\"_ _0\"></span>acteristics<span class=\"ls7c ws1c3\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls7f ws1c0\"> </span>payment<span class=\"_ _2\"></span><span class=\"ls7f ws1c2\"> </span>of<span class=\"ls7f ws1c0\"> </span>future<span class=\"ls7c ws1c0\"> </span>incurred </span><span style=\"display:inherit;clear:left;\">claims.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1c4\">e </span>EIOP<span class=\"_ _0\"></span><span class=\"wsab\">A <span class=\"ws0\">ris<span class=\"ws92\">k </span>fre<span class=\"ws1c5\">e </span>discou<span class=\"ws106\">nt </span>meet<span class=\"ws130\">s <span class=\"_ _2\"></span></span>thes<span class=\"ws141\">e </span>requiremen<span class=\"ws1c6\">ts <span class=\"ws9d\">and <span class=\"ws15f\">have </span></span></span>bee<span class=\"_ _2\"></span>n used. </span></span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Ris<span class=\"ws1c7\">k </span>Adjustm<span class=\"_ _2\"></span>ent </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>adjustment <span class=\"_ _13\"></span>represents <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>com<span class=\"_ _2\"></span>pensation <span class=\"_ _13\"></span>an <span class=\"_ _13\"></span>entity <span class=\"_ _13\"></span>requires <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>beari<span class=\"_ _2\"></span>ng <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>uncertaint<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>about <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>amount<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls78 ws14e\"> </span>tim<span class=\"_ _2\"></span>ing<span class=\"ls80 ws14e\"> </span>of<span class=\"ls81 ws14e\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls3d ws1bf\"> </span>cash<span class=\"ls78 ws14e\"> </span>\ufb02ows<span class=\"ls3d wsd3\"> </span>that<span class=\"_ _0\"></span><span class=\"ls82 ws14e\"> <span class=\"ls0 ws0\">arises<span class=\"ls3d wsd3\"> </span>from<span class=\"ls47 wsd3\"> </span>non-finan<span class=\"_ _2\"></span>cial</span><span class=\"ls78\"> <span class=\"ls0 ws0\">ri<span class=\"_ _2\"></span>sk<span class=\"ls3d ws1c8\"> </span>as<span class=\"ls3d wsd3\"> </span>the<span class=\"ls3d wsd3\"> </span>entity<span class=\"ls43 wsdf\"> </span>fulfi<span class=\"_ _2\"></span>ls</span><span class=\"wse1\"> <span class=\"ls0 ws0\">insur<span class=\"_ _0\"></span>ance<span class=\"ls3d wsd3\"> </span>contracts.<span class=\"ls3d wsd3\"> </span>The<span class=\"ls3d wsd3\"> </span>risk </span></span></span></span></span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _13\"></span>non-financia<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>(RA<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>re\ufb02<span class=\"_ _2\"></span>ects <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>compen<span class=\"_ _2\"></span>sation <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>equired<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>timing <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls7d ws1c1\"> </span>arising <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>non-fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>Sources<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>u<span class=\"_ _2\"></span>ncertaint<span class=\"_ _2\"></span>y <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">and timing of the cash \ufb02ows are link<span class=\"_ _0\"></span>ed to the determination of the LIC<span class=\"_ _0\"></span>, stat<span class=\"_ _0\"></span>ed above<span class=\"_ _0\"></span>, and the estimation of the fut<span class=\"_ _0\"></span>ure </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows, i.e<span class=\"_ _1\"></span>. w<span class=\"_ _2\"></span>hen the <span class=\"_ _2\"></span>claims payment<span class=\"_ _2\"></span>s tak<span class=\"_ _0\"></span>e plac<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">RA<span class=\"ls83 ws1c9\"> </span>is<span class=\"ls65 ws16f\"> </span>calculated<span class=\"ls65 ws16f\"> </span>on<span class=\"ls66 ws16f\"> </span>a <span class=\"_ _17\"> </span>group<span class=\"_ _2\"></span><span class=\"ls65 ws170\"> </span>level<span class=\"ls69 ws170\"> </span>for<span class=\"ls65 ws170\"> </span>the<span class=\"ls65 ws16f\"> </span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance<span class=\"ls65 ws170\"> </span>business.<span class=\"ls68 ws172\"> </span>A <span class=\"_\"> </span>cost<span class=\"ls65 ws16f\"> </span>of<span class=\"ls66 ws16f\"> </span>capital<span class=\"_ _2\"></span><span class=\"ls84 ws170\"> </span>approach<span class=\"ls65 ws16f\"> </span>is<span class=\"ls65 ws16f\"> </span>ch<span class=\"_ _2\"></span>osen,<span class=\"ls65 ws16f\"> </span>and<span class=\"ls68 ws1c9\"> </span>risk </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>osen <span class=\"_ _2\"></span>to represent <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>confid<span class=\"_ _2\"></span>ence <span class=\"_ _2\"></span>level <span class=\"_ _2\"></span>of 85 <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>cent<span class=\"_ _2\"></span>. <span class=\"_ _2\"></span>RA is <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>re<span class=\"_ _0\"></span>sented <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>full i<span class=\"_ _2\"></span>n the <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>serv<span class=\"_ _2\"></span>ice </span><span style=\"display:inherit;clear:left;\">result. </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Lev<span class=\"ws113\">el </span>o<span class=\"ws140\">f </span>Ag<span class=\"_ _2\"></span>greg<span class=\"_ _0\"></span>ation </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls85 ws1c9\"> </span>contracts<span class=\"ls85 ws1cd\"> </span>are<span class=\"ls57 ws14c\"> </span>aggregat<span class=\"_ _0\"></span>ed<span class=\"ls85 ws1cd\"> </span>into<span class=\"ls85 ws1cd\"> </span>p<span class=\"_ _2\"></span>ortfolios<span class=\"ls57 ws14c\"> </span>of<span class=\"ls86 ws1cd\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls85 ws1c9\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.<span class=\"ls57 ws14b\"> </span>A <span class=\"_\"> </span>portfolio<span class=\"ls85 ws1cd\"> </span>co<span class=\"_ _2\"></span>mprises<span class=\"ls57 ws14b\"> </span>of<span class=\"ls86 ws1cd\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>sim<span class=\"_ _2\"></span>ilar <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>managed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>togethe<span class=\"ls5a\">r</span>. <span class=\"_ _2\"></span>These <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ortfolios are <span class=\"_ _2\"></span>furt<span class=\"_ _2\"></span>her <span class=\"_ _2\"></span>div<span class=\"_ _2\"></span>ided <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>annual <span class=\"_ _2\"></span>cohorts, <span class=\"_ _2\"></span>i.e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ls87 ws1ce\"> </span>not<span class=\"ls88 ws174\"> </span>issued<span class=\"ls56 ws149\"> </span>more<span class=\"ls87 ws1ce\"> </span>than<span class=\"_ _2\"></span><span class=\"ls6d ws1ce\"> </span>one<span class=\"ls87 ws1ce\"> </span>year<span class=\"ls87 ws174\"> </span>apart<span class=\"ls56 ws149\"> </span>based<span class=\"ls58 ws14a\"> </span>in<span class=\"_ _2\"></span><span class=\"ls88 ws1ce\"> </span>a <span class=\"_ _17\"> </span>risk<span class=\"ls87 ws1ce\"> </span>basis.<span class=\"ls87 ws1ce\"> </span>P<span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>rtfolios<span class=\"ls87 ws174\"> </span>are<span class=\"ls89 ws1cf\"> </span>determined<span class=\"ls87 ws1ce\"> </span>based<span class=\"ls87 ws174\"> </span>on<span class=\"ls88 ws1ce\"> </span>a </span><span style=\"display:inherit;clear:left;\">segmentation <span class=\"_ _2\"></span>of business, o<span class=\"_ _2\"></span>r a c<span class=\"_ _2\"></span>ombination <span class=\"_ _2\"></span>of li<span class=\"_ _2\"></span>ne of <span class=\"_ _2\"></span>business (as d<span class=\"_ _2\"></span>efined <span class=\"_ _2\"></span>by the <span class=\"_ _2\"></span>management)<span class=\"_ _2\"></span>, business area <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">countr<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">No <span class=\"ws0\">materi<span class=\"wsbf\">al </span>onerou<span class=\"ws92\">s </span>contract<span class=\"ws145\">s <span class=\"ws1d0\">have </span></span>bee<span class=\"wsae\">n </span>id<span class=\"_ _2\"></span>entified<span class=\"wsfa\">. </span> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Separation </span><span style=\"display:inherit;clear:left;\">Contracts <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>transfer <span class=\"_ _0\"></span>a significant insurance <span class=\"_ _0\"></span>risk are <span class=\"_ _0\"></span>classified as insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts. Contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>by <span class=\"_ _0\"></span>the gro<span class=\"_ _0\"></span>up </span><span style=\"display:inherit;clear:left;\">under<span class=\"ls56 ws149\"> </span>wh<span class=\"_ _2\"></span>ich<span class=\"ls59 ws14a\"> </span>it<span class=\"ls57 ws14b\"> </span>transfers<span class=\"ls57 ws14b\"> </span>significant<span class=\"ls8a ws14c\"> </span>insurance<span class=\"ls56 ws149\"> </span>risk<span class=\"ls56 ws149\"> </span>related<span class=\"ls56 ws149\"> </span>to<span class=\"ls56 ws149\"> </span>underly<span class=\"_ _2\"></span>ing<span class=\"ls8b ws14b\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nce<span class=\"ls56 ws14a\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls56 ws149\"> </span>as </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>p <span class=\"_ _2\"></span>issues <span class=\"_ _13\"></span>certain <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>life <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>policies, <span class=\"_ _13\"></span>which <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>cluded <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>art, <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>separa<span class=\"_ _0\"></span>te <span class=\"_ _13\"></span>unit </span><span style=\"display:inherit;clear:left;\">linked<span class=\"ls8c ws1d1\"> </span>saving<span class=\"ls8d ws96\"> </span>part.<span class=\"ls36 wsd1\"> </span>Using<span class=\"ls8d ws96\"> </span>the<span class=\"ls2a ws96\"> </span>p<span class=\"_ _2\"></span>rinciples<span class=\"ls36 wsd1\"> </span>for<span class=\"ls8c ws1d1\"> </span>separa<span class=\"_ _0\"></span>tion,<span class=\"ls2a ws96\"> </span>these<span class=\"ls2a ws96\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts<span class=\"ls2a ws96\"> </span>are<span class=\"ls36 wsd1\"> </span>split<span class=\"ls2a ws96\"> </span>into<span class=\"ls2a ws96\"> </span>a <span class=\"_ _18\"></span>savings<span class=\"ls36 wsd1\"> </span>and<span class=\"ls2a ws96\"> </span>an<span class=\"ls2a ws96\"> </span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce </span><span style=\"display:inherit;clear:left;\">compo<span class=\"_ _2\"></span>nent. The <span class=\"_ _1\"></span>sav<span class=\"_ _2\"></span>ings <span class=\"_ _0\"></span>component <span class=\"_ _0\"></span>is v<span class=\"_ _0\"></span>alued using <span class=\"_ _1\"></span>I<span class=\"_ _2\"></span>FRS 9, <span class=\"_ _1\"></span>b<span class=\"_ _2\"></span>ecause <span class=\"_ _0\"></span>the inv<span class=\"_ _0\"></span>estment risk <span class=\"_ _1\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>borne by <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>policyholde<span class=\"ls5a\">r</span>, </span><span style=\"display:inherit;clear:left;\">and it is <span class=\"_ _2\"></span>distinct<span class=\"_ _2\"></span> from the insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e ris<span class=\"_ _2\"></span>k. The insurance compo<span class=\"_ _2\"></span>nent is valued <span class=\"_ _2\"></span>using IF<span class=\"_ _2\"></span>RS17. </span><span style=\"display:inherit;clear:left;\">Thes<span class=\"ws1d2\">e </span>princ<span class=\"_ _2\"></span>iple<span class=\"ws1d3\">s </span>ensur<span class=\"ws1d4\">e </span>tha<span class=\"ws1d5\">t </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span><span class=\"ws1d6\">e </span>contrac<span class=\"ws1d7\">ts <span class=\"ws7b\">are </span></span>measure<span class=\"wse\">d </span>accur<span class=\"_ _0\"></span>atel<span class=\"ls10\">y</span><span class=\"ws1d8\">, </span>tr<span class=\"_ _0\"></span>ansparentl<span class=\"_ _2\"></span><span class=\"ls65\">y</span><span class=\"ws1d9\">, <span class=\"ws1da\">and </span></span>i<span class=\"ws1db\">n <span class=\"ws1dc\">a </span></span>manne<span class=\"ws1dd\">r </span>that </span><span style=\"display:inherit;clear:left;\">re\ufb02ect<span class=\"ws145\">s <span class=\"_ _2\"></span></span>th<span class=\"ws1cc\">e </span>economi<span class=\"ws126\">c </span>realit<span class=\"ws1de\">y </span>of t<span class=\"_ _2\"></span><span class=\"ws113\">he </span>underly<span class=\"_ _2\"></span>ing risk<span class=\"ws92\">s <span class=\"wsb2\">and </span></span>cas<span class=\"wsae\">h </span>\ufb02ows<span class=\"wsac\">. </span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>ac<span class=\"_ _2\"></span>quisition cost </span><span style=\"display:inherit;clear:left;\">Al<span class=\"ws1e0\">l </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws1e1\">e </span>acquisit<span class=\"_ _2\"></span>io<span class=\"ws1e2\">n </span>cost<span class=\"ws1e3\">s </span>ar<span class=\"ws1e1\">e </span>re<span class=\"_ _0\"></span>cognize<span class=\"ws2b\">d </span>immed<span class=\"_ _2\"></span>iate<span class=\"_ _0\"></span>l<span class=\"ws158\">y </span>i<span class=\"ws1e4\">n <span class=\"ws1e5\">the </span></span>statemen<span class=\"ws1e6\">t </span>o<span class=\"ws1e6\">f </span>profi<span class=\"ws1e7\">t </span>o<span class=\"ws1e8\">r </span>los<span class=\"ws1e9\">s <span class=\"ws1ea\">as <span class=\"ws1eb\">an </span></span></span>expens<span class=\"ws1e1\">e </span>i<span class=\"ws1ec\">n </span>the </span><span style=\"display:inherit;clear:left;\">perio<span class=\"wsb6\">d </span>i<span class=\"_ _2\"></span><span class=\"ws16b\">n </span>whic<span class=\"ws16b\">h </span>the<span class=\"ws1ed\">y </span>ar<span class=\"ws1ee\">e </span>incurre<span class=\"wsb6\">d <span class=\"ws163\">and <span class=\"ws15b\">are </span></span></span>r<span class=\"_ _0\"></span>ecognise<span class=\"ws146\">d </span>unde<span class=\"ws1ef\">r </span>insuranc<span class=\"ws143\">e </span>servi<span class=\"_ _2\"></span>c<span class=\"ws143\">e </span>expens<span class=\"ws143\">e </span>i<span class=\"wsec\">n <span class=\"wsae\">the </span></span>Inco<span class=\"_ _2\"></span>m<span class=\"ws1f0\">e </span>sta<span class=\"_ _0\"></span>temen<span class=\"ws127\">t. </span> </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>contr<span class=\"_ _0\"></span>act<span class=\"ws114\">s </span>held </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1f1\">e </span>Grou<span class=\"ws1f2\">p </span>enter<span class=\"ws183\">s </span>int<span class=\"ws17c\">o </span>reinsuranc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>wit<span class=\"ws1f3\">h </span>t<span class=\"ws1f4\">he <span class=\"_ _2\"></span></span>purpos<span class=\"ws1f1\">e </span>o<span class=\"ws1f5\">f </span>mitigatin<span class=\"ws41\">g </span>it<span class=\"_ _2\"></span><span class=\"ws183\">s </span>risk<span class=\"ws1f6\">. </span>Rei<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>anc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>he<span class=\"ws1f7\">ld </span>are </span><span style=\"display:inherit;clear:left;\">eithe<span class=\"ws164\">r </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>portio<span class=\"_ _2\"></span><span class=\"ws12d\">nal </span>o<span class=\"ws1f8\">r </span>cove<span class=\"ws1ef\">r </span>th<span class=\"ws1ee\">e </span>total ris<span class=\"ws1ee\">k </span>i<span class=\"ws25\">f <span class=\"wsc2\">the </span></span>los<span class=\"ws145\">s </span>fro<span class=\"ws10c\">m <span class=\"wsc8\">a </span></span>clai<span class=\"ws140\">m </span>eve<span class=\"wsc5\">nt </span>exceed<span class=\"ws92\">s <span class=\"wsc2\">the </span></span>pre-agree<span class=\"ws106\">d </span>claim amount<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Premium <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>reinsurance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>ar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>reinsurance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>einsurers <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>eld <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>claims </span><span style=\"display:inherit;clear:left;\">received.<span class=\"ls8e ws1c1\"> </span>Th<span class=\"_ _2\"></span>ese<span class=\"ls8e ws1f9\"> </span>consists<span class=\"ls8e ws1f9\"> </span>of <span class=\"_ _13\"></span>claims<span class=\"ls8e ws1f9\"> </span>on <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue<span class=\"ls8e ws1c1\"> </span>to<span class=\"ls8e ws1f9\"> </span>their<span class=\"ls8e ws1f9\"> </span>share<span class=\"ls8e ws1f9\"> </span>of<span class=\"ls7e ws1f9\"> </span>the<span class=\"ls8e ws1c1\"> </span>claims <span class=\"_ _13\"></span>provision.<span class=\"_ _2\"></span><span class=\"ls8e ws1c1\"> </span>The<span class=\"ls8e ws1c1\"> </span>Group <span class=\"_ _13\"></span>applies<span class=\"ls8e ws1f9\"> </span>the </span><span style=\"display:inherit;clear:left;\">same <span class=\"_ _17\"> </span>accounting <span class=\"_ _15\"> </span>policies <span class=\"_ _17\"> </span>to <span class=\"_ _1c\"> </span>measure <span class=\"_ _1c\"> </span>a <span class=\"_ _1c\"> </span>group <span class=\"_ _17\"> </span>of <span class=\"_ _1c\"> </span>reinsurance <span class=\"_ _1c\"> </span>contracts, <span class=\"_ _1c\"> </span>adapted <span class=\"_ _1c\"> </span>where <span class=\"_ _1c\"> </span>necessary <span class=\"_ _1c\"> </span>to <span class=\"_ _1c\"> </span>reflect </span><span style=\"display:inherit;clear:left;\">features that di<span class=\"ff6c\">ff</span>er from those of insurance contracts.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for no<span class=\"_ _2\"></span>n-financial <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>for reinsurance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> using <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>milar st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tistical <span class=\"_ _2\"></span>model<span class=\"_ _2\"></span>s as f<span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls44 ws14f\"> </span>insurance<span class=\"ls19 ws14f\"> </span>contract<span class=\"ls44 ws14f\"> </span>so<span class=\"ls19 ws150\"> </span>that<span class=\"ls44 ws150\"> </span>it<span class=\"ls5c ws14f\"> </span>represents<span class=\"ls19 ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>amount<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls44 ws14f\"> </span>risk<span class=\"ls5b ws14d\"> </span>be<span class=\"_ _2\"></span>ing<span class=\"ls8f ws150\"> </span>transferred<span class=\"ls5c ws150\"> </span>by<span class=\"ls19 ws14f\"> <span class=\"_ _2\"></span></span>the<span class=\"ls5c ws150\"> </span>hold<span class=\"_ _2\"></span>er<span class=\"ls19 ws14f\"> </span>of<span class=\"ls44 ws14f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls5b ws14e\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls19 ws14f\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts to the<span class=\"_ _2\"></span> issuer of those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws10b\">t </span>financ<span class=\"wsec\">e </span>expense<span class=\"ws114\">s </span>from insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>contracts </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _13\"></span>finance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts <span class=\"_ _13\"></span>comprise <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>finance <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>recognised </span><span style=\"display:inherit;clear:left;\">in <span class=\"_ _13\"></span>profit <span class=\"_ _13\"></span>or <span class=\"_ _14\"></span>loss <span class=\"_ _13\"></span>during <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>period <span class=\"_ _14\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _14\"></span>with <span class=\"_ _13\"></span>IFRS <span class=\"_ _14\"></span>17 <span class=\"_ _13\"></span><span class=\"ff11\">Insurance <span class=\"_ _14\"></span>Contracts</span>. <span class=\"_ _13\"></span>These <span class=\"_ _14\"></span>amounts <span class=\"_ _13\"></span>arise <span class=\"_ _14\"></span>from <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">e<span class=\"ff6d\">ff</span>ect of the time value of money and financial risk related to insurance contracts issued. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls90 ws199\"> </span>finance<span class=\"ls90 ws1fa\"> </span>inc<span class=\"_ _2\"></span>ome<span class=\"ls91 ws1fb\"> </span>and<span class=\"ls90 ws199\"> </span>expenses<span class=\"ls4e ws110\"> </span>include<span class=\"ls90 ws199\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls90 ws1fa\"> </span>unwinding<span class=\"ls73 ws1fa\"> </span>of<span class=\"ls92 ws199\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls92 ws1fa\"> </span>ra<span class=\"_ _0\"></span>tes<span class=\"ls90 ws1fa\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls90 ws199\"> </span>to<span class=\"ls90 ws1fa\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls90 ws199\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _1\"></span>ac<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impact <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>assumpti<span class=\"_ _2\"></span>ons <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Finance <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>come <span class=\"_ _13\"></span>and </span><span style=\"display:inherit;clear:left;\">expenses<span class=\"ls2a ws96\"> </span>are<span class=\"ls2a ws96\"> </span>determined<span class=\"_ _2\"></span><span class=\"ls8c ws1d1\"> </span>using<span class=\"ls93 ws1d1\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls36 wsd2\"> </span>discount<span class=\"ls36 wsd1\"> </span>rates<span class=\"ls2a ws96\"> </span>applied<span class=\"ls2a wsd1\"> </span>on<span class=\"_ _2\"></span><span class=\"ls46 wsd1\"> </span>initial<span class=\"ls94 ws96\"> </span>recognition<span class=\"_ _2\"></span><span class=\"ls8c wsd3\"> </span>of<span class=\"ls8c ws1d1\"> </span>the<span class=\"ls2a ws96\"> </span>insurance<span class=\"ls2a ws96\"> </span>contracts<span class=\"ls2a ws96\"> </span>and, </span><span style=\"display:inherit;clear:left;\">where app<span class=\"_ _2\"></span>licable<span class=\"_ _0\"></span>, updated discount rates re\ufb02ecting current m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws1be\">t </span>financ<span class=\"ws1cc\">e </span>expense<span class=\"ws145\">s </span>from insuranc<span class=\"ws13f\">e </span>contrac<span class=\"ws161\">ts </span>ar<span class=\"ws13f\">e </span>pr<span class=\"_ _0\"></span>esente<span class=\"ws146\">d </span>withi<span class=\"wsc8\">n </span>ne<span class=\"wsc8\">t </span>financial inc<span class=\"_ _2\"></span>ome/<span class=\"_ _1\"></span>expens<span class=\"ws143\">e </span>i<span class=\"ws16b\">n </span>t<span class=\"ws113\">he </span>statement </span><span style=\"display:inherit;clear:left;\">o<span class=\"wsc8\">f </span>profit or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s.</span><span style=\"display:inherit;clear:left;\">39.20 Pro<span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>isions<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _14\"></span>recognised <span class=\"_ _18\"></span>when <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>has <span class=\"_ _18\"></span>a <span class=\"_ _14\"></span>legal <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _14\"></span>constr<span class=\"_ _2\"></span>uctive <span class=\"_ _14\"></span>obligation <span class=\"_ _14\"></span>due <span class=\"_ _18\"> </span>to <span class=\"_ _14\"></span>a <span class=\"_ _18\"> </span>past <span class=\"_ _14\"></span>event, <span class=\"_ _18\"> </span>payment <span class=\"_ _14\"></span>is </span><span style=\"display:inherit;clear:left;\">probable<span class=\"_ _0\"></span>, and the <span class=\"_ _2\"></span>amount of the obl<span class=\"_ _2\"></span>igation can be reliably determined. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _18\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>best <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>ossible <span class=\"_ _14\"></span>estimation <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>l<span class=\"_ _2\"></span>iability <span class=\"_ _18\"> </span>at <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>reporting <span class=\"_ _18\"> </span>date<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>If <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount of the provision is based<span class=\"_ _2\"></span> on estimated future cash \ufb02ow<span class=\"_ _0\"></span>s, it is recognised at present value<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">If the p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>vision is recoverabl<span class=\"_ _0\"></span>e from a third party<span class=\"_ _1\"></span>, the recover<span class=\"_ _0\"></span>able amount is recognise<span class=\"_ _2\"></span>d as an asset.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__123": {
   "value": "<span style=\"display:inherit;clear:left;\">39.7 Insur<span class=\"_ _1\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">The Group issues contr<span class=\"_ _0\"></span>acts that transf<span class=\"_ _0\"></span>er both financ<span class=\"_ _2\"></span>ial and insurance risk from its customers to the Group<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Definition of insurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>are <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hich <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>agrees, <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>contr<span class=\"_ _0\"></span>act, <span class=\"_ _13\"></span>to </span><span style=\"display:inherit;clear:left;\">compensate the po<span class=\"_ _2\"></span>licyholder for financial loss incurred due to an insured event. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>insured event <span class=\"_ _2\"></span>is uncerta<span class=\"_ _2\"></span>in, it<span class=\"_ _2\"></span> is no<span class=\"_ _2\"></span>t known <span class=\"_ _2\"></span>if or<span class=\"_ _2\"></span> when <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>occurs<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>and generally its <span class=\"_ _2\"></span>financial c<span class=\"_ _2\"></span>onsequences are <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">known beforehand. </span><span style=\"display:inherit;clear:left;\">Classification of insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntract<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>ance cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts are clas<span class=\"_ _0\"></span>sified into categories based on the nature of the insured risk, life insurance and non-life </span><span style=\"display:inherit;clear:left;\">insur<span class=\"_ _0\"></span>ance with non-life insur<span class=\"_ _0\"></span>ance contracts <span class=\"_ _0\"></span>consisting of liabili<span class=\"_ _2\"></span>ty insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts, <span class=\"_ _0\"></span>accide<span class=\"_ _2\"></span>nt insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts </span><span style=\"display:inherit;clear:left;\">and property insurance contracts,<span class=\"_ _0\"></span> includin<span class=\"_ _2\"></span>g marine and cargo insur<span class=\"_ _0\"></span>ance contracts. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>rotect <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>customer <span class=\"_ _13\"></span>from <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>causing <span class=\"_ _13\"></span>harm <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>third <span class=\"_ _2\"></span>parties <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>result <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>their </span><span style=\"display:inherit;clear:left;\">legitimate <span class=\"_ _2\"></span>activities. <span class=\"_ _2\"></span>Ac<span class=\"_ _2\"></span>cident <span class=\"_ _13\"></span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>comp<span class=\"_ _2\"></span>ensate <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>insured <span class=\"_ _13\"></span>own <span class=\"_ _2\"></span>bodily <span class=\"_ _13\"></span>injuries <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>acc<span class=\"_ _2\"></span>ordance <span class=\"_ _2\"></span>with </span><span style=\"display:inherit;clear:left;\">contractual pro<span class=\"_ _0\"></span>visions. </span><span style=\"display:inherit;clear:left;\">Property insur<span class=\"_ _0\"></span>ance co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts compensate the Group's customers for damage to or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s of propert<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>. <span class=\"_ _2\"></span>Customers that </span><span style=\"display:inherit;clear:left;\">carry <span class=\"_\"> </span>on <span class=\"_ _18\"> </span>c<span class=\"_ _2\"></span>ommercial <span class=\"_ _16\"> </span>activities <span class=\"_ _16\"> </span>may <span class=\"_ _16\"> </span>also <span class=\"_ _18\"> </span>b<span class=\"_ _2\"></span>e <span class=\"_ _16\"> </span>entitled<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>compensation <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>a <span class=\"_\"> </span>los<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>of <span class=\"_\"> </span>earning<span class=\"_ _0\"></span>s <span class=\"_ _16\"> </span>if <span class=\"_ _16\"> </span>their <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _18\"> </span>is </span><span style=\"display:inherit;clear:left;\">curtailed or<span class=\"_ _2\"></span> tempor<span class=\"_ _0\"></span>arily suspend<span class=\"_ _2\"></span>ed due to damage to the in<span class=\"_ _2\"></span>sured property<span class=\"_ _3\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Life <span class=\"_ _1\"></span>insurance <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>acts <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>human life<span class=\"_ _1\"></span>, <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>instanc<span class=\"_ _2\"></span>e <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>eath <span class=\"_ _1\"></span>or <span class=\"_ _0\"></span>living <span class=\"_ _0\"></span>beyond <span class=\"_ _1\"></span>the <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>period. <span class=\"_ _0\"></span>Premiums </span><span style=\"display:inherit;clear:left;\">are recognized as revenue over the life of the contract. Compensation is expensed when<span class=\"_ _2\"></span> an insured event oc<span class=\"_ _2\"></span>curs<span class=\"_ _1\"></span>.<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">Within <span class=\"_ _2\"></span>eac<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>ca<span class=\"_ _0\"></span>tegory<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>asses<span class=\"_ _0\"></span>sed <span class=\"_ _2\"></span>whether<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>contracts <span class=\"_ _2\"></span>can <span class=\"_ _2\"></span>become <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>nerous<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>assumption <span class=\"_ _2\"></span>that<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pricing </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>under<span class=\"_ _2\"></span>lying <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>lead <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>dur<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>period. <span class=\"_ _13\"></span>If <span class=\"_ _2\"></span>a c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>proves to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>onero<span class=\"_ _2\"></span>us<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>loss<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>from <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>an <span class=\"_ _1\"></span>expense thro<span class=\"_ _0\"></span>ugh <span class=\"_ _0\"></span>profit <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _1\"></span>loss. <span class=\"_ _0\"></span>No <span class=\"_ _1\"></span>groups <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _0\"></span>agreements <span class=\"_ _0\"></span>have </span><span style=\"display:inherit;clear:left;\">been id<span class=\"_ _2\"></span>entified at the Group that are considered on<span class=\"_ _2\"></span>erou<span class=\"_ _0\"></span>s. </span><span style=\"display:inherit;clear:left;\">Contract boundaries </span><span style=\"display:inherit;clear:left;\">Contr<span class=\"_ _0\"></span>act <span class=\"_ _2\"></span>boundar<span class=\"_ _2\"></span>ies d<span class=\"_ _2\"></span>efine <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>within<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>boundary<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>each <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>contract. <span class=\"_ _2\"></span>The <span class=\"_ _2\"></span>measurement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">group <span class=\"_ _1\"></span>of <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance <span class=\"_ _0\"></span>contracts <span class=\"_ _1\"></span>includes <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>future<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _1\"></span>\ufb02ows <span class=\"_ _0\"></span>arising <span class=\"_ _1\"></span>wit<span class=\"_ _2\"></span>hin <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>act <span class=\"_ _1\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span>In <span class=\"_ _0\"></span>determinin<span class=\"_ _2\"></span>g <span class=\"_ _1\"></span>wh<span class=\"_ _2\"></span>ich </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_ _0\"></span>\ufb02ows <span class=\"_ _1\"></span>fall <span class=\"_ _1\"></span>w<span class=\"_ _2\"></span>ithin <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>act <span class=\"_ _0\"></span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, substantive <span class=\"_ _1\"></span>right<span class=\"_ _2\"></span>s <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>obligations <span class=\"_ _0\"></span>arising <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>the terms <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>the contract, </span><span style=\"display:inherit;clear:left;\">together with <span class=\"_ _2\"></span>applicable laws and regulations, are considered.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _16\"> </span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts <span class=\"_ _18\"> </span>have <span class=\"_\"> </span>a <span class=\"_ _18\"></span>les<span class=\"_ _0\"></span>s <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>han <span class=\"_ _18\"> </span>one<span class=\"_ _2\"></span>-year <span class=\"_ _18\"> </span>contract <span class=\"_ _18\"> </span>boundar<span class=\"_ _2\"></span>y<span class=\"_ _3\"></span>, <span class=\"_\"> </span>typically <span class=\"_ _18\"> </span>until <span class=\"_\"> </span>the <span class=\"_ _18\"> </span>next <span class=\"_ _18\"> </span>renewal <span class=\"_ _16\"> </span>date<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contract has one-year cover<span class=\"_ _0\"></span>age perio<span class=\"_ _2\"></span>d during which <span class=\"_ _2\"></span>ther<span class=\"_ _0\"></span>e are substantive rights and obligations. </span><span style=\"display:inherit;clear:left;\">The group uses the same prin<span class=\"_ _2\"></span>ciples for the contract boundaries of reinsur<span class=\"_ _0\"></span>ance contracts held. </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws16e\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>ac<span class=\"ws106\">t </span>l<span class=\"_ _2\"></span>iabilities </span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>remaining cov<span class=\"_ _2\"></span>er<span class=\"_ _0\"></span>age: </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls65 ws16f\"> </span>Group<span class=\"ls65 ws16f\"> </span>uses<span class=\"ls65 ws16f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls65 ws170\"> </span>premi<span class=\"_ _2\"></span>um<span class=\"ls65 ws170\"> </span>allocation<span class=\"ls65 ws170\"> </span>approach<span class=\"ls66 ws16f\"> </span>(PAA)<span class=\"ls65 ws171\"> </span>to<span class=\"ls65 ws16f\"> </span>simplif<span class=\"_ _2\"></span>y<span class=\"_ _2\"></span><span class=\"ls67 ws16f\"> </span>the<span class=\"ls68 ws172\"> </span>measuremen<span class=\"_ _2\"></span>t<span class=\"ls69 ws16f\"> </span>of<span class=\"_ _2\"></span><span class=\"ls66 ws16f\"> </span>groups<span class=\"ls65 ws16f\"> </span>of<span class=\"ls65 ws170\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts. <span class=\"_ _0\"></span>On <span class=\"_ _0\"></span>initial <span class=\"_ _0\"></span>recognition of <span class=\"_ _1\"></span>eac<span class=\"_ _2\"></span>h gr<span class=\"_ _0\"></span>oup <span class=\"_ _1\"></span>of contracts<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>liability<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>remaining cov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge </span><span style=\"display:inherit;clear:left;\">is measured <span class=\"_ _2\"></span>as the premium<span class=\"_ _2\"></span>s received <span class=\"_ _2\"></span>on initial recogni<span class=\"_ _2\"></span>tion.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The<span class=\"ls6a ws173\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls6a ws12c\"> </span>contracts<span class=\"ls6a ws173\"> </span>issued<span class=\"ls6a ws173\"> </span>by<span class=\"ls6a ws173\"> </span>the<span class=\"ls5c ws150\"> </span>group<span class=\"ls4f ws173\"> </span>have<span class=\"ls5c ws150\"> </span>a <span class=\"_ _14\"></span>cover<span class=\"_ _0\"></span>age<span class=\"ls6a ws173\"> </span>per<span class=\"_ _2\"></span>iod<span class=\"ls6a ws173\"> </span>of<span class=\"lsd ws173\"> </span>o<span class=\"_ _2\"></span>ne<span class=\"ls6a ws12c\"> </span>year<span class=\"ls6a ws12b\"> </span>or<span class=\"ls42 wsde\"> </span>les<span class=\"_ _0\"></span>s.<span class=\"ls6a ws12b\"> </span>For<span class=\"ls6a ws173\"> </span>contracts<span class=\"ls6a ws12b\"> </span>where<span class=\"ls42 wse0\"> </span>the </span><span style=\"display:inherit;clear:left;\">cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>perio<span class=\"_ _2\"></span>d<span class=\"ls58 ws175\"> </span>is<span class=\"ls58 ws176\"> </span>over<span class=\"ls6b ws177\"> </span>on<span class=\"_ _2\"></span>e<span class=\"ls6b ws174\"> </span>yea<span class=\"ls1d\">r</span>,<span class=\"ls6b ws174\"> </span>it<span class=\"ls6b ws178\"> </span>is<span class=\"ls6b ws174\"> </span>calc<span class=\"_ _2\"></span>ulated<span class=\"ls58 ws14a\"> </span>that<span class=\"ls6b ws174\"> </span>the<span class=\"_ _2\"></span><span class=\"ls6b ws177\"> </span>obligation<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>for<span class=\"ls6d ws174\"> </span>remaining<span class=\"ls6e ws14a\"> </span>cover<span class=\"_ _0\"></span>age<span class=\"ls6b ws174\"> </span>will<span class=\"ls6f ws177\"> </span>not<span class=\"_ _2\"></span><span class=\"ls6c ws174\"> </span>deviate </span><span style=\"display:inherit;clear:left;\">significantl<span class=\"_ _2\"></span>y from <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>bligati<span class=\"_ _0\"></span>on <span class=\"_ _2\"></span>that would have <span class=\"_ _2\"></span>been ar<span class=\"_ _2\"></span>rived at by app<span class=\"_ _2\"></span>lying the<span class=\"_ _2\"></span> gener<span class=\"_ _0\"></span>al me<span class=\"_ _2\"></span>asurement mod<span class=\"_ _2\"></span>el called </span><span style=\"display:inherit;clear:left;\">GMM, and<span class=\"_ _2\"></span> therefore P<span class=\"_ _1\"></span>AA w<span class=\"_ _2\"></span>ill also be used<span class=\"_ _2\"></span> for these cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws179\">e </span>Grou<span class=\"ws17a\">p <span class=\"ws17b\">has </span></span>chose<span class=\"ws17c\">n </span>t<span class=\"ws17d\">o </span>expens<span class=\"ws17e\">e </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws17f\">e </span>ac<span class=\"_ _2\"></span>quisitio<span class=\"ws52\">n <span class=\"_ _2\"></span></span>cas<span class=\"ws180\">h </span>\ufb02ow<span class=\"ws181\">s </span>whe<span class=\"ws17c\">n </span>the<span class=\"ws182\">y </span>ar<span class=\"ws183\">e </span>incurred<span class=\"ws184\">. </span>T<span class=\"ws185\">he </span>cover<span class=\"_ _0\"></span>ag<span class=\"ws17f\">e </span>per<span class=\"_ _2\"></span>io<span class=\"ws186\">d </span>is </span><span style=\"display:inherit;clear:left;\">defin<span class=\"_ _2\"></span>e<span class=\"wsb0\">d <span class=\"wsfe\">as </span></span>th<span class=\"ws187\">e </span>per<span class=\"_ _2\"></span>io<span class=\"wsb0\">d </span>whe<span class=\"ws188\">n <span class=\"ws106\">an </span></span>insure<span class=\"ws189\">d </span>even<span class=\"ws162\">t </span>ca<span class=\"wsee\">n </span>occu<span class=\"ls2c\">r</span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Subsequent<span class=\"_ _2\"></span>l<span class=\"ls15\">y</span><span class=\"ws18a\">, </span>t<span class=\"ws152\">he </span>carr<span class=\"_ _2\"></span>yi<span class=\"ws101\">ng </span>amoun<span class=\"ws18b\">t </span>of the liabilit<span class=\"_ _2\"></span><span class=\"ws18c\">y </span>fo<span class=\"ws18d\">r </span>remainin<span class=\"wsfb\">g </span>cover<span class=\"ws18e\">age </span>i<span class=\"ws18f\">s </span>increase<span class=\"ws101\">d </span>b<span class=\"ws190\">y </span>an<span class=\"ws191\">y </span>premium<span class=\"ws192\">s </span>rec<span class=\"_ _2\"></span>eive<span class=\"ws193\">d </span>and </span><span style=\"display:inherit;clear:left;\">decrease<span class=\"_ _2\"></span><span class=\"wsb0\">d </span>b<span class=\"_ _0\"></span><span class=\"ws10b\">y <span class=\"wsb6\">the <span class=\"ws0\">amou<span class=\"ws106\">nt </span>recognise<span class=\"ws194\">d <span class=\"ws195\">as </span></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>c<span class=\"ws141\">e </span>revenu<span class=\"wsee\">e </span>fo<span class=\"ws10c\">r </span>serv<span class=\"_ _2\"></span>ice<span class=\"ws130\">s </span>provided. <span class=\"fs1b\"> </span></span></span></span></span><span style=\"display:inherit;clear:left;\">Ser<span class=\"_ _2\"></span>vice<span class=\"ws196\">s </span>i<span class=\"ws197\">s <span class=\"_ _2\"></span></span>usuall<span class=\"ws153\">y </span>provide<span class=\"wsff\">d </span>base<span class=\"wsb0\">d </span>o<span class=\"wsc5\">n </span>pass<span class=\"ws198\">age </span>of time. </span><span style=\"display:inherit;clear:left;\">If a<span class=\"_ _0\"></span>t any <span class=\"_ _0\"></span>time during<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>the cover<span class=\"_ _0\"></span>age period, f<span class=\"_ _0\"></span>acts and circumstances indicate that a <span class=\"_ _0\"></span>group of <span class=\"_ _0\"></span>contracts is <span class=\"_ _0\"></span>onerous, then </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnises <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>loss <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>profit <span class=\"_ _13\"></span>or loss <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ncreases <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>iability <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remaining <span class=\"_ _13\"></span>cover<span class=\"_ _1\"></span>age<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>extent <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>at t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">current <span class=\"_ _2\"></span>estimates <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ful<span class=\"_ _2\"></span>filment <span class=\"_ _13\"></span>cash <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>that <span class=\"_ _13\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _13\"></span>remaining <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>over<span class=\"_ _0\"></span>age <span class=\"_ _2\"></span>exceed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>carrying<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>amount <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">liability<span class=\"_ _2\"></span> for remaining c<span class=\"_ _2\"></span>ov<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Liabilit<span class=\"ws78\">y </span>fo<span class=\"wsb0\">r </span>incur<span class=\"_ _2\"></span>re<span class=\"wsc6\">d </span>c<span class=\"_ _0\"></span>laim<span class=\"_ _2\"></span>s: </span><span style=\"display:inherit;clear:left;\">Liability for <span class=\"_ _1\"></span>In<span class=\"_ _2\"></span>curred <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured as <span class=\"_ _1\"></span>the total <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>expected <span class=\"_ _0\"></span>fulfilment<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cash <span class=\"_ _0\"></span>\ufb02ow<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>which comprise estimate<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">of<span class=\"ls70 ws199\"> </span>future<span class=\"ls71 ws10f\"> </span>cash<span class=\"ls70 ws19a\"> </span>\ufb02ows,<span class=\"ls71 ws10f\"> </span>adjusted<span class=\"_ _2\"></span><span class=\"ls72 ws199\"> </span>to<span class=\"ls72 ws19b\"> </span>re\ufb02ect<span class=\"ls72 ws199\"> </span>the<span class=\"_ _2\"></span><span class=\"ls72 ws19a\"> </span>time<span class=\"ls72 ws199\"> </span>value<span class=\"ls71 ws19c\"> </span>of<span class=\"ls70 ws199\"> </span>m<span class=\"_ _2\"></span>oney<span class=\"ls71 ws10f\"> </span>and<span class=\"ls72 ws199\"> </span>the<span class=\"ls71 ws19c\"> </span>associated<span class=\"ls72 ws199\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"ls73 ws199\"> </span>risks,<span class=\"ls71 ws19c\"> </span>and<span class=\"ls72 ws19a\"> </span>a <span class=\"_ _18\"> </span>ris<span class=\"_ _2\"></span>k </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t for non-financ<span class=\"_ _2\"></span>ial risk. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claims <span class=\"_ _2\"></span>and c<span class=\"_ _2\"></span>laims hand<span class=\"_ _2\"></span>ling c<span class=\"_ _2\"></span>osts includi<span class=\"_ _2\"></span>ng expected <span class=\"_ _2\"></span>claims <span class=\"_ _2\"></span>handlin<span class=\"_ _2\"></span>g costs <span class=\"_ _2\"></span>are expensed <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the statement o<span class=\"_ _2\"></span>f profit </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>los<span class=\"_ _0\"></span>s as <span class=\"_ _2\"></span>incurred <span class=\"_ _2\"></span>based on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed <span class=\"_ _2\"></span>future cash <span class=\"_ _2\"></span>\ufb02ows to polic<span class=\"_ _2\"></span>yholders <span class=\"_ _2\"></span>or thi<span class=\"_ _2\"></span>rd parties to fu<span class=\"_ _2\"></span>lfil the<span class=\"_ _2\"></span> obl<span class=\"_ _2\"></span>igations </span><span style=\"display:inherit;clear:left;\">toward policyho<span class=\"_ _2\"></span>lders. <span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Claim<span class=\"ws19d\">s </span>i<span class=\"_ _2\"></span>nclud<span class=\"ws19e\">e </span>di<span class=\"_ _2\"></span>rec<span class=\"ws19f\">t </span>claim<span class=\"ws19d\">s </span>hand<span class=\"_ _2\"></span>lin<span class=\"ws1a0\">g </span>cost<span class=\"ws19d\">s </span>t<span class=\"_ _2\"></span>ha<span class=\"ws1a1\">t </span>aris<span class=\"ws1a2\">e </span>fro<span class=\"ws1a3\">m </span>even<span class=\"ws1a4\">ts </span>th<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span><span class=\"ws19f\">t <span class=\"ws0\">hav<span class=\"ws1a2\">e </span>occurre<span class=\"ws1a5\">d </span>u<span class=\"ws1a6\">p <span class=\"ws1a7\">to </span></span>t<span class=\"ws1a8\">he </span>stateme<span class=\"ws1a9\">nt </span>o<span class=\"ws1a0\">f </span>financ<span class=\"_ _2\"></span>ial </span></span></span><span style=\"display:inherit;clear:left;\">positio<span class=\"wsee\">n </span>da<span class=\"ws152\">te </span>eve<span class=\"wsee\">n </span>i<span class=\"wsab\">f </span>the<span class=\"ws10b\">y <span class=\"ws15f\">have </span></span>no<span class=\"_ _2\"></span>t ye<span class=\"ws11a\">t </span>bee<span class=\"ws18b\">n </span>repor<span class=\"_ _2\"></span>te<span class=\"ws189\">d </span>t<span class=\"_ _0\"></span><span class=\"ws16b\">o <span class=\"ws0\">t<span class=\"ws1aa\">he </span>Group<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span></span></span><span style=\"display:inherit;clear:left;\">The Gro<span class=\"_ _0\"></span>up <span class=\"_ _0\"></span>recognises the <span class=\"_ _1\"></span>liabil<span class=\"_ _2\"></span>ity <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>incurred<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>claims <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>a <span class=\"_ _1\"></span>group <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>amount <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>fulfil<span class=\"_ _2\"></span>ment </span><span style=\"display:inherit;clear:left;\">cash <span class=\"_\"> </span>flows <span class=\"_ _17\"> </span>relating <span class=\"_ _17\"> </span>to <span class=\"_ _17\"> </span>incurred <span class=\"_\"> </span>claims. <span class=\"_ _17\"> </span>The <span class=\"_ _17\"> </span>future <span class=\"_ _17\"> </span>fulfilment <span class=\"_\"> </span>cash <span class=\"_ _17\"> </span>flows <span class=\"_ _17\"> </span>are <span class=\"_ _17\"> </span>discounted <span class=\"_\"> </span>(at <span class=\"_ _17\"> </span>current <span class=\"_ _17\"> </span>rates) <span class=\"_ _17\"> </span>and </span><span style=\"display:inherit;clear:left;\">adjusted <span class=\"_ _18\"> </span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>e<span class=\"ff67\">ff</span>ect <span class=\"_ _14\"></span>of <span class=\"_ _18\"></span>future<span class=\"ff67 ls23 ws1ab\"> <span class=\"ff68 ws0\">inflation<span class=\"ff67\">.<span class=\"ls74 ws1ac\"> </span></span></span></span>Fulfilment <span class=\"_ _14\"></span>cash <span class=\"_ _14\"></span>flows <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>using <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>assessments <span class=\"_ _18\"></span>of <span class=\"_ _13\"></span>individual </span><span style=\"display:inherit;clear:left;\">cases <span class=\"_ _18\"> </span>reported <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>statistical <span class=\"_ _18\"></span>analyses <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>incurred <span class=\"_ _14\"></span>but <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>reported. <span class=\"_ _18\"> </span>The <span class=\"_ _14\"></span>provisions <span class=\"_ _14\"></span>include </span><span style=\"display:inherit;clear:left;\">claims handling costs.<span class=\"_ _2\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Assumptio<span class=\"ws152\">ns </span>a<span class=\"ws1ad\">nd </span>interd<span class=\"_ _2\"></span>ependenc<span class=\"_ _2\"></span>ies<span class=\"fs1b ws156\"> </span></span><span style=\"display:inherit;clear:left;\">Level <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>aggrega<span class=\"_ _0\"></span>tion <span class=\"_ _2\"></span>and the<span class=\"_ _2\"></span> evaluation o<span class=\"_ _2\"></span>f cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act boun<span class=\"_ _2\"></span>dary<span class=\"_ _2\"></span> are signi<span class=\"_ _2\"></span>ficant assumptio<span class=\"_ _2\"></span>ns as <span class=\"_ _2\"></span>these d<span class=\"_ _2\"></span>efine the<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>of </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _14\"></span>premium <span class=\"_ _18\"> </span>allocation <span class=\"_ _18\"> </span>model\u2019s <span class=\"_ _18\"> </span>simplified <span class=\"_ _18\"> </span>measurement <span class=\"_ _18\"> </span>model. <span class=\"_ _18\"></span>Discounting <span class=\"_ _18\"></span>and <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>future <span class=\"_ _18\"> </span>inflation </span><span style=\"display:inherit;clear:left;\">a<span class=\"ff69\">ff</span>ects <span class=\"_ _14\"></span>in <span class=\"_ _18\"></span>particular <span class=\"_ _14\"></span>long <span class=\"_ _18\"></span>tailed <span class=\"_ _14\"></span>claims <span class=\"_ _18\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>assessment <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>actual <span class=\"_ _14\"></span>claim <span class=\"_ _18\"> </span>takes <span class=\"_ _14\"></span>time. <span class=\"_ _18\"></span>This <span class=\"_ _14\"></span>is <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>case <span class=\"_ _14\"></span>for </span><span style=\"display:inherit;clear:left;\">claims in motor liability<span class=\"_ _1\"></span>, professional liability<span class=\"_ _1\"></span>, workers\u2019 compensation, personal accident. </span><span style=\"display:inherit;clear:left;\">Liability <span class=\"_ _18\"> </span>for <span class=\"_ _18\"> </span>incurred <span class=\"_ _16\"> </span>claims <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>determined <span class=\"_ _16\"> </span>for <span class=\"_ _18\"> </span>each <span class=\"_ _18\"> </span>line <span class=\"_ _16\"> </span>of <span class=\"_ _18\"></span>business <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _16\"> </span>actuarial <span class=\"_ _18\"> </span>methods. <span class=\"_ _18\"> </span>Expected <span class=\"_ _16\"> </span>cash  </span><span style=\"display:inherit;clear:left;\">flows <span class=\"_\"> </span>are <span class=\"_\"> </span>adjusted <span class=\"_ _17\"> </span>for <span class=\"_\"> </span>the <span class=\"_ _17\"> </span>future <span class=\"_\"> </span>e<span class=\"ff6a\">ff</span>ect <span class=\"_ _17\"> </span>of <span class=\"_\"> </span>inflation.<span class=\"_ _2\"></span><span class=\"ls75 ws1ae\"> </span>The <span class=\"_\"> </span>models <span class=\"_\"> </span>currently <span class=\"_ _17\"> </span>used <span class=\"_\"> </span>are <span class=\"_ _17\"> </span>Chain-Ladder<span class=\"_ _1\"></span>,<span class=\"_ _1\"></span><span class=\"ls45 ws1af\"> <span class=\"ls0 ws0\">Bornhuetter </span></span></span><span style=\"display:inherit;clear:left;\">Ferguson. In <span class=\"_ _2\"></span>some <span class=\"_ _1\"></span>instances, <span class=\"_ _0\"></span>historic <span class=\"_ _1\"></span>data <span class=\"_ _0\"></span>used <span class=\"_ _1\"></span>in <span class=\"_ _0\"></span>the <span class=\"_ _1\"></span>actuarial <span class=\"_ _0\"></span>models <span class=\"_ _1\"></span>need <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>be <span class=\"_ _1\"></span>supplemented <span class=\"_ _0\"></span>with <span class=\"_ _1\"></span>predictions for </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>development <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>claims. <span class=\"_ _13\"></span>This is <span class=\"_ _2\"></span>used <span class=\"_ _13\"></span>when there <span class=\"_ _13\"></span>are structural <span class=\"_ _13\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>underlying <span class=\"_ _2\"></span>insurance </span><span style=\"display:inherit;clear:left;\">risk. <span class=\"_ _13\"></span>In <span class=\"_ _13\"></span>this <span class=\"_ _13\"></span>situation, <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>historical <span class=\"_ _13\"></span>data <span class=\"_ _14\"></span>is <span class=\"_ _13\"></span>supplemented <span class=\"_ _13\"></span>with <span class=\"_ _14\"></span>an <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>priori <span class=\"_ _13\"></span>estimate <span class=\"_ _14\"></span>for <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>expected <span class=\"_ _14\"></span>change <span class=\"_ _13\"></span>in <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">level of claims. </span><span style=\"display:inherit;clear:left;\">Measu<span class=\"ws1b0\">rement, </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"wsc5\">e </span>c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>act<span class=\"wsc2\">s </span>held </span><span style=\"display:inherit;clear:left;\">The Group applies the same principles to measure a group of reinsurance contracts and insurance contracts </span><span style=\"display:inherit;clear:left;\">issued, adapted where necessary to re<span class=\"_ _2\"></span>flect features that di<span class=\"_ _2\"></span><span class=\"ff6b\">ff</span>er from those of insurance contracts. <span class=\"_ _13\"></span><span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">The Liability for <span class=\"_ _0\"></span>remaining coverage <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>using the P<span class=\"_ _1\"></span>AA method<span class=\"_ _2\"></span>. The <span class=\"_ _0\"></span>reinsurance held have <span class=\"_ _0\"></span>a cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age period </span><span style=\"display:inherit;clear:left;\">of <span class=\"_ _2\"></span>one <span class=\"_ _2\"></span>ye<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>less. <span class=\"_ _2\"></span>For <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ontracts w<span class=\"_ _2\"></span>here <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>cov<span class=\"_ _0\"></span>erage p<span class=\"_ _2\"></span>erio<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>over <span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>yea<span class=\"ls76\">r</span>, <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>remain<span class=\"_ _2\"></span>ing <span class=\"_ _2\"></span>coverage </span><span style=\"display:inherit;clear:left;\">will <span class=\"_ _0\"></span>not <span class=\"_ _0\"></span>deviate <span class=\"_ _1\"></span>signi<span class=\"_ _2\"></span>ficantly fr<span class=\"_ _0\"></span>om the <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igation <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>hat <span class=\"_ _1\"></span>would have <span class=\"_ _1\"></span>bee<span class=\"_ _2\"></span>n <span class=\"_ _1\"></span>ar<span class=\"_ _2\"></span>rived <span class=\"_ _0\"></span>at <span class=\"_ _1\"></span>by applying <span class=\"_ _1\"></span>the gener<span class=\"_ _0\"></span>al <span class=\"_ _1\"></span>m<span class=\"_ _2\"></span>easurement </span><span style=\"display:inherit;clear:left;\">model<span class=\"_ _2\"></span> called GMM,<span class=\"_ _2\"></span> and therefore P<span class=\"_ _1\"></span>AA <span class=\"_ _2\"></span>will also be u<span class=\"_ _2\"></span>sed for these contracts. </span><span style=\"display:inherit;clear:left;\">I<span class=\"ws1a0\">f <span class=\"ws1b1\">a </span></span>loss-recover<span class=\"ws1b2\">y </span>co<span class=\"_ _2\"></span>mponen<span class=\"_ _2\"></span><span class=\"ws1b3\">t </span>i<span class=\"ws19d\">s </span>create<span class=\"ws1a5\">d </span>fo<span class=\"ws1b4\">r <span class=\"ws1b1\">a </span></span>grou<span class=\"ws1b5\">p </span>o<span class=\"ws1b6\">f </span>reinsur<span class=\"_ _0\"></span>anc<span class=\"ws1a2\">e </span>contract<span class=\"ws1b7\">s </span>measure<span class=\"ws1b8\">d </span>und<span class=\"_ _2\"></span>e<span class=\"ws1b9\">r <span class=\"ws1ba\">the </span></span>P<span class=\"_ _1\"></span>AA<span class=\"_ _2\"></span><span class=\"ws1bb\">, </span>the<span class=\"ws1bc\">n <span class=\"ws1ba\">the </span></span>Group </span><span style=\"display:inherit;clear:left;\">adjust<span class=\"ws130\">s <span class=\"wsaf\">the </span></span>carr<span class=\"_ _2\"></span>ying amo<span class=\"_ _2\"></span>u<span class=\"ws1bd\">nt </span>of th<span class=\"wsba\">e </span>asse<span class=\"ws162\">t </span>fo<span class=\"ws1be\">r </span>r<span class=\"_ _0\"></span>emainin<span class=\"_ _2\"></span>g cover<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts.<span class=\"fs1b\"> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Discounting </span><span style=\"display:inherit;clear:left;\">Discounting <span class=\"_ _13\"></span>under <span class=\"_ _2\"></span>IF<span class=\"_ _2\"></span>RS <span class=\"_ _2\"></span>17 <span class=\"_ _2\"></span>involves <span class=\"_ _2\"></span>adjustin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cas<span class=\"_ _2\"></span>h <span class=\"_ _2\"></span>\ufb02ows <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>present <span class=\"_ _2\"></span>val<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>re\ufb02ec<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>me <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>one<span class=\"ls15\">y</span>. </span><span style=\"display:inherit;clear:left;\">Liability for i<span class=\"_ _2\"></span>ncurred claims is <span class=\"_ _2\"></span>discounted to re\ufb02ec<span class=\"_ _2\"></span>t the ti<span class=\"_ _2\"></span>me value of <span class=\"_ _2\"></span>money and<span class=\"_ _2\"></span> the associated financ<span class=\"_ _2\"></span>ial risks at the </span><span style=\"display:inherit;clear:left;\">reportin<span class=\"_ _2\"></span>g<span class=\"ls7a ws150\"> </span>date<span class=\"_ _0\"></span>.<span class=\"ls5c ws150\"> </span>Discount<span class=\"ls77 ws150\"> </span>rate<span class=\"ls78 ws14e\"> </span>re\ufb02ects<span class=\"ls78 wse1\"> </span>the<span class=\"ls6a ws173\"> </span>y<span class=\"_ _2\"></span>ield<span class=\"ls5c wse0\"> </span>cur<span class=\"_ _2\"></span>ve<span class=\"ls78 ws14e\"> </span>in<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 ws14e\"> </span>appropr<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>te<span class=\"ls78 ws14e\"> </span>currency<span class=\"ls44 ws150\"> </span>for<span class=\"ls7b ws150\"> </span>in<span class=\"_ _2\"></span>struments<span class=\"ls5c ws150\"> </span>that<span class=\"ls77 wse0\"> </span>expose<span class=\"ls3d ws1bf\"> </span>the </span><span style=\"display:inherit;clear:left;\">holde<span class=\"_ _2\"></span>r<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7d ws1c1\"> </span>no<span class=\"ls7c ws1c0\"> </span>or<span class=\"ls7c ws1c0\"> </span>negl<span class=\"_ _2\"></span>igible<span class=\"ls7c ws1c0\"> </span>credit<span class=\"ls7c ws1c2\"> </span>r<span class=\"_ _2\"></span>isk,<span class=\"ls7c ws1c0\"> </span>adjusted<span class=\"ls7c ws1c0\"> </span>to<span class=\"ls7c ws1c0\"> </span>re\ufb02ec<span class=\"_ _2\"></span>t<span class=\"ls7c ws1c0\"> </span>the<span class=\"ls6a ws12b\"> </span>liquidity<span class=\"ls7e ws1c1\"> </span>c<span class=\"_ _2\"></span>har<span class=\"_ _0\"></span>acteristics<span class=\"ls7c ws1c3\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls7f ws1c0\"> </span>payment<span class=\"_ _2\"></span><span class=\"ls7f ws1c2\"> </span>of<span class=\"ls7f ws1c0\"> </span>future<span class=\"ls7c ws1c0\"> </span>incurred </span><span style=\"display:inherit;clear:left;\">claims.  </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1c4\">e </span>EIOP<span class=\"_ _0\"></span><span class=\"wsab\">A <span class=\"ws0\">ris<span class=\"ws92\">k </span>fre<span class=\"ws1c5\">e </span>discou<span class=\"ws106\">nt </span>meet<span class=\"ws130\">s <span class=\"_ _2\"></span></span>thes<span class=\"ws141\">e </span>requiremen<span class=\"ws1c6\">ts <span class=\"ws9d\">and <span class=\"ws15f\">have </span></span></span>bee<span class=\"_ _2\"></span>n used. </span></span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"wsc2\">s </span>fo<span class=\"wsc8\">r </span>Ris<span class=\"ws1c7\">k </span>Adjustm<span class=\"_ _2\"></span>ent </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>adjustment <span class=\"_ _13\"></span>represents <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>com<span class=\"_ _2\"></span>pensation <span class=\"_ _13\"></span>an <span class=\"_ _13\"></span>entity <span class=\"_ _13\"></span>requires <span class=\"_ _2\"></span>for <span class=\"_ _13\"></span>beari<span class=\"_ _2\"></span>ng <span class=\"_ _2\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>uncertaint<span class=\"_ _2\"></span>y <span class=\"_ _2\"></span>about <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>amount<span class=\"_ _2\"></span> </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls78 ws14e\"> </span>tim<span class=\"_ _2\"></span>ing<span class=\"ls80 ws14e\"> </span>of<span class=\"ls81 ws14e\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls3d ws1bf\"> </span>cash<span class=\"ls78 ws14e\"> </span>\ufb02ows<span class=\"ls3d wsd3\"> </span>that<span class=\"_ _0\"></span><span class=\"ls82 ws14e\"> <span class=\"ls0 ws0\">arises<span class=\"ls3d wsd3\"> </span>from<span class=\"ls47 wsd3\"> </span>non-finan<span class=\"_ _2\"></span>cial</span><span class=\"ls78\"> <span class=\"ls0 ws0\">ri<span class=\"_ _2\"></span>sk<span class=\"ls3d ws1c8\"> </span>as<span class=\"ls3d wsd3\"> </span>the<span class=\"ls3d wsd3\"> </span>entity<span class=\"ls43 wsdf\"> </span>fulfi<span class=\"_ _2\"></span>ls</span><span class=\"wse1\"> <span class=\"ls0 ws0\">insur<span class=\"_ _0\"></span>ance<span class=\"ls3d wsd3\"> </span>contracts.<span class=\"ls3d wsd3\"> </span>The<span class=\"ls3d wsd3\"> </span>risk </span></span></span></span></span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t <span class=\"_ _13\"></span>f<span class=\"_ _0\"></span>or <span class=\"_ _13\"></span>non-financia<span class=\"_ _2\"></span>l <span class=\"_ _13\"></span>risk <span class=\"_ _2\"></span>(RA<span class=\"_ _2\"></span>) <span class=\"_ _2\"></span>re\ufb02<span class=\"_ _2\"></span>ects <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>compen<span class=\"_ _2\"></span>sation <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>equired<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurer <span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>be<span class=\"_ _2\"></span>ar <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>uncertain<span class=\"_ _2\"></span>ty <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _13\"></span>amount <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>timing <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"ls7d ws1c1\"> </span>arising <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>non-fin<span class=\"_ _2\"></span>ancial <span class=\"_ _13\"></span>risk. <span class=\"_ _13\"></span>Sources<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>u<span class=\"_ _2\"></span>ncertaint<span class=\"_ _2\"></span>y <span class=\"_ _13\"></span>about <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ount </span><span style=\"display:inherit;clear:left;\">and timing of the cash \ufb02ows are link<span class=\"_ _0\"></span>ed to the determination of the LIC<span class=\"_ _0\"></span>, stat<span class=\"_ _0\"></span>ed above<span class=\"_ _0\"></span>, and the estimation of the fut<span class=\"_ _0\"></span>ure </span><span style=\"display:inherit;clear:left;\">cash \ufb02ows, i.e<span class=\"_ _1\"></span>. w<span class=\"_ _2\"></span>hen the <span class=\"_ _2\"></span>claims payment<span class=\"_ _2\"></span>s tak<span class=\"_ _0\"></span>e plac<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">RA<span class=\"ls83 ws1c9\"> </span>is<span class=\"ls65 ws16f\"> </span>calculated<span class=\"ls65 ws16f\"> </span>on<span class=\"ls66 ws16f\"> </span>a <span class=\"_ _17\"> </span>group<span class=\"_ _2\"></span><span class=\"ls65 ws170\"> </span>level<span class=\"ls69 ws170\"> </span>for<span class=\"ls65 ws170\"> </span>the<span class=\"ls65 ws16f\"> </span>i<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>ance<span class=\"ls65 ws170\"> </span>business.<span class=\"ls68 ws172\"> </span>A <span class=\"_\"> </span>cost<span class=\"ls65 ws16f\"> </span>of<span class=\"ls66 ws16f\"> </span>capital<span class=\"_ _2\"></span><span class=\"ls84 ws170\"> </span>approach<span class=\"ls65 ws16f\"> </span>is<span class=\"ls65 ws16f\"> </span>ch<span class=\"_ _2\"></span>osen,<span class=\"ls65 ws16f\"> </span>and<span class=\"ls68 ws1c9\"> </span>risk </span><span style=\"display:inherit;clear:left;\">adjustmen<span class=\"_ _2\"></span>t is <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>osen <span class=\"_ _2\"></span>to represent <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>confid<span class=\"_ _2\"></span>ence <span class=\"_ _2\"></span>level <span class=\"_ _2\"></span>of 85 <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>cent<span class=\"_ _2\"></span>. <span class=\"_ _2\"></span>RA is <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>re<span class=\"_ _0\"></span>sented <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>full i<span class=\"_ _2\"></span>n the <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce <span class=\"_ _2\"></span>serv<span class=\"_ _2\"></span>ice </span><span style=\"display:inherit;clear:left;\">result. </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>non-financ<span class=\"_ _2\"></span>ial risk<span class=\"_ _2\"></span> for <span class=\"_ _2\"></span>reinsurance con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> usin<span class=\"_ _2\"></span>g s<span class=\"_ _2\"></span>imilar <span class=\"_ _2\"></span>statistical mo<span class=\"_ _2\"></span>dels a<span class=\"_ _2\"></span>s fo<span class=\"_ _2\"></span>r </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>insurance<span class=\"ls5c ws150\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>act<span class=\"ls77 ws150\"> </span>so<span class=\"ls5c wse0\"> </span>that<span class=\"ls77 wse0\"> </span>it<span class=\"ls42 ws150\"> </span>represent<span class=\"_ _2\"></span>s<span class=\"ls5c ws150\"> </span>the<span class=\"ls78 wse1\"> </span>amount<span class=\"ls77 ws150\"> </span>of<span class=\"_ _2\"></span><span class=\"ls77 ws150\"> </span>risk<span class=\"ls78 ws14e\"> </span>bei<span class=\"_ _2\"></span>ng<span class=\"ls79 wse0\"> </span>transferred<span class=\"ls42 wse0\"> </span>by<span class=\"ls5c ws150\"> </span>th<span class=\"_ _2\"></span>e<span class=\"ls5c wsde\"> </span>holde<span class=\"_ _2\"></span>r<span class=\"ls5c ws150\"> </span>of<span class=\"ls77 ws150\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls78 wse1\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls5c ws150\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance <span class=\"_ _2\"></span>contracts to the issuer of <span class=\"_ _2\"></span>those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Lev<span class=\"ws113\">el </span>o<span class=\"ws140\">f </span>Ag<span class=\"_ _2\"></span>greg<span class=\"_ _0\"></span>ation </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls85 ws1c9\"> </span>contracts<span class=\"ls85 ws1cd\"> </span>are<span class=\"ls57 ws14c\"> </span>aggregat<span class=\"_ _0\"></span>ed<span class=\"ls85 ws1cd\"> </span>into<span class=\"ls85 ws1cd\"> </span>p<span class=\"_ _2\"></span>ortfolios<span class=\"ls57 ws14c\"> </span>of<span class=\"ls86 ws1cd\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls85 ws1c9\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts.<span class=\"ls57 ws14b\"> </span>A <span class=\"_\"> </span>portfolio<span class=\"ls85 ws1cd\"> </span>co<span class=\"_ _2\"></span>mprises<span class=\"ls57 ws14b\"> </span>of<span class=\"ls86 ws1cd\"> </span>insurance </span><span style=\"display:inherit;clear:left;\">contracts <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>sim<span class=\"_ _2\"></span>ilar <span class=\"_ _2\"></span>risks <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>managed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>togethe<span class=\"ls5a\">r</span>. <span class=\"_ _2\"></span>These <span class=\"_ _2\"></span>p<span class=\"_ _2\"></span>ortfolios are <span class=\"_ _2\"></span>furt<span class=\"_ _2\"></span>her <span class=\"_ _2\"></span>div<span class=\"_ _2\"></span>ided <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _2\"></span>annual <span class=\"_ _2\"></span>cohorts, <span class=\"_ _2\"></span>i.e<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">contracts<span class=\"ls87 ws1ce\"> </span>not<span class=\"ls88 ws174\"> </span>issued<span class=\"ls56 ws149\"> </span>more<span class=\"ls87 ws1ce\"> </span>than<span class=\"_ _2\"></span><span class=\"ls6d ws1ce\"> </span>one<span class=\"ls87 ws1ce\"> </span>year<span class=\"ls87 ws174\"> </span>apart<span class=\"ls56 ws149\"> </span>based<span class=\"ls58 ws14a\"> </span>in<span class=\"_ _2\"></span><span class=\"ls88 ws1ce\"> </span>a <span class=\"_ _17\"> </span>risk<span class=\"ls87 ws1ce\"> </span>basis.<span class=\"ls87 ws1ce\"> </span>P<span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>rtfolios<span class=\"ls87 ws174\"> </span>are<span class=\"ls89 ws1cf\"> </span>determined<span class=\"ls87 ws1ce\"> </span>based<span class=\"ls87 ws174\"> </span>on<span class=\"ls88 ws1ce\"> </span>a </span><span style=\"display:inherit;clear:left;\">segmentation <span class=\"_ _2\"></span>of business, o<span class=\"_ _2\"></span>r a c<span class=\"_ _2\"></span>ombination <span class=\"_ _2\"></span>of li<span class=\"_ _2\"></span>ne of <span class=\"_ _2\"></span>business (as d<span class=\"_ _2\"></span>efined <span class=\"_ _2\"></span>by the <span class=\"_ _2\"></span>management)<span class=\"_ _2\"></span>, business area <span class=\"_ _2\"></span>and </span><span style=\"display:inherit;clear:left;\">countr<span class=\"ls10\">y</span>.<span class=\"_ _2\"></span>  </span><span style=\"display:inherit;clear:left;\">No <span class=\"ws0\">materi<span class=\"wsbf\">al </span>onerou<span class=\"ws92\">s </span>contract<span class=\"ws145\">s <span class=\"ws1d0\">have </span></span>bee<span class=\"wsae\">n </span>id<span class=\"_ _2\"></span>entified<span class=\"wsfa\">. </span> </span></span><span style=\"display:inherit;clear:left;\">Principle<span class=\"ws114\">s </span>fo<span class=\"ws10c\">r </span>Separation </span><span style=\"display:inherit;clear:left;\">Contracts <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>transfer <span class=\"_ _0\"></span>a significant insurance <span class=\"_ _0\"></span>risk are <span class=\"_ _0\"></span>classified as insur<span class=\"_ _0\"></span>ance contr<span class=\"_ _0\"></span>acts. Contr<span class=\"_ _0\"></span>acts <span class=\"_ _0\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>by <span class=\"_ _0\"></span>the gro<span class=\"_ _0\"></span>up </span><span style=\"display:inherit;clear:left;\">under<span class=\"ls56 ws149\"> </span>wh<span class=\"_ _2\"></span>ich<span class=\"ls59 ws14a\"> </span>it<span class=\"ls57 ws14b\"> </span>transfers<span class=\"ls57 ws14b\"> </span>significant<span class=\"ls8a ws14c\"> </span>insurance<span class=\"ls56 ws149\"> </span>risk<span class=\"ls56 ws149\"> </span>related<span class=\"ls56 ws149\"> </span>to<span class=\"ls56 ws149\"> </span>underly<span class=\"_ _2\"></span>ing<span class=\"ls8b ws14b\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>nce<span class=\"ls56 ws14a\"> </span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts<span class=\"ls56 ws149\"> </span>are<span class=\"ls56 ws14a\"> </span>clas<span class=\"_ _0\"></span>sified<span class=\"ls56 ws149\"> </span>as </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts.  </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>p <span class=\"_ _2\"></span>issues <span class=\"_ _13\"></span>certain <span class=\"_ _13\"></span>group <span class=\"_ _2\"></span>of<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>life <span class=\"_ _13\"></span>insur<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>policies, <span class=\"_ _13\"></span>which <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>cluded <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>insu<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>ance <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>art, <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>separa<span class=\"_ _0\"></span>te <span class=\"_ _13\"></span>unit </span><span style=\"display:inherit;clear:left;\">linked<span class=\"ls8c ws1d1\"> </span>saving<span class=\"ls8d ws96\"> </span>part.<span class=\"ls36 wsd1\"> </span>Using<span class=\"ls8d ws96\"> </span>the<span class=\"ls2a ws96\"> </span>p<span class=\"_ _2\"></span>rinciples<span class=\"ls36 wsd1\"> </span>for<span class=\"ls8c ws1d1\"> </span>separa<span class=\"_ _0\"></span>tion,<span class=\"ls2a ws96\"> </span>these<span class=\"ls2a ws96\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>acts<span class=\"ls2a ws96\"> </span>are<span class=\"ls36 wsd1\"> </span>split<span class=\"ls2a ws96\"> </span>into<span class=\"ls2a ws96\"> </span>a <span class=\"_ _18\"></span>savings<span class=\"ls36 wsd1\"> </span>and<span class=\"ls2a ws96\"> </span>an<span class=\"ls2a ws96\"> </span>insur<span class=\"_ _1\"></span>an<span class=\"_ _2\"></span>ce </span><span style=\"display:inherit;clear:left;\">compo<span class=\"_ _2\"></span>nent. The <span class=\"_ _1\"></span>sav<span class=\"_ _2\"></span>ings <span class=\"_ _0\"></span>component <span class=\"_ _0\"></span>is v<span class=\"_ _0\"></span>alued using <span class=\"_ _1\"></span>I<span class=\"_ _2\"></span>FRS 9, <span class=\"_ _1\"></span>b<span class=\"_ _2\"></span>ecause <span class=\"_ _0\"></span>the inv<span class=\"_ _0\"></span>estment risk <span class=\"_ _1\"></span>is<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>borne by <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>policyholde<span class=\"ls5a\">r</span>, </span><span style=\"display:inherit;clear:left;\">and it is <span class=\"_ _2\"></span>distinct<span class=\"_ _2\"></span> from the insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span>e ris<span class=\"_ _2\"></span>k. The insurance compo<span class=\"_ _2\"></span>nent is valued <span class=\"_ _2\"></span>using IF<span class=\"_ _2\"></span>RS17. </span><span style=\"display:inherit;clear:left;\">Thes<span class=\"ws1d2\">e </span>princ<span class=\"_ _2\"></span>iple<span class=\"ws1d3\">s </span>ensur<span class=\"ws1d4\">e </span>tha<span class=\"ws1d5\">t </span>insur<span class=\"_ _1\"></span>anc<span class=\"_ _2\"></span><span class=\"ws1d6\">e </span>contrac<span class=\"ws1d7\">ts <span class=\"ws7b\">are </span></span>measure<span class=\"wse\">d </span>accur<span class=\"_ _0\"></span>atel<span class=\"ls10\">y</span><span class=\"ws1d8\">, </span>tr<span class=\"_ _0\"></span>ansparentl<span class=\"_ _2\"></span><span class=\"ls65\">y</span><span class=\"ws1d9\">, <span class=\"ws1da\">and </span></span>i<span class=\"ws1db\">n <span class=\"ws1dc\">a </span></span>manne<span class=\"ws1dd\">r </span>that </span><span style=\"display:inherit;clear:left;\">re\ufb02ect<span class=\"ws145\">s <span class=\"_ _2\"></span></span>th<span class=\"ws1cc\">e </span>economi<span class=\"ws126\">c </span>realit<span class=\"ws1de\">y </span>of t<span class=\"_ _2\"></span><span class=\"ws113\">he </span>underly<span class=\"_ _2\"></span>ing risk<span class=\"ws92\">s <span class=\"wsb2\">and </span></span>cas<span class=\"wsae\">h </span>\ufb02ows<span class=\"wsac\">. </span> </span><span style=\"display:inherit;clear:left;\">Insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>ac<span class=\"_ _2\"></span>quisition cost </span><span style=\"display:inherit;clear:left;\">Al<span class=\"ws1e0\">l </span>insur<span class=\"_ _0\"></span>anc<span class=\"ws1e1\">e </span>acquisit<span class=\"_ _2\"></span>io<span class=\"ws1e2\">n </span>cost<span class=\"ws1e3\">s </span>ar<span class=\"ws1e1\">e </span>re<span class=\"_ _0\"></span>cognize<span class=\"ws2b\">d </span>immed<span class=\"_ _2\"></span>iate<span class=\"_ _0\"></span>l<span class=\"ws158\">y </span>i<span class=\"ws1e4\">n <span class=\"ws1e5\">the </span></span>statemen<span class=\"ws1e6\">t </span>o<span class=\"ws1e6\">f </span>profi<span class=\"ws1e7\">t </span>o<span class=\"ws1e8\">r </span>los<span class=\"ws1e9\">s <span class=\"ws1ea\">as <span class=\"ws1eb\">an </span></span></span>expens<span class=\"ws1e1\">e </span>i<span class=\"ws1ec\">n </span>the </span><span style=\"display:inherit;clear:left;\">perio<span class=\"wsb6\">d </span>i<span class=\"_ _2\"></span><span class=\"ws16b\">n </span>whic<span class=\"ws16b\">h </span>the<span class=\"ws1ed\">y </span>ar<span class=\"ws1ee\">e </span>incurre<span class=\"wsb6\">d <span class=\"ws163\">and <span class=\"ws15b\">are </span></span></span>r<span class=\"_ _0\"></span>ecognise<span class=\"ws146\">d </span>unde<span class=\"ws1ef\">r </span>insuranc<span class=\"ws143\">e </span>servi<span class=\"_ _2\"></span>c<span class=\"ws143\">e </span>expens<span class=\"ws143\">e </span>i<span class=\"wsec\">n <span class=\"wsae\">the </span></span>Inco<span class=\"_ _2\"></span>m<span class=\"ws1f0\">e </span>sta<span class=\"_ _0\"></span>temen<span class=\"ws127\">t. </span> </span><span style=\"display:inherit;clear:left;\">Reinsuranc<span class=\"wsec\">e </span>contr<span class=\"_ _0\"></span>act<span class=\"ws114\">s </span>held </span><span style=\"display:inherit;clear:left;\">Th<span class=\"ws1f1\">e </span>Grou<span class=\"ws1f2\">p </span>enter<span class=\"ws183\">s </span>int<span class=\"ws17c\">o </span>reinsuranc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>wit<span class=\"ws1f3\">h </span>t<span class=\"ws1f4\">he <span class=\"_ _2\"></span></span>purpos<span class=\"ws1f1\">e </span>o<span class=\"ws1f5\">f </span>mitigatin<span class=\"ws41\">g </span>it<span class=\"_ _2\"></span><span class=\"ws183\">s </span>risk<span class=\"ws1f6\">. </span>Rei<span class=\"_ _2\"></span>nsur<span class=\"_ _0\"></span>anc<span class=\"ws1f1\">e </span>contract<span class=\"ws183\">s </span>he<span class=\"ws1f7\">ld </span>are </span><span style=\"display:inherit;clear:left;\">eithe<span class=\"ws164\">r </span>p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>portio<span class=\"_ _2\"></span><span class=\"ws12d\">nal </span>o<span class=\"ws1f8\">r </span>cove<span class=\"ws1ef\">r </span>th<span class=\"ws1ee\">e </span>total ris<span class=\"ws1ee\">k </span>i<span class=\"ws25\">f <span class=\"wsc2\">the </span></span>los<span class=\"ws145\">s </span>fro<span class=\"ws10c\">m <span class=\"wsc8\">a </span></span>clai<span class=\"ws140\">m </span>eve<span class=\"wsc5\">nt </span>exceed<span class=\"ws92\">s <span class=\"wsc2\">the </span></span>pre-agree<span class=\"ws106\">d </span>claim amount<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">Premium <span class=\"_ _13\"></span>on <span class=\"_ _2\"></span>reinsurance <span class=\"_ _13\"></span>contracts <span class=\"_ _2\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>ar<span class=\"_ _0\"></span>e <span class=\"_ _13\"></span>recognised <span class=\"_ _2\"></span>as <span class=\"_ _13\"></span>reinsurance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>and<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>einsurers <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>eld <span class=\"_ _13\"></span>as <span class=\"_ _2\"></span>claims </span><span style=\"display:inherit;clear:left;\">received.<span class=\"ls8e ws1c1\"> </span>Th<span class=\"_ _2\"></span>ese<span class=\"ls8e ws1f9\"> </span>consists<span class=\"ls8e ws1f9\"> </span>of <span class=\"_ _13\"></span>claims<span class=\"ls8e ws1f9\"> </span>on <span class=\"_ _13\"></span>reinsurers <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue<span class=\"ls8e ws1c1\"> </span>to<span class=\"ls8e ws1f9\"> </span>their<span class=\"ls8e ws1f9\"> </span>share<span class=\"ls8e ws1f9\"> </span>of<span class=\"ls7e ws1f9\"> </span>the<span class=\"ls8e ws1c1\"> </span>claims <span class=\"_ _13\"></span>provision.<span class=\"_ _2\"></span><span class=\"ls8e ws1c1\"> </span>The<span class=\"ls8e ws1c1\"> </span>Group <span class=\"_ _13\"></span>applies<span class=\"ls8e ws1f9\"> </span>the </span><span style=\"display:inherit;clear:left;\">same <span class=\"_ _17\"> </span>accounting <span class=\"_ _15\"> </span>policies <span class=\"_ _17\"> </span>to <span class=\"_ _1c\"> </span>measure <span class=\"_ _1c\"> </span>a <span class=\"_ _1c\"> </span>group <span class=\"_ _17\"> </span>of <span class=\"_ _1c\"> </span>reinsurance <span class=\"_ _1c\"> </span>contracts, <span class=\"_ _1c\"> </span>adapted <span class=\"_ _1c\"> </span>where <span class=\"_ _1c\"> </span>necessary <span class=\"_ _1c\"> </span>to <span class=\"_ _1c\"> </span>reflect </span><span style=\"display:inherit;clear:left;\">features that di<span class=\"ff6c\">ff</span>er from those of insurance contracts.  </span><span style=\"display:inherit;clear:left;\">Risk ad<span class=\"_ _2\"></span>justment <span class=\"_ _2\"></span>for no<span class=\"_ _2\"></span>n-financial <span class=\"_ _2\"></span>risk <span class=\"_ _2\"></span>for reinsurance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts are <span class=\"_ _2\"></span>modelled<span class=\"_ _2\"></span> using <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>milar st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>tistical <span class=\"_ _2\"></span>model<span class=\"_ _2\"></span>s as f<span class=\"_ _2\"></span>or </span><span style=\"display:inherit;clear:left;\">direct<span class=\"_ _2\"></span><span class=\"ls44 ws14f\"> </span>insurance<span class=\"ls19 ws14f\"> </span>contract<span class=\"ls44 ws14f\"> </span>so<span class=\"ls19 ws150\"> </span>that<span class=\"ls44 ws150\"> </span>it<span class=\"ls5c ws14f\"> </span>represents<span class=\"ls19 ws14f\"> </span>the<span class=\"ls5b ws14e\"> </span>amount<span class=\"ls44 ws14f\"> </span>o<span class=\"_ _2\"></span>f<span class=\"ls44 ws14f\"> </span>risk<span class=\"ls5b ws14d\"> </span>be<span class=\"_ _2\"></span>ing<span class=\"ls8f ws150\"> </span>transferred<span class=\"ls5c ws150\"> </span>by<span class=\"ls19 ws14f\"> <span class=\"_ _2\"></span></span>the<span class=\"ls5c ws150\"> </span>hold<span class=\"_ _2\"></span>er<span class=\"ls19 ws14f\"> </span>of<span class=\"ls44 ws14f\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls5b ws14e\"> </span>grou<span class=\"_ _0\"></span>p<span class=\"ls19 ws14f\"> </span>of </span><span style=\"display:inherit;clear:left;\">reinsur<span class=\"_ _0\"></span>ance c<span class=\"_ _2\"></span>ontr<span class=\"_ _0\"></span>acts to the<span class=\"_ _2\"></span> issuer of those con<span class=\"_ _2\"></span>tr<span class=\"_ _0\"></span>acts. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws10b\">t </span>financ<span class=\"wsec\">e </span>expense<span class=\"ws114\">s </span>from insur<span class=\"_ _0\"></span>anc<span class=\"ws1df\">e </span>contracts </span><span style=\"display:inherit;clear:left;\">Net <span class=\"_ _13\"></span>finance <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>from <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>contracts <span class=\"_ _13\"></span>comprise <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>insurance <span class=\"_ _2\"></span>finance <span class=\"_ _13\"></span>income <span class=\"_ _13\"></span>and <span class=\"_ _2\"></span>expenses <span class=\"_ _13\"></span>recognised </span><span style=\"display:inherit;clear:left;\">in <span class=\"_ _13\"></span>profit <span class=\"_ _13\"></span>or <span class=\"_ _14\"></span>loss <span class=\"_ _13\"></span>during <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>period <span class=\"_ _14\"></span>in <span class=\"_ _13\"></span>accordance <span class=\"_ _14\"></span>with <span class=\"_ _13\"></span>IFRS <span class=\"_ _14\"></span>17 <span class=\"_ _13\"></span><span class=\"ff11\">Insurance <span class=\"_ _14\"></span>Contracts</span>. <span class=\"_ _13\"></span>These <span class=\"_ _14\"></span>amounts <span class=\"_ _13\"></span>arise <span class=\"_ _14\"></span>from <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">e<span class=\"ff6d\">ff</span>ect of the time value of money and financial risk related to insurance contracts issued. </span><span style=\"display:inherit;clear:left;\">Insurance<span class=\"ls90 ws199\"> </span>finance<span class=\"ls90 ws1fa\"> </span>inc<span class=\"_ _2\"></span>ome<span class=\"ls91 ws1fb\"> </span>and<span class=\"ls90 ws199\"> </span>expenses<span class=\"ls4e ws110\"> </span>include<span class=\"ls90 ws199\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls90 ws1fa\"> </span>unwinding<span class=\"ls73 ws1fa\"> </span>of<span class=\"ls92 ws199\"> </span>di<span class=\"_ _2\"></span>scount<span class=\"ls92 ws1fa\"> </span>ra<span class=\"_ _0\"></span>tes<span class=\"ls90 ws1fa\"> </span>applied<span class=\"_ _2\"></span><span class=\"ls90 ws199\"> </span>to<span class=\"ls90 ws1fa\"> </span>insur<span class=\"_ _0\"></span>ance<span class=\"ls90 ws199\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _1\"></span>ac<span class=\"_ _2\"></span>t </span><span style=\"display:inherit;clear:left;\">liabilities <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impact <span class=\"_ _13\"></span>of <span class=\"_ _2\"></span>changes <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nancial <span class=\"_ _2\"></span>assumpti<span class=\"_ _2\"></span>ons <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>relate <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>future <span class=\"_ _2\"></span>cash <span class=\"_ _13\"></span>\ufb02ows<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>Finance <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>come <span class=\"_ _13\"></span>and </span><span style=\"display:inherit;clear:left;\">expenses<span class=\"ls2a ws96\"> </span>are<span class=\"ls2a ws96\"> </span>determined<span class=\"_ _2\"></span><span class=\"ls8c ws1d1\"> </span>using<span class=\"ls93 ws1d1\"> </span>t<span class=\"_ _2\"></span>he<span class=\"ls36 wsd2\"> </span>discount<span class=\"ls36 wsd1\"> </span>rates<span class=\"ls2a ws96\"> </span>applied<span class=\"ls2a wsd1\"> </span>on<span class=\"_ _2\"></span><span class=\"ls46 wsd1\"> </span>initial<span class=\"ls94 ws96\"> </span>recognition<span class=\"_ _2\"></span><span class=\"ls8c wsd3\"> </span>of<span class=\"ls8c ws1d1\"> </span>the<span class=\"ls2a ws96\"> </span>insurance<span class=\"ls2a ws96\"> </span>contracts<span class=\"ls2a ws96\"> </span>and, </span><span style=\"display:inherit;clear:left;\">where app<span class=\"_ _2\"></span>licable<span class=\"_ _0\"></span>, updated discount rates re\ufb02ecting current m<span class=\"_ _2\"></span>ark<span class=\"_ _0\"></span>et cond<span class=\"_ _2\"></span>itions. </span><span style=\"display:inherit;clear:left;\">Ne<span class=\"ws1be\">t </span>financ<span class=\"ws1cc\">e </span>expense<span class=\"ws145\">s </span>from insuranc<span class=\"ws13f\">e </span>contrac<span class=\"ws161\">ts </span>ar<span class=\"ws13f\">e </span>pr<span class=\"_ _0\"></span>esente<span class=\"ws146\">d </span>withi<span class=\"wsc8\">n </span>ne<span class=\"wsc8\">t </span>financial inc<span class=\"_ _2\"></span>ome/<span class=\"_ _1\"></span>expens<span class=\"ws143\">e </span>i<span class=\"ws16b\">n </span>t<span class=\"ws113\">he </span>statement </span><span style=\"display:inherit;clear:left;\">o<span class=\"wsc8\">f </span>profit or l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForReinsuranceExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__127": {
   "value": "<span style=\"display:inherit;clear:left;\">39.8 Interes<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span> income<span class=\"_ _0\"></span> and expense<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Interest income is recognised in <span class=\"_ _2\"></span>the statement of profit or loss<span class=\"_ _0\"></span> as it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>xpense on financial <span class=\"_ _0\"></span>liabilities measured a<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>amortised<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cost <span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>cognised in the <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>ement of <span class=\"_ _0\"></span>profit or <span class=\"_ _0\"></span>loss as </span><span style=\"display:inherit;clear:left;\">it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__126": {
   "value": "<span style=\"display:inherit;clear:left;\">39.8 Interes<span class=\"_ _1\"></span>t<span class=\"_ _2\"></span> income<span class=\"_ _0\"></span> and expense<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Interest income is recognised in <span class=\"_ _2\"></span>the statement of profit or loss<span class=\"_ _0\"></span> as it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Interest <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>xpense on financial <span class=\"_ _0\"></span>liabilities measured a<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>amortised<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>cost <span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>cognised in the <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>ement of <span class=\"_ _0\"></span>profit or <span class=\"_ _0\"></span>loss as </span><span style=\"display:inherit;clear:left;\">it accr<span class=\"_ _2\"></span>ues<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__128": {
   "value": "<span style=\"display:inherit;clear:left;\">39.9 Fe<span class=\"_ _0\"></span>e and commissi<span class=\"_ _0\"></span>on income and e<span class=\"_ _0\"></span>xpense<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Fee <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>commission <span class=\"_ _2\"></span>incom<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>m<span class=\"_ _2\"></span>ainly <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Company's <span class=\"_ _2\"></span>service<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>clien<span class=\"_ _2\"></span>ts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>field <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>as<span class=\"_ _0\"></span>set <span class=\"_ _13\"></span>management, </span><span style=\"display:inherit;clear:left;\">fund managemen<span class=\"_ _2\"></span>t and corpora<span class=\"_ _0\"></span>te consulting. Fee and c<span class=\"_ _2\"></span>ommission inco<span class=\"_ _2\"></span>me and expense for servic<span class=\"_ _2\"></span>es provided over a </span><span style=\"display:inherit;clear:left;\">certain period <span class=\"_ _1\"></span>are <span class=\"_ _1\"></span>recognized <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>the services <span class=\"_ _1\"></span>are <span class=\"_ _0\"></span>provided. <span class=\"_ _1\"></span>Fees <span class=\"_ _1\"></span>ear<span class=\"_ _2\"></span>ned <span class=\"_ _0\"></span>from <span class=\"_ _1\"></span>trans<span class=\"_ _0\"></span>action <span class=\"_ _0\"></span>type <span class=\"_ _0\"></span>services <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>recognized </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>servic<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>has b<span class=\"_ _2\"></span>een <span class=\"_ _2\"></span>completed, <span class=\"_ _2\"></span>i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. p<span class=\"_ _2\"></span>oint <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>time<span class=\"_ _0\"></span>. Fees <span class=\"_ _2\"></span>that are <span class=\"_ _2\"></span>performance <span class=\"_ _2\"></span>lin<span class=\"_ _2\"></span>k<span class=\"_ _1\"></span>ed<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>are recognized <span class=\"_ _2\"></span>when <span class=\"_ _2\"></span>the </span><span style=\"display:inherit;clear:left;\">performance <span class=\"_\"> </span>criteria <span class=\"_\"> </span>ar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fulfilled, <span class=\"_\"> </span>i.<span class=\"_ _1\"></span>e. <span class=\"_\"> </span>point <span class=\"_ _16\"> </span>in <span class=\"_\"> </span>time<span class=\"_ _0\"></span>. <span class=\"_ _16\"> </span>Contractual <span class=\"_ _16\"> </span>fees<span class=\"_ _0\"></span>, <span class=\"_ _16\"> </span>such <span class=\"_\"> </span>as <span class=\"_\"> </span>f<span class=\"_ _0\"></span>ees <span class=\"_\"> </span>f<span class=\"_ _0\"></span>or <span class=\"_\"> </span>ass<span class=\"_ _0\"></span>et <span class=\"_\"> </span>management, <span class=\"_\"> </span>are </span><span style=\"display:inherit;clear:left;\">recognised ove<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>the period <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>contract <span class=\"_ _1\"></span>as the <span class=\"_ _0\"></span>servic<span class=\"_ _2\"></span>es <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>provided<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>(i.<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er time), <span class=\"_ _0\"></span>usually <span class=\"_ _1\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>str<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>ght line <span class=\"_ _1\"></span>ba<span class=\"_ _2\"></span>sis. </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>not <span class=\"_ _2\"></span>consid<span class=\"_ _2\"></span>ered <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>be <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>sig<span class=\"_ _2\"></span>nificant <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g <span class=\"_ _2\"></span>componen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>cont<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>acts <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>commission <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>ome<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>credit </span><span style=\"display:inherit;clear:left;\">period<span class=\"_ _2\"></span> <span class=\"_\"> </span>f<span class=\"_ _0\"></span>or <span class=\"_\"> </span>receivables <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>relatively <span class=\"_\"> </span>short. <span class=\"_\"> </span>Uncertainties <span class=\"_\"> </span>regar<span class=\"_ _0\"></span>ding <span class=\"_\"> </span>variable <span class=\"_\"> </span>consider<span class=\"_ _0\"></span>ation <span class=\"_\"> </span>for <span class=\"_\"> </span>performance-based </span><span style=\"display:inherit;clear:left;\">income <span class=\"_\"> </span>are <span class=\"_ _18\"> </span>co<span class=\"_ _2\"></span>mmonly <span class=\"_ _16\"> </span>res<span class=\"_ _0\"></span>olved <span class=\"_\"> </span>a<span class=\"_ _0\"></span>t <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>point <span class=\"_ _16\"> </span>in <span class=\"_ _16\"> </span>time <span class=\"_ _16\"> </span>when <span class=\"_ _16\"> </span>revenue <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>recognised<span class=\"_ _2\"></span>. <span class=\"_ _18\"> </span>T<span class=\"_ _2\"></span>he <span class=\"_ _16\"> </span>Company <span class=\"_ _18\"> </span>d<span class=\"_ _2\"></span>oes <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>ha<span class=\"_ _2\"></span>ve </span><span style=\"display:inherit;clear:left;\">significant <span class=\"_\"> </span>co<span class=\"_ _2\"></span>ntr<span class=\"_ _0\"></span>act <span class=\"_\"> </span>assets <span class=\"_\"> </span>o<span class=\"_ _2\"></span>r <span class=\"_\"> </span>liabil<span class=\"_ _2\"></span>ities <span class=\"_\"> </span>on <span class=\"_\"> </span>it<span class=\"_ _2\"></span>s <span class=\"_\"> </span>balance <span class=\"_ _17\"> </span>sheet. <span class=\"_ _17\"> </span>Commission <span class=\"_\"> </span>fee <span class=\"_ _17\"> </span>income <span class=\"_ _17\"> </span>accordin<span class=\"_ _2\"></span>g <span class=\"_\"> </span>to <span class=\"_\"> </span>long-term </span><span style=\"display:inherit;clear:left;\">contracts is recognised<span class=\"_ _2\"></span> on <span class=\"_ _2\"></span>a str<span class=\"_ _0\"></span>aight lin<span class=\"_ _2\"></span>e basis <span class=\"_ _2\"></span>over time <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>invoiced monthl<span class=\"_ _2\"></span>y in <span class=\"_ _2\"></span>arrears<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>erformance-related fees </span><span style=\"display:inherit;clear:left;\">are recognized as income when t<span class=\"_ _2\"></span>he set target has been reached.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__129": {
   "value": "<span style=\"display:inherit;clear:left;\">39.10 Net financia<span class=\"_ _0\"></span>l income </span><span style=\"display:inherit;clear:left;\">Net<span class=\"ls95 ws1fc\"> </span>finan<span class=\"_ _2\"></span>cial<span class=\"ls96 ws1fd\"> </span>incom<span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>,<span class=\"ls95 ws1fc\"> </span>stems<span class=\"ls96 ws1fd\"> </span>from<span class=\"ls86 ws1fd\"> </span>in<span class=\"_ _2\"></span>sur<span class=\"_ _0\"></span>ance<span class=\"ls95 ws1fe\"> </span>investme<span class=\"_ _2\"></span>nt<span class=\"ls83 ws1ff\"> </span>act<span class=\"_ _2\"></span>ivities<span class=\"ls95 ws1fe\"> </span>and<span class=\"ls95 ws200\"> </span>c<span class=\"_ _2\"></span>onsists<span class=\"ls97 ws176\"> </span>of<span class=\"ls83 ws172\"> </span>in<span class=\"_ _2\"></span>terest<span class=\"ls83 ws1fd\"> </span>income<span class=\"ls96 ws201\"> </span>fro<span class=\"_ _2\"></span>m<span class=\"ls86 ws201\"> </span>bank </span><span style=\"display:inherit;clear:left;\">dep<span class=\"_ _2\"></span>osits,<span class=\"ls4f ws12b\"> </span>e<span class=\"_ _0\"></span>xchange<span class=\"ls43 wsdf\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"ls4f ws12b\"> </span>gains<span class=\"ls4f ws12b\"> </span>from<span class=\"ls4f ws12b\"> </span>m<span class=\"_ _2\"></span>onetar<span class=\"_ _2\"></span>y<span class=\"ls4f ws12a\"> </span>assets<span class=\"ls42 wsde\"> </span>and<span class=\"_ _2\"></span><span class=\"ls4f ws12b\"> </span>liabilit<span class=\"_ _2\"></span>ies<span class=\"ls4f ws12b\"> </span>and<span class=\"ls4f ws12b\"> </span>interest-bear<span class=\"_ _2\"></span>ing<span class=\"ls98 ws1c3\"> </span>fi<span class=\"_ _2\"></span>nancial<span class=\"ls79 wsde\"> </span>receivables,<span class=\"ls4f ws12b\"> </span>fair </span><span style=\"display:inherit;clear:left;\">valu<span class=\"ls99\">e<span class=\"ls9a ws202\"> </span></span>change<span class=\"ls9b\">s<span class=\"ls9c ws203\"> </span></span>o<span class=\"ls9d\">f<span class=\"ls9c ws204\"> </span></span>finan<span class=\"_ _2\"></span>cia<span class=\"ls9e\">l<span class=\"_\"> </span><span class=\"ls9f ws205\"> </span></span>asset<span class=\"lsa0\">s<span class=\"ls9c ws203\"> </span></span>t<span class=\"_ _2\"></span>hroug<span class=\"lsa1\">h<span class=\"ls9c ws206\"> </span></span>th<span class=\"lsa2\">e<span class=\"ls9c ws203\"> </span></span>st<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>temen<span class=\"lsa3\">t<span class=\"lsa4 ws204\"> </span></span>o<span class=\"_ _2\"></span><span class=\"lsa5\">f<span class=\"lsa6 ws207\"> </span></span>profi<span class=\"lsa7\">t<span class=\"lsa8 ws208\"> </span></span>o<span class=\"lsa3\">r<span class=\"ls9f ws209\"> </span></span>l<span class=\"_ _2\"></span>oss<span class=\"_ _0\"></span><span class=\"lsa9\">,<span class=\"ls9a ws20a\"> </span><span class=\"ls0\">a<span class=\"_ _0\"></span>nd </span></span></span><span style=\"display:inherit;clear:left;\">unwindin<span class=\"_ _2\"></span>g, interest and<span class=\"_ _2\"></span> ex<span class=\"_ _0\"></span>ch<span class=\"_ _2\"></span>ange r<span class=\"_ _0\"></span>ate change of <span class=\"_ _2\"></span>techni<span class=\"_ _2\"></span>cal provision.<span class=\"_ _0\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">Divide<span class=\"_ _2\"></span>nd<span class=\"_ _1\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">inco<span class=\"_ _2\"></span>me<span class=\"_ _1\"></span><span class=\"lsaa ws20c\"> <span class=\"ls0 ws0\">from<span class=\"_ _0\"></span><span class=\"lsab ws20d\"> <span class=\"ls0 ws0\">investments<span class=\"_ _0\"></span><span class=\"lsaa ws20b\"> <span class=\"ls0 ws0\">is </span></span></span></span></span></span></span></span></span></span></span><span style=\"display:inherit;clear:left;\">recogni<span class=\"_ _2\"></span>sed <span class=\"_ _2\"></span>on <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>when<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>ight to<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>divide<span class=\"_ _2\"></span>nd <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>establish<span class=\"_ _2\"></span>ed. <span class=\"_ _2\"></span>Divid<span class=\"_ _2\"></span>ends <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>presented <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ompone<span class=\"_ _2\"></span>nt <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>net </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _2\"></span>income.  </span><span style=\"display:inherit;clear:left;\">Financial<span class=\"lsac ws20e\"> </span>expenses<span class=\"lsac ws20f\"> </span>co<span class=\"_ _2\"></span>nsist<span class=\"lsad ws19b\"> </span>of<span class=\"ls94 ws210\"> <span class=\"_ _2\"></span></span>interest<span class=\"ls46 wsd7\"> </span>expenses<span class=\"lsac ws20f\"> </span>on<span class=\"lsac ws20f\"> </span>interest-bearin<span class=\"_ _2\"></span>g<span class=\"ls8d wsf1\"> </span>financ<span class=\"_ _2\"></span>ial<span class=\"lsae ws211\"> </span>liabilities,<span class=\"lsac ws20f\"> </span>exchange<span class=\"lsac ws211\"> </span>r<span class=\"_ _0\"></span>ate<span class=\"lsac ws20f\"> </span>losses<span class=\"lsad ws19b\"> </span>on </span><span style=\"display:inherit;clear:left;\">monetar<span class=\"_ _2\"></span>y assets <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>liabilit<span class=\"_ _2\"></span>ies and <span class=\"_ _2\"></span>fair val<span class=\"_ _2\"></span>ue chan<span class=\"_ _2\"></span>ges of <span class=\"_ _2\"></span>finan<span class=\"_ _2\"></span>cial assets.<span class=\"fs1b fc4\"> </span>Financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>expenses are <span class=\"_ _2\"></span>recognise<span class=\"_ _2\"></span>d du<span class=\"_ _2\"></span>ring </span><span style=\"display:inherit;clear:left;\">the pe<span class=\"_ _2\"></span>riod i<span class=\"_ _2\"></span>n which th<span class=\"_ _2\"></span>ey are incurred.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__131": {
   "value": "<span style=\"display:inherit;clear:left;\">39.11 Inco<span class=\"ws13e\">me </span>taxes </span><span style=\"display:inherit;clear:left;\">Inco<span class=\"_ _2\"></span>m<span class=\"ws212\">e </span>taxe<span class=\"_ _0\"></span><span class=\"ws127\">s <span class=\"ws0\">expense<span class=\"wsad\">d </span>consis<span class=\"_ _2\"></span>t<span class=\"ws213\">s </span>of curren<span class=\"ws144\">t </span>taxe<span class=\"ws196\">s <span class=\"ws214\">and </span></span>defer<span class=\"_ _2\"></span>re<span class=\"wsf0\">d </span>tax. </span></span></span><span style=\"display:inherit;clear:left;\">Curre<span class=\"ws113\">nt </span>tax </span><span style=\"display:inherit;clear:left;\">Current <span class=\"_ _14\"></span>taxes <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>taxes <span class=\"_ _14\"></span>expected <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>be <span class=\"_ _18\"></span>payable <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>taxable <span class=\"_ _14\"></span>income <span class=\"_ _18\"></span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>year<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>any <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"></span>to <span class=\"_ _14\"></span>taxes </span><span style=\"display:inherit;clear:left;\">payable <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>previous <span class=\"_ _2\"></span>years. <span class=\"_ _13\"></span><span class=\"ls2b\">T</span>axable <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>year <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>generally <span class=\"_ _13\"></span>di<span class=\"ff6e\">ff</span>erent <span class=\"_ _2\"></span>from <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>before <span class=\"_ _13\"></span>tax </span><span style=\"display:inherit;clear:left;\">according to the financial statements. Calculated income tax is based on the tax rates in e<span class=\"_ _13\"></span><span class=\"ff6f\">ff</span>ect at the reporting date. </span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"wsc3\">income <span class=\"ws0\">tax </span></span></span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>tax <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>due <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _18\"> </span>temporary <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span><span class=\"ff70\">ff</span>erence <span class=\"_ _2\"></span>between <span class=\"_ _13\"></span>taxable <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>according <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _14\"></span>fi </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _18\"> </span>statements. <span class=\"_ _18\"> </span>This <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>because <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>Group's <span class=\"_ _18\"> </span>tax <span class=\"_\"> </span>base <span class=\"_ _14\"></span>is <span class=\"_ _18\"> </span>based <span class=\"_ _16\"> </span>on <span class=\"_ _18\"></span>assumptions <span class=\"_ _18\"> </span>di<span class=\"ff71\">ff</span>erent <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements. Deferred<span class=\"_ _2\"></span> income tax i<span class=\"_ _2\"></span>s not rec<span class=\"_ _2\"></span>ognised on<span class=\"_ _2\"></span> non-de<span class=\"_ _2\"></span>ductib<span class=\"_ _2\"></span>le goodw<span class=\"_ _2\"></span>ill.  </span><span style=\"display:inherit;clear:left;\">A <span class=\"ws0\">deferre<span class=\"ws216\">d <span class=\"ws217\">tax </span></span>asse<span class=\"ws218\">t </span>i<span class=\"ws219\">s </span>estimate<span class=\"ws21a\">d </span>a<span class=\"ws218\">t </span>t<span class=\"ws21b\">he </span>reporti<span class=\"_ _2\"></span><span class=\"ws21c\">ng </span>dat<span class=\"_ _0\"></span><span class=\"ws21d\">e <span class=\"ws21e\">and <span class=\"ws0\">i<span class=\"ws21f\">s </span>recogni<span class=\"_ _2\"></span>se<span class=\"ws216\">d </span>on<span class=\"ws220\">ly </span>t<span class=\"ws221\">o </span>th</span>e <span class=\"ws0\">exten<span class=\"ws222\">t </span>tha<span class=\"ws218\">t </span>i<span class=\"ws223\">t </span>i<span class=\"ws219\">s </span>probab<span class=\"ws224\">le </span>t<span class=\"_ _2\"></span>hat </span></span></span></span></span><span style=\"display:inherit;clear:left;\">futu<span class=\"ws225\">re </span>taxab<span class=\"wsb0\">le </span>inc<span class=\"_ _2\"></span>om<span class=\"ws196\">e </span>will b<span class=\"ws127\">e </span>availabl<span class=\"ws6\">e </span>agai<span class=\"_ _2\"></span>ns<span class=\"ws106\">t </span>whic<span class=\"ws12d\">h <span class=\"wsb4\">the <span class=\"wsb6\">tax </span></span></span>asse<span class=\"ws106\">t </span>ca<span class=\"wsed\">n <span class=\"wsaf\">be </span></span>util<span class=\"_ _2\"></span>ise<span class=\"wsad\">d </span>i<span class=\"ws116\">n </span>t<span class=\"ws226\">he </span>future<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Deferre<span class=\"ws227\">d </span>inc<span class=\"_ _2\"></span>om<span class=\"ws228\">e </span>ta<span class=\"ws229\">x </span>i<span class=\"ws22a\">s </span>expense<span class=\"ws22b\">d </span>i<span class=\"ws22c\">n </span>pro<span class=\"ws22c\">fit </span>o<span class=\"_ _2\"></span><span class=\"ws22d\">r </span>los<span class=\"ws22e\">s </span>unles<span class=\"ws22f\">s </span>i<span class=\"ws37\">t </span>i<span class=\"ws22a\">s </span>relate<span class=\"ws227\">d </span>t<span class=\"_ _0\"></span><span class=\"ws230\">o <span class=\"ws0\">item<span class=\"ws22e\">s </span>reco<span class=\"_ _2\"></span>gnise<span class=\"ws227\">d </span>i<span class=\"_ _2\"></span><span class=\"ws231\">n </span>othe<span class=\"ws232\">r </span>com<span class=\"_ _2\"></span>prehensive </span></span></span><span style=\"display:inherit;clear:left;\">inco<span class=\"_ _2\"></span><span class=\"ws163\">me </span>o<span class=\"ws162\">r </span>direct<span class=\"ws233\">ly </span>i<span class=\"ws12e\">n </span>e<span class=\"_ _2\"></span>quit<span class=\"ls26\">y</span><span class=\"ws1aa\">, </span>i<span class=\"wsc6\">n </span>whic<span class=\"_ _2\"></span><span class=\"ws12e\">h </span>cas<span class=\"ws127\">e <span class=\"ws234\">the </span></span>tax i<span class=\"wsef\">s </span>als<span class=\"wsc6\">o </span>recogni<span class=\"_ _2\"></span>se<span class=\"wsad\">d </span>i<span class=\"ws12d\">n </span>othe<span class=\"ws162\">r </span>com<span class=\"_ _2\"></span>prehensi<span class=\"ws1c6\">ve </span>inco<span class=\"_ _2\"></span>m<span class=\"ws103\">e </span>o<span class=\"ws162\">r </span>equ<span class=\"_ _2\"></span>it<span class=\"ls26\">y</span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__130": {
   "value": "<span style=\"display:inherit;clear:left;\">39.11 Inco<span class=\"ws13e\">me </span>taxes </span><span style=\"display:inherit;clear:left;\">Inco<span class=\"_ _2\"></span>m<span class=\"ws212\">e </span>taxe<span class=\"_ _0\"></span><span class=\"ws127\">s <span class=\"ws0\">expense<span class=\"wsad\">d </span>consis<span class=\"_ _2\"></span>t<span class=\"ws213\">s </span>of curren<span class=\"ws144\">t </span>taxe<span class=\"ws196\">s <span class=\"ws214\">and </span></span>defer<span class=\"_ _2\"></span>re<span class=\"wsf0\">d </span>tax. </span></span></span><span style=\"display:inherit;clear:left;\">Curre<span class=\"ws113\">nt </span>tax </span><span style=\"display:inherit;clear:left;\">Current <span class=\"_ _14\"></span>taxes <span class=\"_ _14\"></span>are <span class=\"_ _14\"></span>the <span class=\"_ _18\"></span>taxes <span class=\"_ _14\"></span>expected <span class=\"_ _14\"></span>to <span class=\"_ _14\"></span>be <span class=\"_ _18\"></span>payable <span class=\"_ _14\"></span>on <span class=\"_ _14\"></span>taxable <span class=\"_ _14\"></span>income <span class=\"_ _18\"></span>for <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>year<span class=\"_ _1\"></span>, <span class=\"_ _14\"></span>and <span class=\"_ _14\"></span>any <span class=\"_ _14\"></span>adjustment <span class=\"_ _18\"></span>to <span class=\"_ _14\"></span>taxes </span><span style=\"display:inherit;clear:left;\">payable <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>respect <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>previous <span class=\"_ _2\"></span>years. <span class=\"_ _13\"></span><span class=\"ls2b\">T</span>axable <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>year <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>generally <span class=\"_ _13\"></span>di<span class=\"ff6e\">ff</span>erent <span class=\"_ _2\"></span>from <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>before <span class=\"_ _13\"></span>tax </span><span style=\"display:inherit;clear:left;\">according to the financial statements. Calculated income tax is based on the tax rates in e<span class=\"_ _13\"></span><span class=\"ff6f\">ff</span>ect at the reporting date. </span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"wsc3\">income <span class=\"ws0\">tax </span></span></span><span style=\"display:inherit;clear:left;\">Deferred <span class=\"_ _2\"></span>income <span class=\"_ _13\"></span>tax <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>due <span class=\"_ _2\"></span>to <span class=\"_ _2\"></span>a <span class=\"_ _18\"> </span>temporary <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span><span class=\"ff70\">ff</span>erence <span class=\"_ _2\"></span>between <span class=\"_ _13\"></span>taxable <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>and <span class=\"_ _13\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _13\"></span>loss <span class=\"_ _2\"></span>according <span class=\"_ _13\"></span>to <span class=\"_ _2\"></span>the <span class=\"_ _14\"></span>fi </span><span style=\"display:inherit;clear:left;\">financial <span class=\"_ _18\"> </span>statements. <span class=\"_ _18\"> </span>This <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>because <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>Group's <span class=\"_ _18\"> </span>tax <span class=\"_\"> </span>base <span class=\"_ _14\"></span>is <span class=\"_ _18\"> </span>based <span class=\"_ _16\"> </span>on <span class=\"_ _18\"></span>assumptions <span class=\"_ _18\"> </span>di<span class=\"ff71\">ff</span>erent <span class=\"_ _18\"> </span>from <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>financial </span><span style=\"display:inherit;clear:left;\">statements. Deferred<span class=\"_ _2\"></span> income tax i<span class=\"_ _2\"></span>s not rec<span class=\"_ _2\"></span>ognised on<span class=\"_ _2\"></span> non-de<span class=\"_ _2\"></span>ductib<span class=\"_ _2\"></span>le goodw<span class=\"_ _2\"></span>ill.  </span><span style=\"display:inherit;clear:left;\">A <span class=\"ws0\">deferre<span class=\"ws216\">d <span class=\"ws217\">tax </span></span>asse<span class=\"ws218\">t </span>i<span class=\"ws219\">s </span>estimate<span class=\"ws21a\">d </span>a<span class=\"ws218\">t </span>t<span class=\"ws21b\">he </span>reporti<span class=\"_ _2\"></span><span class=\"ws21c\">ng </span>dat<span class=\"_ _0\"></span><span class=\"ws21d\">e <span class=\"ws21e\">and <span class=\"ws0\">i<span class=\"ws21f\">s </span>recogni<span class=\"_ _2\"></span>se<span class=\"ws216\">d </span>on<span class=\"ws220\">ly </span>t<span class=\"ws221\">o </span>th</span>e <span class=\"ws0\">exten<span class=\"ws222\">t </span>tha<span class=\"ws218\">t </span>i<span class=\"ws223\">t </span>i<span class=\"ws219\">s </span>probab<span class=\"ws224\">le </span>t<span class=\"_ _2\"></span>hat </span></span></span></span></span><span style=\"display:inherit;clear:left;\">futu<span class=\"ws225\">re </span>taxab<span class=\"wsb0\">le </span>inc<span class=\"_ _2\"></span>om<span class=\"ws196\">e </span>will b<span class=\"ws127\">e </span>availabl<span class=\"ws6\">e </span>agai<span class=\"_ _2\"></span>ns<span class=\"ws106\">t </span>whic<span class=\"ws12d\">h <span class=\"wsb4\">the <span class=\"wsb6\">tax </span></span></span>asse<span class=\"ws106\">t </span>ca<span class=\"wsed\">n <span class=\"wsaf\">be </span></span>util<span class=\"_ _2\"></span>ise<span class=\"wsad\">d </span>i<span class=\"ws116\">n </span>t<span class=\"ws226\">he </span>future<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Deferre<span class=\"ws227\">d </span>inc<span class=\"_ _2\"></span>om<span class=\"ws228\">e </span>ta<span class=\"ws229\">x </span>i<span class=\"ws22a\">s </span>expense<span class=\"ws22b\">d </span>i<span class=\"ws22c\">n </span>pro<span class=\"ws22c\">fit </span>o<span class=\"_ _2\"></span><span class=\"ws22d\">r </span>los<span class=\"ws22e\">s </span>unles<span class=\"ws22f\">s </span>i<span class=\"ws37\">t </span>i<span class=\"ws22a\">s </span>relate<span class=\"ws227\">d </span>t<span class=\"_ _0\"></span><span class=\"ws230\">o <span class=\"ws0\">item<span class=\"ws22e\">s </span>reco<span class=\"_ _2\"></span>gnise<span class=\"ws227\">d </span>i<span class=\"_ _2\"></span><span class=\"ws231\">n </span>othe<span class=\"ws232\">r </span>com<span class=\"_ _2\"></span>prehensive </span></span></span><span style=\"display:inherit;clear:left;\">inco<span class=\"_ _2\"></span><span class=\"ws163\">me </span>o<span class=\"ws162\">r </span>direct<span class=\"ws233\">ly </span>i<span class=\"ws12e\">n </span>e<span class=\"_ _2\"></span>quit<span class=\"ls26\">y</span><span class=\"ws1aa\">, </span>i<span class=\"wsc6\">n </span>whic<span class=\"_ _2\"></span><span class=\"ws12e\">h </span>cas<span class=\"ws127\">e <span class=\"ws234\">the </span></span>tax i<span class=\"wsef\">s </span>als<span class=\"wsc6\">o </span>recogni<span class=\"_ _2\"></span>se<span class=\"wsad\">d </span>i<span class=\"ws12d\">n </span>othe<span class=\"ws162\">r </span>com<span class=\"_ _2\"></span>prehensi<span class=\"ws1c6\">ve </span>inco<span class=\"_ _2\"></span>m<span class=\"ws103\">e </span>o<span class=\"ws162\">r </span>equ<span class=\"_ _2\"></span>it<span class=\"ls26\">y</span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__132": {
   "value": "<span style=\"display:inherit;clear:left;\">39.12 Cash and cas<span class=\"_ _0\"></span>h equivalents<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">Cash<span class=\"ls43 ws87\"> </span>and<span class=\"ls1e ws87\"> </span>cash<span class=\"ls12 ws7b\"> </span>equivalent<span class=\"_ _2\"></span>s<span class=\"ls1e ws87\"> </span>consist<span class=\"ls12 ws7b\"> </span>of<span class=\"ls43 ws87\"> </span>unrestricted<span class=\"ls19 ws7b\"> </span>deposits<span class=\"ls12 ws7b\"> </span>with<span class=\"_ _2\"></span><span class=\"ls12 ws7b\"> </span>financial<span class=\"ls7a ws7b\"> </span>institutio<span class=\"_ _2\"></span>ns,<span class=\"ls1e ws87\"> </span>and<span class=\"ls1e ws87\"> </span>highly<span class=\"ls6a ws7a\"> </span>liq<span class=\"_ _2\"></span>uid<span class=\"ls12 ws7b\"> </span>financial </span><span style=\"display:inherit;clear:left;\">assets that <span class=\"_ _2\"></span>are d<span class=\"_ _2\"></span>ue <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>three <span class=\"_ _2\"></span>months <span class=\"_ _2\"></span>from <span class=\"_ _2\"></span>the ac<span class=\"_ _2\"></span>quisition <span class=\"_ _2\"></span>date <span class=\"_ _2\"></span>and can <span class=\"_ _2\"></span>easil<span class=\"_ _2\"></span>y b<span class=\"_ _2\"></span>e c<span class=\"_ _2\"></span>onverted in<span class=\"_ _2\"></span>to cash <span class=\"_ _2\"></span>where <span class=\"_ _2\"></span>risk </span><span style=\"display:inherit;clear:left;\">of changes in th<span class=\"_ _2\"></span>eir fair value is insignificant.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__143": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLoansAndReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__142": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__141": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__140": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__139": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__138-1": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span><span style=\"display:inherit;clear:left;\">39.17 Impairme<span class=\"_ _0\"></span>nt of non-financial as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">At each reporting date<span class=\"_ _1\"></span>, man<span class=\"_ _2\"></span>agement reviews the carryin<span class=\"_ _2\"></span>g amount <span class=\"_ _0\"></span>of tangible and intangib<span class=\"_ _2\"></span>le as<span class=\"_ _0\"></span>sets for indications of </span><span style=\"display:inherit;clear:left;\">impairment. If any such indica<span class=\"_ _0\"></span>tion exis<span class=\"_ _0\"></span>ts, the recove<span class=\"_ _0\"></span>rabl<span class=\"_ _0\"></span>e amount <span class=\"_ _0\"></span>of the ass<span class=\"_ _0\"></span>et is es<span class=\"_ _0\"></span>timated. The recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount </span><span style=\"display:inherit;clear:left;\">of a c<span class=\"_ _2\"></span>ash-gener<span class=\"_ _0\"></span>ating unit to <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>the asset belo<span class=\"_ _2\"></span>ngs<span class=\"_ _0\"></span> is <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed if <span class=\"_ _2\"></span>it is <span class=\"_ _2\"></span>not p<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>sible to test the <span class=\"_ _2\"></span>asset individ<span class=\"_ _2\"></span>ually for </span><span style=\"display:inherit;clear:left;\">impairment. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>recover<span class=\"_ _0\"></span>able amount <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the h<span class=\"_ _2\"></span>igher <span class=\"_ _2\"></span>of fair value <span class=\"_ _2\"></span>less estimated <span class=\"_ _2\"></span>cost to <span class=\"_ _2\"></span>sell <span class=\"_ _2\"></span>and value <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>use<span class=\"_ _0\"></span>. V<span class=\"_ _0\"></span>alue in<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>based<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">on estimated future cash \ufb02ows, discounted at the pre-tax r<span class=\"_ _0\"></span>ate of interest, where the interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e re\ufb02ects t<span class=\"_ _2\"></span>he mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">asse<span class=\"_ _0\"></span>ssment of time value o<span class=\"_ _2\"></span>f money<span class=\"_ _2\"></span> at each time and the risk em<span class=\"_ _2\"></span>bodied <span class=\"_ _2\"></span>in the asset. </span><span style=\"display:inherit;clear:left;\">Intangible assets <span class=\"_ _0\"></span>with indefinite <span class=\"_ _0\"></span>useful <span class=\"_ _0\"></span>life and <span class=\"_ _0\"></span>intangible ass<span class=\"_ _0\"></span>ets not <span class=\"_ _0\"></span>ready f<span class=\"_ _0\"></span>or us<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>sted for <span class=\"_ _0\"></span>impairment annually </span><span style=\"display:inherit;clear:left;\">and more often if t<span class=\"_ _2\"></span>here is any indication of im<span class=\"_ _2\"></span>pairment. </span><span style=\"display:inherit;clear:left;\">If <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>recover<span class=\"_ _1\"></span>able <span class=\"_\"> </span>amo<span class=\"_ _0\"></span>unt <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _18\"> </span>an <span class=\"_ _18\"> </span>asset <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>low<span class=\"_ _0\"></span>er <span class=\"_ _18\"> </span>than <span class=\"_ _16\"> </span>its <span class=\"_ _18\"> </span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _18\"> </span>amount<span class=\"_ _2\"></span>, <span class=\"_ _18\"></span>the <span class=\"_ _18\"> </span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _18\"> </span>am<span class=\"_ _2\"></span>ount <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>reduced<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount. Impairment l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s is recognised in <span class=\"_ _2\"></span>pr<span class=\"_ _0\"></span>ofit or loss. </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _16\"> </span>recovery <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>asset, <span class=\"_ _16\"> </span>su<span class=\"_ _0\"></span>bsequent <span class=\"_ _16\"> </span>to <span class=\"_ _16\"> </span>impairment <span class=\"_ _16\"> </span>recognition, <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>eversed. <span class=\"_ _18\"> </span>H<span class=\"_ _2\"></span>ow<span class=\"_ _0\"></span>ever<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>reversal <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>li<span class=\"_ _2\"></span>mited <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>asset <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>being <span class=\"_ _18\"> </span>recognised <span class=\"_ _14\"></span>at <span class=\"_ _18\"> </span>an <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>higher <span class=\"_ _18\"></span>than <span class=\"_ _14\"></span>it<span class=\"_ _2\"></span>s <span class=\"_ _14\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>prior<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>impairment </span><span style=\"display:inherit;clear:left;\">recognition. <span class=\"_ _2\"></span>Revers<span class=\"_ _0\"></span>al of impairment of <span class=\"_ _2\"></span>goodwill is prohibited.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__137": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__136": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__135": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForAvailableforsaleFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__134": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__133": {
   "value": "<span style=\"display:inherit;clear:left;\">39.13 Financi<span class=\"ws235\">al </span>as<span class=\"_ _0\"></span>sets </span><span style=\"display:inherit;clear:left;\">Initial recognition </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _2\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>recognised <span class=\"_ _13\"></span>when <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Gro<span class=\"_ _0\"></span>up <span class=\"_ _13\"></span>becomes <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>p<span class=\"_ _0\"></span>arty<span class=\"ls7d ws7c\"> </span>to <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>contractual <span class=\"_ _13\"></span>pro<span class=\"_ _0\"></span>visions <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>instrument. </span><span style=\"display:inherit;clear:left;\">Financial as<span class=\"_ _0\"></span>sets are initially measured at f<span class=\"_ _0\"></span>air value<span class=\"_ _0\"></span>. T<span class=\"_ _1\"></span>ransaction costs that are directly a<span class=\"_ _0\"></span>ttributable to the acquisiti<span class=\"_ _2\"></span>on </span><span style=\"display:inherit;clear:left;\">or <span class=\"_ _2\"></span>issue of <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>(oth<span class=\"_ _2\"></span>er than<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>nancial assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>through profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss)<span class=\"_ _ef\"></span> are <span class=\"_ _2\"></span>added<span class=\"_ _2\"></span> to <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>deducte<span class=\"_ _2\"></span>d </span><span style=\"display:inherit;clear:left;\">from <span class=\"_ _1\"></span>the<span class=\"_ _2\"></span> <span class=\"_ _1\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _1\"></span>fin<span class=\"_ _2\"></span>ancial <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sets, <span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>s <span class=\"_ _1\"></span>appro<span class=\"_ _2\"></span>priate<span class=\"_ _1\"></span>, on <span class=\"_ _1\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _1\"></span>recognit<span class=\"_ _2\"></span>ion. <span class=\"_ _0\"></span>T<span class=\"_ _1\"></span>ransaction <span class=\"_ _0\"></span>costs <span class=\"_ _1\"></span>direct<span class=\"_ _2\"></span>ly <span class=\"_ _0\"></span>attributable </span><span style=\"display:inherit;clear:left;\">to the acq<span class=\"_ _2\"></span>uisition of financ<span class=\"_ _2\"></span>ial assets at f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> value through <span class=\"_ _2\"></span>profit or loss are recognised immediately in profit o<span class=\"_ _2\"></span>r loss<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Classification of <span class=\"wsa2\">fina</span>nc<span class=\"_ _2\"></span>ial assets </span><span style=\"display:inherit;clear:left;\">All<span class=\"ls11 ws7a\"> </span>recognised<span class=\"ls11 ws7a\"> </span>fin<span class=\"_ _2\"></span>ancial<span class=\"lsd ws7a\"> </span>ass<span class=\"_ _0\"></span>ets<span class=\"ls12 ws7b\"> </span>are<span class=\"ls11 ws7a\"> </span>measured<span class=\"ls11 ws7a\"> </span>subseque<span class=\"_ _2\"></span>ntly<span class=\"ls11 ws7a\"> </span>in<span class=\"ls11 ws7a\"> </span>t<span class=\"_ _2\"></span>heir<span class=\"ls11 ws7a\"> </span>entirety<span class=\"lsaf ws7a\"> </span>at<span class=\"ls11 ws7a\"> </span>either<span class=\"_ _2\"></span><span class=\"ls11 ws7a\"> </span>amortised<span class=\"ls11 ws7a\"> </span>cost<span class=\"ls4f ws7a\"> </span>or<span class=\"ls11 ws7a\"> </span>fair<span class=\"ls19 ws7b\"> </span>value, </span><span style=\"display:inherit;clear:left;\">depend<span class=\"_ _2\"></span>ing on <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _0\"></span>classifica<span class=\"_ _0\"></span>tion of the <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets.<span class=\"_ _0\"></span> The <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sification of <span class=\"_ _0\"></span>financial as<span class=\"_ _0\"></span>sets is <span class=\"_ _0\"></span>based <span class=\"_ _0\"></span>on the b<span class=\"_ _0\"></span>usines<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>within whic<span class=\"_ _2\"></span>h they are held<span class=\"_ _2\"></span> and their<span class=\"_ _2\"></span> contr<span class=\"_ _0\"></span>actual cash \ufb02ow characteristics. All regular way<span class=\"_ _2\"></span> pur<span class=\"_ _0\"></span>chases or sal<span class=\"_ _2\"></span>es </span><span style=\"display:inherit;clear:left;\">of<span class=\"lsac ws8b\"> </span>financial<span class=\"lsb0 ws8b\"> </span>assets<span class=\"ls22 ws8b\"> </span>are<span class=\"ls22 ws8b\"> </span>recognised<span class=\"ls22 ws8b\"> </span>and<span class=\"ls22 ws8b\"> </span>derecognised<span class=\"ls22 ws8b\"> </span>on<span class=\"ls25 ws8e\"> </span>a <span class=\"_ _16\"> </span>tr<span class=\"_ _0\"></span>ade<span class=\"ls23 ws8c\"> </span>dat<span class=\"_ _0\"></span>e<span class=\"ls23 ws8c\"> </span>basis<span class=\"_ _0\"></span>.<span class=\"ls23 ws8c\"> </span>Regular<span class=\"ls22 ws8b\"> </span>way<span class=\"_ _2\"></span><span class=\"ls25 ws8e\"> </span>purchases<span class=\"_ _0\"></span><span class=\"ls22 ws8b\"> <span class=\"ls0 ws0\">or</span><span class=\"lsb0\"> <span class=\"ls0 ws0\">sales</span></span> <span class=\"ls0 ws0\">are </span></span></span><span style=\"display:inherit;clear:left;\">purchases or <span class=\"_ _2\"></span>sales of finan<span class=\"_ _2\"></span>ci<span class=\"_ _0\"></span>al assets t<span class=\"_ _2\"></span>hat require deliver<span class=\"_ _2\"></span>y of <span class=\"_ _2\"></span>assets within the <span class=\"_ _2\"></span>time frame established <span class=\"_ _2\"></span>by regu<span class=\"_ _0\"></span>lation </span><span style=\"display:inherit;clear:left;\">or convention<span class=\"_ _2\"></span> in the marketplace. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>amortised c<span class=\"_ _2\"></span>ost </span><span style=\"display:inherit;clear:left;\">A financial as<span class=\"_ _0\"></span>set which is int<span class=\"_ _2\"></span>ended to hold to ma<span class=\"_ _0\"></span>turity and<span class=\"_ _2\"></span> where the contr<span class=\"_ _0\"></span>actual payments on set due date<span class=\"_ _0\"></span>s consist </span><span style=\"display:inherit;clear:left;\">only of payments <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>princi<span class=\"_ _2\"></span>pal <span class=\"_ _0\"></span>and <span class=\"_ _0\"></span>interest <span class=\"_ _0\"></span>shall <span class=\"_ _0\"></span>be recorded <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>amortised cost <span class=\"_ _0\"></span>unless <span class=\"_ _0\"></span>the instrument is <span class=\"_ _0\"></span>defined<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>air </span><span style=\"display:inherit;clear:left;\">value through profit <span class=\"_ _2\"></span>or loss in acc<span class=\"_ _2\"></span>ordance with t<span class=\"_ _2\"></span>he f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>option. S<span class=\"_ _2\"></span>uch assets are init<span class=\"_ _2\"></span>ially recognised at fair value </span><span style=\"display:inherit;clear:left;\">plus <span class=\"_ _13\"></span>any <span class=\"_ _2\"></span>related <span class=\"_ _13\"></span>transaction <span class=\"_ _13\"></span>costs. <span class=\"_ _13\"></span>After <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>such <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>valued <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>amortised <span class=\"_ _13\"></span>cost </span><span style=\"display:inherit;clear:left;\">based <span class=\"_ _1c\"> </span>on <span class=\"_ _1c\"> </span>the <span class=\"_ _1c\"> </span>e<span class=\"ff72\">ff</span>ective <span class=\"_ _1c\"> </span>interest <span class=\"_ _1c\"> </span>rate, <span class=\"_ _1c\"> </span>less <span class=\"_ _15\"> </span>impairment. <span class=\"_ _17\"> </span>All <span class=\"_ _1c\"> </span>loans <span class=\"_ _1c\"> </span>and <span class=\"_ _1c\"> </span>receivables <span class=\"_ _15\"> </span>of <span class=\"_ _17\"> </span>Fossar <span class=\"_ _1c\"> </span>are <span class=\"_ _1c\"> </span>recognised <span class=\"_ _1c\"> </span>at </span><span style=\"display:inherit;clear:left;\">amortised cost. </span><span style=\"display:inherit;clear:left;\">Financial assets a<span class=\"wsa3\">t </span>f<span class=\"_ _0\"></span>a<span class=\"wsa3\">ir </span>value </span><span style=\"display:inherit;clear:left;\">Debt instruments that <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>held<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>within a <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>model whose objective <span class=\"_ _0\"></span>is both <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>collect <span class=\"_ _0\"></span>the contr<span class=\"_ _0\"></span>actual c<span class=\"_ _0\"></span>ash \ufb02ow<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">and<span class=\"ls11 ws7a\"> </span>to<span class=\"ls11 ws7a\"> </span>sell<span class=\"lsd ws7a\"> </span>the<span class=\"ls11 ws7a\"> </span>d<span class=\"_ _2\"></span>ebt<span class=\"ls11 ws7a\"> </span>instrument<span class=\"_ _2\"></span>s,<span class=\"ls11 ws7a\"> </span>and<span class=\"ls11 ws7a\"> </span>that<span class=\"ls4f ws7a\"> </span>have<span class=\"ls11 ws7a\"> </span>contr<span class=\"_ _0\"></span>actual<span class=\"lsd ws7a\"> </span>cash<span class=\"ls4f ws7a\"> </span>\ufb02ows<span class=\"ls12 ws7b\"> </span>that<span class=\"ls11 ws7a\"> </span>are<span class=\"ls12 ws7b\"> </span>solel<span class=\"_ _2\"></span>y<span class=\"ls11 ws7a\"> </span>payments<span class=\"ls11 ws7a\"> </span>of<span class=\"_ _2\"></span><span class=\"ls4f ws7a\"> </span>principal<span class=\"ls11 ws7a\"> </span>and </span><span style=\"display:inherit;clear:left;\">interest <span class=\"_ _0\"></span>on the <span class=\"_ _0\"></span>principal amount o<span class=\"_ _0\"></span>utstanding<span class=\"_ _2\"></span>, ar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>measured<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>subsequently a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>ai<span class=\"_ _2\"></span>r <span class=\"_ _0\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>through <span class=\"_ _0\"></span>other comprehensive </span><span style=\"display:inherit;clear:left;\">income <span class=\"_ _13\"></span>unless <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>optio<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>applied. <span class=\"_ _2\"></span>All <span class=\"_ _13\"></span>other <span class=\"_ _2\"></span>debt <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>d <span class=\"_ _2\"></span>equity <span class=\"_ _13\"></span>inve<span class=\"_ _0\"></span>stments <span class=\"_ _13\"></span>not <span class=\"_ _2\"></span>measured <span class=\"_ _13\"></span>a<span class=\"_ _0\"></span>t </span><span style=\"display:inherit;clear:left;\">amortised <span class=\"_ _2\"></span>cost are measured <span class=\"_ _2\"></span>subsequently <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value t<span class=\"_ _2\"></span>hrough profit or loss.  Der<span class=\"_ _2\"></span>iva<span class=\"_ _0\"></span>tives are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value </span><span style=\"display:inherit;clear:left;\">through<span class=\"lsb1 ws7d\"> </span>profit<span class=\"ls7f ws89\"> </span>or<span class=\"ls14 ws7d\"> </span>loss,<span class=\"_ _0\"></span><span class=\"ls12 ws7b\"> <span class=\"ls0 ws0\">e<span class=\"_ _0\"></span>xcept<span class=\"_ _2\"></span><span class=\"ls7c ws7d\"> </span>for<span class=\"ls13 ws7c\"> </span>der<span class=\"_ _2\"></span>ivatives<span class=\"ls14 ws7d\"> </span>tha<span class=\"_ _0\"></span>t<span class=\"ls20 ws89\"> </span>have<span class=\"ls14 ws7d\"> </span>b<span class=\"_ _2\"></span>een<span class=\"ls14 ws7d\"> </span>defin<span class=\"_ _2\"></span>ed<span class=\"ls14 ws7d\"> </span>as<span class=\"ls14 ws7d\"> </span>hedging<span class=\"lsb1 ws7d\"> </span>inst<span class=\"_ _2\"></span>ruments<span class=\"ls14 ws7d\"> </span>in<span class=\"_ _2\"></span><span class=\"ls13 ws7c\"> </span>hedge<span class=\"ls14 ws7d\"> </span>acc<span class=\"_ _2\"></span>ounting. </span></span></span><span style=\"display:inherit;clear:left;\">During <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>year <span class=\"_ _13\"></span>ended <span class=\"_ _13\"></span>31 <span class=\"_ _13\"></span>Decemb<span class=\"_ _2\"></span>er <span class=\"_ _2\"></span>2<span class=\"_ _2\"></span>025, <span class=\"_ _2\"></span>th<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>Group <span class=\"_ _13\"></span>hel<span class=\"_ _2\"></span>d <span class=\"_ _13\"></span>debt <span class=\"_ _13\"></span>instruments <span class=\"_ _13\"></span>(bonds)<span class=\"_ _ef\"></span> <span class=\"_ _13\"></span>classified <span class=\"_ _13\"></span>as <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets </span><span style=\"display:inherit;clear:left;\">measured <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>throu<span class=\"_ _2\"></span>gh <span class=\"_ _2\"></span>other <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>prehensive <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>(F<span class=\"_ _2\"></span>V<span class=\"_ _0\"></span>OCI)<span class=\"_ _ef\"></span>. <span class=\"_ _13\"></span>As <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>31 <span class=\"_ _2\"></span>Dece<span class=\"_ _2\"></span>mber <span class=\"_ _2\"></span>202<span class=\"_ _2\"></span>3, t<span class=\"_ _2\"></span>hese <span class=\"_ _2\"></span>instrumen<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">had a<span class=\"_ _2\"></span> carr<span class=\"_ _2\"></span>ying val<span class=\"_ _2\"></span>ue of<span class=\"_ _2\"></span> ISK <span class=\"_ _2\"></span>2.499.612 <span class=\"_ _2\"></span>(2024: <span class=\"_ _2\"></span>2.499.612)<span class=\"_ _ef\"></span>.<span class=\"_ _2\"></span> T<span class=\"_ _2\"></span>he related unrealise<span class=\"_ _2\"></span>d fair <span class=\"_ _2\"></span>value chan<span class=\"_ _2\"></span>ges are reco<span class=\"_ _2\"></span>gnised i<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">other c<span class=\"_ _2\"></span>omprehensive income and<span class=\"_ _2\"></span> accumulated in the F<span class=\"_ _2\"></span>VOC<span class=\"_ _0\"></span>I reserve wit<span class=\"_ _2\"></span>hin equit<span class=\"ls10\">y</span>. <span class=\"_ _2\"></span><span class=\"ff19\"> </span></span><span style=\"display:inherit;clear:left;\">Impairment o<span class=\"_ _2\"></span>f financial asse<span class=\"_ _0\"></span>ts </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group<span class=\"_ _0\"></span>'s loans <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>receivables <span class=\"_ _2\"></span>fall under <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>IFRS <span class=\"_ _2\"></span>9 <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t mo<span class=\"_ _2\"></span>del. <span class=\"_ _2\"></span>Estimates of <span class=\"_ _2\"></span>expected <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>losse<span class=\"_ _0\"></span>s a<span class=\"_ _2\"></span>re </span><span style=\"display:inherit;clear:left;\">updated at each reporting date<span class=\"_ _0\"></span>, and the i<span class=\"_ _2\"></span>mpairment mod<span class=\"_ _2\"></span>el divides financial assets into three stages: </span><span style=\"display:inherit;clear:left;\">Stage 1 </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financ<span class=\"_ _2\"></span>ial <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _13\"></span>recognition, <span class=\"_ _13\"></span>with <span class=\"_ _2\"></span>a <span class=\"_ _13\"></span>few <span class=\"_ _2\"></span>ex<span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>eptions. <span class=\"_ _2\"></span>Ex<span class=\"_ _2\"></span>pected <span class=\"_ _2\"></span>credit <span class=\"_ _13\"></span>los<span class=\"_ _0\"></span>ses <span class=\"_ _2\"></span>are <span class=\"_ _2\"></span>estim<span class=\"_ _2\"></span>a<span class=\"_ _0\"></span>ted <span class=\"_ _2\"></span>based<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">probability of default in the next 12 months from the <span class=\"_ _2\"></span>reporting date<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">Stage 2 </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _13\"></span>significant <span class=\"_ _2\"></span>inc<span class=\"_ _2\"></span>rease <span class=\"_ _2\"></span>in <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>r<span class=\"_ _2\"></span>isk <span class=\"_ _2\"></span>has <span class=\"_ _13\"></span>occurred. <span class=\"_ _13\"></span>Expect<span class=\"_ _0\"></span>ed <span class=\"_ _13\"></span>credit <span class=\"_ _13\"></span>lo<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> <span class=\"_ _13\"></span>are <span class=\"_ _2\"></span>estimated <span class=\"_ _2\"></span>based <span class=\"_ _13\"></span>on <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>probability <span class=\"_ _13\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">Stage 3 </span><span style=\"display:inherit;clear:left;\">There <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>objective <span class=\"_ _18\"> </span>indications <span class=\"_ _18\"> </span>of <span class=\"_ _18\"> </span>impairment.<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>Exp<span class=\"_ _2\"></span>ected <span class=\"_ _18\"> </span>cred<span class=\"_ _2\"></span>it <span class=\"_ _14\"></span>l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>ses <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>estimated <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>p<span class=\"_ _2\"></span>robability <span class=\"_ _14\"></span>of </span><span style=\"display:inherit;clear:left;\">defaul<span class=\"_ _0\"></span>t during the <span class=\"_ _2\"></span>lifetime of <span class=\"_ _2\"></span>the financial asset. </span><span style=\"display:inherit;clear:left;\">All <span class=\"_ _2\"></span>financial <span class=\"_ _2\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _2\"></span>within <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>scope <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>impairmen<span class=\"_ _2\"></span>t <span class=\"_ _2\"></span>model <span class=\"_ _2\"></span>are reco<span class=\"_ _2\"></span>rded at <span class=\"_ _2\"></span>stage 1 <span class=\"_ _2\"></span>at <span class=\"_ _2\"></span>initial <span class=\"_ _2\"></span>recognition, <span class=\"_ _2\"></span>with <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>ception <span class=\"_ _13\"></span>of <span class=\"_ _13\"></span>financial <span class=\"_ _13\"></span>assets <span class=\"_ _13\"></span>that <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>impaired <span class=\"_ _13\"></span>at <span class=\"_ _2\"></span>ini<span class=\"_ _2\"></span>tial <span class=\"_ _13\"></span>recognition <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>finan<span class=\"_ _2\"></span>cial <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ets <span class=\"_ _13\"></span>covered <span class=\"_ _13\"></span>by <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>simplified </span><span style=\"display:inherit;clear:left;\">model <span class=\"_ _2\"></span>of the standard (e<span class=\"_ _0\"></span>.g. trade receivables with payment d<span class=\"_ _2\"></span>ue in less<span class=\"_ _0\"></span> than 12 mon<span class=\"_ _2\"></span>ths). </span><span style=\"display:inherit;clear:left;\">Since <span class=\"_ _2\"></span>there are relatively few receivables <span class=\"_ _2\"></span>(e<span class=\"_ _0\"></span>xcluding insurance contracts for which<span class=\"_ _2\"></span> credit risk is <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>limited), </span><span style=\"display:inherit;clear:left;\">management <span class=\"_ _13\"></span>asse<span class=\"_ _0\"></span>sses <span class=\"_ _2\"></span>expected <span class=\"_ _13\"></span>credit <span class=\"_ _2\"></span>losses <span class=\"_ _2\"></span>separat<span class=\"_ _0\"></span>ely <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>individual<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>receivables. <span class=\"_ _2\"></span>Therefore<span class=\"_ _0\"></span>, <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>es <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">apply <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>presumption <span class=\"_ _13\"></span>that <span class=\"_ _14\"></span>the <span class=\"_ _13\"></span>c<span class=\"_ _2\"></span>redit <span class=\"_ _13\"></span>risk <span class=\"_ _13\"></span>on <span class=\"_ _14\"></span>a <span class=\"_ _13\"></span>financial<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>asset <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>increased <span class=\"_ _14\"></span>significantly<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>since <span class=\"_ _13\"></span>in<span class=\"_ _2\"></span>itial <span class=\"_ _13\"></span>recognition </span><span style=\"display:inherit;clear:left;\">when <span class=\"_ _2\"></span>contr<span class=\"_ _0\"></span>actual <span class=\"_ _2\"></span>payments are more <span class=\"_ _2\"></span>than 30 d<span class=\"_ _2\"></span>ays past d<span class=\"_ _2\"></span>ue and <span class=\"_ _2\"></span>that obje<span class=\"_ _2\"></span>ctive indicators of im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>e<span class=\"_ _0\"></span>xist wh<span class=\"_ _2\"></span>en </span><span style=\"display:inherit;clear:left;\">payments are more than 90 d<span class=\"_ _2\"></span>ays p<span class=\"_ _0\"></span>ast due. </span><span style=\"display:inherit;clear:left;\">If the <span class=\"_ _2\"></span>credit <span class=\"_ _2\"></span>risk of <span class=\"_ _2\"></span>a financ<span class=\"_ _2\"></span>ial asset in <span class=\"_ _2\"></span>level 2<span class=\"_ _2\"></span> or <span class=\"_ _2\"></span>3 decreases <span class=\"_ _2\"></span>and the <span class=\"_ _2\"></span>reasons for thi<span class=\"_ _2\"></span>s <span class=\"_ _2\"></span>are not <span class=\"_ _2\"></span>considered <span class=\"_ _2\"></span>short-term, </span><span style=\"display:inherit;clear:left;\">the relevant financ<span class=\"_ _2\"></span>ial ass<span class=\"_ _0\"></span>et is lowered by a level, i.e<span class=\"_ _1\"></span>. to level 1 or 2 d<span class=\"_ _2\"></span>epending on<span class=\"_ _2\"></span> the circu<span class=\"_ _0\"></span>mstances. </span><span style=\"display:inherit;clear:left;\">Definition of de<span class=\"_ _2\"></span>fau<span class=\"_ _0\"></span>lt </span><span style=\"display:inherit;clear:left;\">Management <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>elieves <span class=\"_ _2\"></span>that o<span class=\"_ _2\"></span>bjective <span class=\"_ _2\"></span>indications <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pairment <span class=\"_ _2\"></span>exist <span class=\"_ _2\"></span>if <span class=\"_ _2\"></span>it <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>onsidered <span class=\"_ _2\"></span>likely <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>debtor <span class=\"_ _2\"></span>will <span class=\"_ _2\"></span>not </span><span style=\"display:inherit;clear:left;\">be <span class=\"_ _14\"></span>able <span class=\"_ _14\"></span>to <span class=\"_ _13\"></span>fu<span class=\"_ _2\"></span>lly <span class=\"_ _13\"></span>meet<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>its <span class=\"_ _14\"></span>obligations <span class=\"_ _13\"></span>to <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>The <span class=\"_ _14\"></span>following <span class=\"_ _13\"></span>are <span class=\"_ _14\"></span>ex<span class=\"_ _0\"></span>amples <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>circumstances <span class=\"_ _14\"></span>where <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>Group </span><span style=\"display:inherit;clear:left;\">believes that object<span class=\"_ _2\"></span>ive indica<span class=\"_ _0\"></span>tions of im<span class=\"_ _2\"></span>pairment exist:   </span><span style=\"display:inherit;clear:left;\">-<span class=\"_ _1c\"> </span>a <span class=\"_ _13\"></span>debtor <span class=\"_ _13\"></span>has <span class=\"_ _13\"></span>applied <span class=\"_ _13\"></span>for <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>ankruptcy<span class=\"_ _1\"></span>, <span class=\"_ _13\"></span>a <span class=\"_ _2\"></span>com<span class=\"_ _2\"></span>pany <span class=\"_ _2\"></span>h<span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>b<span class=\"_ _2\"></span>een <span class=\"_ _13\"></span>deregistered, <span class=\"_ _2\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>if <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>company <span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>o <span class=\"_ _13\"></span>longer <span class=\"_ _13\"></span>opera<span class=\"_ _0\"></span>tes <span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>n <span class=\"_ _13\"></span>a</span><span style=\"display:inherit;clear:left;\">going concer<span class=\"_ _2\"></span>n </span><span style=\"display:inherit;clear:left;\">- <span class=\"_ _0\"></span>it <span class=\"_ _0\"></span>is <span class=\"_ _1\"></span>c<span class=\"_ _2\"></span>onsidered u<span class=\"_ _0\"></span>nlikely <span class=\"_ _0\"></span>that <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>debtor <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>meet his <span class=\"_ _1\"></span>obl<span class=\"_ _2\"></span>igations <span class=\"_ _1\"></span>d<span class=\"_ _2\"></span>ue <span class=\"_ _0\"></span>to <span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>iolations <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the t<span class=\"_ _0\"></span>erms <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>the <span class=\"_ _0\"></span>loan <span class=\"_ _0\"></span>agreement </span><span style=\"display:inherit;clear:left;\">or his financ<span class=\"_ _2\"></span>ial re<span class=\"_ _0\"></span>structuring</span><span style=\"display:inherit;clear:left;\">Final write-o<span class=\"ff73\">f<span class=\"ff74\">f</span></span> of financial assets </span><span style=\"display:inherit;clear:left;\">Receivables are written o<span class=\"ff75\">ff</span> when there is information indicating that the debtor is in severe <span class=\"_ _13\"></span>financial </span><span style=\"display:inherit;clear:left;\">di<span class=\"ff76\">ff</span>iculty and there is no realistic prospect of recovery.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__145": {
   "value": "<span style=\"display:inherit;clear:left;\">39.14 Cust<span class=\"_ _0\"></span>omer rela<span class=\"_ _0\"></span>tionships </span><span style=\"display:inherit;clear:left;\">Customer <span class=\"_ _13\"></span>relationshi<span class=\"_ _2\"></span>ps, <span class=\"_ _13\"></span>recognised<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>upon <span class=\"_ _14\"></span>acq<span class=\"_ _2\"></span>uisition <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>operations, <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ortised <span class=\"_ _14\"></span>over <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>useful <span class=\"_ _14\"></span>life, </span><span style=\"display:inherit;clear:left;\">which is <span class=\"_ _2\"></span>10 y<span class=\"_ _0\"></span>ears.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__144-1": {
   "value": "<span style=\"display:inherit;clear:left;\">39.14 Cust<span class=\"_ _0\"></span>omer rela<span class=\"_ _0\"></span>tionships </span><span style=\"display:inherit;clear:left;\">Customer <span class=\"_ _13\"></span>relationshi<span class=\"_ _2\"></span>ps, <span class=\"_ _13\"></span>recognised<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>upon <span class=\"_ _14\"></span>acq<span class=\"_ _2\"></span>uisition <span class=\"_ _14\"></span>of <span class=\"_ _14\"></span>operations, <span class=\"_ _13\"></span>are <span class=\"_ _13\"></span>am<span class=\"_ _2\"></span>ortised <span class=\"_ _14\"></span>over <span class=\"_ _14\"></span>the <span class=\"_ _14\"></span>estimated <span class=\"_ _14\"></span>useful <span class=\"_ _14\"></span>life, </span><span style=\"display:inherit;clear:left;\">which is <span class=\"_ _2\"></span>10 y<span class=\"_ _0\"></span>ears.</span><span style=\"display:inherit;clear:left;\">39.15 Software </span><span style=\"display:inherit;clear:left;\">Software <span class=\"_\"> </span>is <span class=\"_\"> </span>recognized <span class=\"_\"> </span>at <span class=\"_\"> </span>co<span class=\"_ _0\"></span>st <span class=\"_\"> </span>les<span class=\"_ _0\"></span>s <span class=\"_\"> </span>accumulated <span class=\"_\"> </span>amortisation <span class=\"_\"> </span>and <span class=\"_\"> </span>impairment. <span class=\"_\"> </span>The <span class=\"_\"> </span>cost <span class=\"_\"> </span>price <span class=\"_\"> </span>consists <span class=\"_\"> </span>of <span class=\"_\"> </span>the<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">purchase <span class=\"_ _13\"></span>price <span class=\"_ _13\"></span>and <span class=\"_ _13\"></span>all <span class=\"_ _13\"></span>direct <span class=\"_ _13\"></span>costs <span class=\"_ _13\"></span>ass<span class=\"_ _0\"></span>ociated <span class=\"_ _13\"></span>with <span class=\"_ _13\"></span>getting <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>software <span class=\"_ _13\"></span>into <span class=\"_ _13\"></span>use. <span class=\"_ _13\"></span>Software <span class=\"_ _13\"></span>is <span class=\"_ _13\"></span>amortised<span class=\"_ _2\"></span> <span class=\"_ _13\"></span>using <span class=\"_ _13\"></span>the </span><span style=\"display:inherit;clear:left;\">str<span class=\"_ _0\"></span>aight-line meth<span class=\"_ _2\"></span>od over 3 to10 y<span class=\"_ _0\"></span>ear from the d<span class=\"_ _2\"></span>at<span class=\"_ _0\"></span>e it is taken into use<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__147": {
   "value": "<span style=\"display:inherit;clear:left;\">39.16 Pro<span class=\"_ _0\"></span>perty<span class=\"_ _1\"></span>,<span class=\"_ _0\"></span> plant and equipment </span><span style=\"display:inherit;clear:left;\">Propert<span class=\"ls10\">y</span>, plant and equip<span class=\"_ _2\"></span>ment are r<span class=\"_ _0\"></span>ecognised whe<span class=\"_ _2\"></span>n it is probable that <span class=\"_ _0\"></span>economi<span class=\"_ _2\"></span>c benefits embod<span class=\"_ _2\"></span>ied in the ass<span class=\"_ _0\"></span>et will </span><span style=\"display:inherit;clear:left;\">\ufb02ow t<span class=\"_ _0\"></span>o the <span class=\"_ _0\"></span>Group and <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ts co<span class=\"_ _0\"></span>st can <span class=\"_ _0\"></span>be measur<span class=\"_ _0\"></span>ed reliably<span class=\"_ _1\"></span>. <span class=\"_ _0\"></span>Propert<span class=\"ls10\">y</span>, plant and equipment as<span class=\"_ _0\"></span>sets are<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cognised<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>at <span class=\"_ _0\"></span>cost </span><span style=\"display:inherit;clear:left;\">value less accumul<span class=\"_ _2\"></span>ated deprec<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>tion and im<span class=\"_ _2\"></span>pairment. <span class=\"_ _2\"></span>The cost of proper<span class=\"_ _2\"></span>t<span class=\"ls10\">y</span>, plant <span class=\"_ _2\"></span>and<span class=\"_ _2\"></span> equipment assets consist<span class=\"_ _2\"></span>s of </span><span style=\"display:inherit;clear:left;\">the purchase pric<span class=\"_ _2\"></span>e and all directly <span class=\"_ _2\"></span>attributable cost necessary to make the asset capable of gene<span class=\"_ _2\"></span>r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ting revenue. </span><span style=\"display:inherit;clear:left;\">Propert<span class=\"ls10\">y</span>, plant <span class=\"_ _2\"></span>and equipm<span class=\"_ _2\"></span>ent are recognised at cost less accumulated depreciation and <span class=\"_ _2\"></span>impairment. </span><span style=\"display:inherit;clear:left;\">Depreciation <span class=\"_ _13\"></span>is <span class=\"_ _2\"></span>reco<span class=\"_ _2\"></span>gnised <span class=\"_ _2\"></span>on <span class=\"_ _13\"></span>a <span class=\"_ _13\"></span>s<span class=\"_ _0\"></span>ystematic <span class=\"_ _2\"></span>basis <span class=\"_ _13\"></span>over <span class=\"_ _13\"></span>the <span class=\"_ _2\"></span>expec<span class=\"_ _2\"></span>ted <span class=\"_ _2\"></span>useful <span class=\"_ _13\"></span>life <span class=\"_ _2\"></span>of <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>asset, <span class=\"_ _2\"></span>taking <span class=\"_ _13\"></span>into <span class=\"_ _13\"></span>account <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ts </span><span style=\"display:inherit;clear:left;\">estimated<span class=\"ls1f ws88\"> </span>residual<span class=\"ls2a ws96\"> </span>value<span class=\"_ _0\"></span>.<span class=\"ls1f ws88\"> </span>The<span class=\"ls1f ws88\"> </span>dep<span class=\"_ _2\"></span>recia<span class=\"_ _0\"></span>tion<span class=\"ls1e ws87\"> </span>m<span class=\"_ _2\"></span>ethod<span class=\"ls1e ws87\"> </span>expec<span class=\"_ _2\"></span>ted<span class=\"ls1e ws87\"> </span>useful <span class=\"_ _18\"></span>life<span class=\"ls1f ws88\"> </span>and<span class=\"ls1f ws88\"> </span>residual <span class=\"_ _18\"> </span>value<span class=\"ls1f ws88\"> </span>are<span class=\"ls1f ws88\"> </span>reviewed<span class=\"ls1f ws88\"> </span>at <span class=\"_ _14\"></span>le<span class=\"_ _2\"></span>ast </span><span style=\"display:inherit;clear:left;\">annually<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Gain or loss on the sale of property<span class=\"_ _1\"></span>, plant and equipment are calculated as the di<span class=\"ff77\">ff</span>erence between the sale price </span><span style=\"display:inherit;clear:left;\">and carrying amount. It is recognised in profit or loss as part of other income.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__149": {
   "value": "<span style=\"display:inherit;clear:left;\">39.17 Impairme<span class=\"_ _0\"></span>nt of non-financial as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">At each reporting date<span class=\"_ _1\"></span>, man<span class=\"_ _2\"></span>agement reviews the carryin<span class=\"_ _2\"></span>g amount <span class=\"_ _0\"></span>of tangible and intangib<span class=\"_ _2\"></span>le as<span class=\"_ _0\"></span>sets for indications of </span><span style=\"display:inherit;clear:left;\">impairment. If any such indica<span class=\"_ _0\"></span>tion exis<span class=\"_ _0\"></span>ts, the recove<span class=\"_ _0\"></span>rabl<span class=\"_ _0\"></span>e amount <span class=\"_ _0\"></span>of the ass<span class=\"_ _0\"></span>et is es<span class=\"_ _0\"></span>timated. The recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount </span><span style=\"display:inherit;clear:left;\">of a c<span class=\"_ _2\"></span>ash-gener<span class=\"_ _0\"></span>ating unit to <span class=\"_ _2\"></span>which <span class=\"_ _2\"></span>the asset belo<span class=\"_ _2\"></span>ngs<span class=\"_ _0\"></span> is <span class=\"_ _2\"></span>estimat<span class=\"_ _0\"></span>ed if <span class=\"_ _2\"></span>it is <span class=\"_ _2\"></span>not p<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>sible to test the <span class=\"_ _2\"></span>asset individ<span class=\"_ _2\"></span>ually for </span><span style=\"display:inherit;clear:left;\">impairment. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>recover<span class=\"_ _0\"></span>able amount <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>the h<span class=\"_ _2\"></span>igher <span class=\"_ _2\"></span>of fair value <span class=\"_ _2\"></span>less estimated <span class=\"_ _2\"></span>cost to <span class=\"_ _2\"></span>sell <span class=\"_ _2\"></span>and value <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>use<span class=\"_ _0\"></span>. V<span class=\"_ _0\"></span>alue in<span class=\"_ _2\"></span> use <span class=\"_ _2\"></span>is <span class=\"_ _2\"></span>based<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">on estimated future cash \ufb02ows, discounted at the pre-tax r<span class=\"_ _0\"></span>ate of interest, where the interest r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e re\ufb02ects t<span class=\"_ _2\"></span>he mark<span class=\"_ _0\"></span>et </span><span style=\"display:inherit;clear:left;\">asse<span class=\"_ _0\"></span>ssment of time value o<span class=\"_ _2\"></span>f money<span class=\"_ _2\"></span> at each time and the risk em<span class=\"_ _2\"></span>bodied <span class=\"_ _2\"></span>in the asset. </span><span style=\"display:inherit;clear:left;\">Intangible assets <span class=\"_ _0\"></span>with indefinite <span class=\"_ _0\"></span>useful <span class=\"_ _0\"></span>life and <span class=\"_ _0\"></span>intangible ass<span class=\"_ _0\"></span>ets not <span class=\"_ _0\"></span>ready f<span class=\"_ _0\"></span>or us<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>sted for <span class=\"_ _0\"></span>impairment annually </span><span style=\"display:inherit;clear:left;\">and more often if t<span class=\"_ _2\"></span>here is any indication of im<span class=\"_ _2\"></span>pairment. </span><span style=\"display:inherit;clear:left;\">If <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>recover<span class=\"_ _1\"></span>able <span class=\"_\"> </span>amo<span class=\"_ _0\"></span>unt <span class=\"_ _18\"> </span>o<span class=\"_ _2\"></span>f <span class=\"_ _18\"> </span>an <span class=\"_ _18\"> </span>asset <span class=\"_ _18\"> </span>is <span class=\"_ _16\"> </span>low<span class=\"_ _0\"></span>er <span class=\"_ _18\"> </span>than <span class=\"_ _16\"> </span>its <span class=\"_ _18\"> </span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _18\"> </span>amount<span class=\"_ _2\"></span>, <span class=\"_ _18\"></span>the <span class=\"_ _18\"> </span>carr<span class=\"_ _2\"></span>ying <span class=\"_ _18\"> </span>am<span class=\"_ _2\"></span>ount <span class=\"_ _18\"> </span>is <span class=\"_ _18\"> </span>reduced<span class=\"_ _2\"></span> <span class=\"_ _18\"> </span>to <span class=\"_ _18\"> </span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">recover<span class=\"_ _1\"></span>ab<span class=\"_ _2\"></span>le amount. Impairment l<span class=\"_ _2\"></span>os<span class=\"_ _0\"></span>s is recognised in <span class=\"_ _2\"></span>pr<span class=\"_ _0\"></span>ofit or loss. </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _16\"> </span>recovery <span class=\"_\"> </span>of <span class=\"_ _18\"> </span>the <span class=\"_ _16\"> </span>asset, <span class=\"_ _16\"> </span>su<span class=\"_ _0\"></span>bsequent <span class=\"_ _16\"> </span>to <span class=\"_ _16\"> </span>impairment <span class=\"_ _16\"> </span>recognition, <span class=\"_\"> </span>is <span class=\"_ _16\"> </span>r<span class=\"_ _0\"></span>eversed. <span class=\"_ _18\"> </span>H<span class=\"_ _2\"></span>ow<span class=\"_ _0\"></span>ever<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>reversal <span class=\"_ _16\"> </span>is <span class=\"_ _18\"> </span>li<span class=\"_ _2\"></span>mited <span class=\"_ _16\"> </span>to <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>asset <span class=\"_ _14\"></span>not <span class=\"_ _14\"></span>being <span class=\"_ _18\"> </span>recognised <span class=\"_ _14\"></span>at <span class=\"_ _18\"> </span>an <span class=\"_ _18\"></span>amount <span class=\"_ _14\"></span>higher <span class=\"_ _18\"></span>than <span class=\"_ _14\"></span>it<span class=\"_ _2\"></span>s <span class=\"_ _14\"></span>carry<span class=\"_ _2\"></span>ing <span class=\"_ _14\"></span>amount <span class=\"_ _14\"></span>prior<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>to <span class=\"_ _18\"></span>the <span class=\"_ _14\"></span>impairment </span><span style=\"display:inherit;clear:left;\">recognition. <span class=\"_ _2\"></span>Revers<span class=\"_ _0\"></span>al of impairment of <span class=\"_ _2\"></span>goodwill is prohibited.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__151": {
   "value": "<span style=\"display:inherit;clear:left;\">39.18 Financi<span class=\"_ _0\"></span>al liabilitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Financial liabilit<span class=\"_ _2\"></span>ies are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>upon in<span class=\"_ _2\"></span>itial recogniti<span class=\"_ _2\"></span>on. T<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>action c<span class=\"_ _2\"></span>osts that are d<span class=\"_ _2\"></span>irectly attributable </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _0\"></span>the pur<span class=\"_ _0\"></span>chase or <span class=\"_ _0\"></span>issuance <span class=\"_ _0\"></span>of financial li<span class=\"_ _0\"></span>abilities that <span class=\"_ _0\"></span>are not <span class=\"_ _0\"></span>recognized a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>value thro<span class=\"_ _0\"></span>ugh profit <span class=\"_ _0\"></span>or los<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>added </span><span style=\"display:inherit;clear:left;\">to or ded<span class=\"_ _2\"></span>ucted from fair v<span class=\"_ _0\"></span>alue at initial recogni<span class=\"_ _2\"></span>tion as appropriate<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _1\"></span>ransaction costs in respect<span class=\"_ _2\"></span> of financial liabili<span class=\"_ _2\"></span>tie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">that are recognised at fair value through profit or loss are immediately recognised in pro<span class=\"_ _2\"></span>fit or loss. </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _18\"> </span>liabilities <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>valued <span class=\"_ _18\"></span>at <span class=\"_ _14\"></span>amortised <span class=\"_ _18\"> </span>cost <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>e<span class=\"ff78\">ff</span>ective <span class=\"_ _18\"> </span>interest <span class=\"_ _18\"> </span>rate. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"> </span>Group <span class=\"_ _18\"> </span>derecognises <span class=\"_\"> </span>fi</span><span style=\"display:inherit;clear:left;\">financial <span class=\"_\"> </span>liabilities <span class=\"_ _18\"> </span>only <span class=\"_\"> </span>when <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>obligation <span class=\"_ _16\"> </span>associated <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>them <span class=\"_\"> </span>no <span class=\"_ _16\"> </span>longer <span class=\"_\"> </span>exists. <span class=\"_ _18\"> </span>Gains <span class=\"_\"> </span>or <span class=\"_ _16\"> </span>losses <span class=\"_\"> </span>due <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>the </span><span style=\"display:inherit;clear:left;\">derecognition are recorded in profit or loss.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__150": {
   "value": "<span style=\"display:inherit;clear:left;\">39.18 Financi<span class=\"_ _0\"></span>al liabilitie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">Financial liabilit<span class=\"_ _2\"></span>ies are recorded <span class=\"_ _2\"></span>at f<span class=\"_ _0\"></span>air value <span class=\"_ _2\"></span>upon in<span class=\"_ _2\"></span>itial recogniti<span class=\"_ _2\"></span>on. T<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>action c<span class=\"_ _2\"></span>osts that are d<span class=\"_ _2\"></span>irectly attributable </span><span style=\"display:inherit;clear:left;\">to <span class=\"_ _0\"></span>the pur<span class=\"_ _0\"></span>chase or <span class=\"_ _0\"></span>issuance <span class=\"_ _0\"></span>of financial li<span class=\"_ _0\"></span>abilities that <span class=\"_ _0\"></span>are not <span class=\"_ _0\"></span>recognized a<span class=\"_ _0\"></span>t f<span class=\"_ _1\"></span>air<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>value thro<span class=\"_ _0\"></span>ugh profit <span class=\"_ _0\"></span>or los<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>are <span class=\"_ _0\"></span>added </span><span style=\"display:inherit;clear:left;\">to or ded<span class=\"_ _2\"></span>ucted from fair v<span class=\"_ _0\"></span>alue at initial recogni<span class=\"_ _2\"></span>tion as appropriate<span class=\"_ _1\"></span>. <span class=\"_ _2\"></span>T<span class=\"_ _1\"></span>ransaction costs in respect<span class=\"_ _2\"></span> of financial liabili<span class=\"_ _2\"></span>tie<span class=\"_ _0\"></span>s </span><span style=\"display:inherit;clear:left;\">that are recognised at fair value through profit or loss are immediately recognised in pro<span class=\"_ _2\"></span>fit or loss. </span><span style=\"display:inherit;clear:left;\">Financial <span class=\"_ _18\"> </span>liabilities <span class=\"_ _18\"> </span>are <span class=\"_ _18\"></span>valued <span class=\"_ _18\"></span>at <span class=\"_ _14\"></span>amortised <span class=\"_ _18\"> </span>cost <span class=\"_ _18\"> </span>based <span class=\"_ _18\"> </span>on <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>e<span class=\"ff78\">ff</span>ective <span class=\"_ _18\"> </span>interest <span class=\"_ _18\"> </span>rate. <span class=\"_ _18\"> </span>The <span class=\"_ _18\"> </span>Group <span class=\"_ _18\"> </span>derecognises <span class=\"_\"> </span>fi</span><span style=\"display:inherit;clear:left;\">financial <span class=\"_\"> </span>liabilities <span class=\"_ _18\"> </span>only <span class=\"_\"> </span>when <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>obligation <span class=\"_ _16\"> </span>associated <span class=\"_\"> </span>with <span class=\"_ _18\"> </span>them <span class=\"_\"> </span>no <span class=\"_ _16\"> </span>longer <span class=\"_\"> </span>exists. <span class=\"_ _18\"> </span>Gains <span class=\"_\"> </span>or <span class=\"_ _16\"> </span>losses <span class=\"_\"> </span>due <span class=\"_ _18\"> </span>to <span class=\"_\"> </span>the </span><span style=\"display:inherit;clear:left;\">derecognition are recorded in profit or loss.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__152": {
   "value": "<span style=\"display:inherit;clear:left;\">39.19 Equity inst<span class=\"_ _0\"></span>ruments </span><span style=\"display:inherit;clear:left;\">An <span class=\"_ _2\"></span>equity<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>instrument <span class=\"_ _2\"></span>is <span class=\"_ _13\"></span>a c<span class=\"_ _2\"></span>ontract <span class=\"_ _2\"></span>that <span class=\"_ _2\"></span>evidences <span class=\"_ _2\"></span>residual <span class=\"_ _13\"></span>intere<span class=\"_ _0\"></span>sts <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>assets <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _2\"></span>Group <span class=\"_ _2\"></span>after <span class=\"_ _2\"></span>ded<span class=\"_ _2\"></span>uction <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>all <span class=\"_ _13\"></span>its </span><span style=\"display:inherit;clear:left;\">liabilities. Equity instrumen<span class=\"_ _2\"></span>ts is<span class=\"_ _0\"></span>sued by the Group are recorded at cost less the direct costs of their issuance<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">P<span class=\"_ _0\"></span>urchases of <span class=\"_ _2\"></span>own <span class=\"_ _2\"></span>shares<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>are recognised <span class=\"_ _2\"></span>as <span class=\"_ _2\"></span>a reduction <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>total share <span class=\"_ _2\"></span>capital. No <span class=\"_ _2\"></span>gains <span class=\"_ _2\"></span>or losses are <span class=\"_ _2\"></span>recognised </span><span style=\"display:inherit;clear:left;\">through profit or loss<span class=\"_ _0\"></span> due to t<span class=\"_ _2\"></span>he purchase<span class=\"_ _1\"></span>, <span class=\"_ _2\"></span>sale or issuance of own shares<span class=\"_ _0\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__153": {
   "value": "<span style=\"display:inherit;clear:left;\">39.20 Pro<span class=\"_ _1\"></span>v<span class=\"_ _2\"></span>isions<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _14\"></span>recognised <span class=\"_ _18\"></span>when <span class=\"_ _14\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _14\"></span>Group <span class=\"_ _14\"></span>has <span class=\"_ _18\"></span>a <span class=\"_ _14\"></span>legal <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>r <span class=\"_ _14\"></span>constr<span class=\"_ _2\"></span>uctive <span class=\"_ _14\"></span>obligation <span class=\"_ _14\"></span>due <span class=\"_ _18\"> </span>to <span class=\"_ _14\"></span>a <span class=\"_ _18\"> </span>past <span class=\"_ _14\"></span>event, <span class=\"_ _18\"> </span>payment <span class=\"_ _14\"></span>is </span><span style=\"display:inherit;clear:left;\">probable<span class=\"_ _0\"></span>, and the <span class=\"_ _2\"></span>amount of the obl<span class=\"_ _2\"></span>igation can be reliably determined. </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _18\"> </span>amount <span class=\"_ _14\"></span>of <span class=\"_ _18\"> </span>the <span class=\"_ _18\"> </span>provision <span class=\"_ _18\"> </span>is <span class=\"_ _18\"></span>based <span class=\"_ _14\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>best <span class=\"_ _14\"></span>p<span class=\"_ _2\"></span>ossible <span class=\"_ _14\"></span>estimation <span class=\"_ _18\"> </span>of <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>l<span class=\"_ _2\"></span>iability <span class=\"_ _18\"> </span>at <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>reporting <span class=\"_ _18\"> </span>date<span class=\"_ _0\"></span>. <span class=\"_ _14\"></span>If <span class=\"_ _18\"> </span>the </span><span style=\"display:inherit;clear:left;\">amount of the provision is based<span class=\"_ _2\"></span> on estimated future cash \ufb02ow<span class=\"_ _0\"></span>s, it is recognised at present value<span class=\"_ _0\"></span>. </span><span style=\"display:inherit;clear:left;\">If the p<span class=\"_ _2\"></span>ro<span class=\"_ _0\"></span>vision is recoverabl<span class=\"_ _0\"></span>e from a third party<span class=\"_ _1\"></span>, the recover<span class=\"_ _0\"></span>able amount is recognise<span class=\"_ _2\"></span>d as an asset.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__155": {
   "value": "<span style=\"display:inherit;clear:left;\">39.21 Leases<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group assesses wh<span class=\"_ _2\"></span>ether <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>contract i<span class=\"_ _2\"></span>s or <span class=\"_ _2\"></span>con<span class=\"_ _2\"></span>tains <span class=\"_ _2\"></span>a l<span class=\"_ _2\"></span>ease<span class=\"_ _0\"></span>, at <span class=\"_ _2\"></span>incep<span class=\"_ _2\"></span>tion <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>contract. Th<span class=\"_ _2\"></span>e Group <span class=\"_ _2\"></span>recognises <span class=\"_ _2\"></span>a </span><span style=\"display:inherit;clear:left;\">right-o<span class=\"_ _2\"></span>f-use as<span class=\"_ _0\"></span>set and a c<span class=\"_ _2\"></span>orresponding <span class=\"_ _2\"></span>lease liability <span class=\"_ _2\"></span>with res<span class=\"_ _0\"></span>pect to all lea<span class=\"_ _2\"></span>se arr<span class=\"_ _0\"></span>angemen<span class=\"_ _2\"></span>ts in which i<span class=\"_ _2\"></span>t is the lessee<span class=\"_ _0\"></span>, </span><span style=\"display:inherit;clear:left;\">ex<span class=\"_ _0\"></span>cept <span class=\"_ _0\"></span>for <span class=\"_ _1\"></span>sh<span class=\"_ _2\"></span>ort-term <span class=\"_ _1\"></span>l<span class=\"_ _2\"></span>eases <span class=\"_ _0\"></span>(defined <span class=\"_ _0\"></span>as <span class=\"_ _1\"></span>leases with <span class=\"_ _1\"></span>a lease <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erm <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>12 <span class=\"_ _1\"></span>mo<span class=\"_ _2\"></span>nths <span class=\"_ _1\"></span>or<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>less) <span class=\"_ _1\"></span>and leases <span class=\"_ _1\"></span>of <span class=\"_ _0\"></span>low <span class=\"_ _0\"></span>value <span class=\"_ _1\"></span>asset<span class=\"_ _2\"></span>s.<span class=\"_ _0\"></span>  </span><span style=\"display:inherit;clear:left;\">The<span class=\"ls28 ws91\"> </span>lease<span class=\"ls27 ws90\"> </span>l<span class=\"_ _2\"></span>iability<span class=\"ls27 ws90\"> </span>is<span class=\"ls28 ws91\"> </span>initially<span class=\"lsb2 ws91\"> </span>measured<span class=\"ls28 ws91\"> </span>at<span class=\"ls28 ws91\"> </span>the<span class=\"ls27 ws90\"> </span>present<span class=\"lsb3 ws90\"> </span>value<span class=\"lsb4 ws236\"> </span>of<span class=\"lsb5 ws91\"> </span>the<span class=\"ls28 ws91\"> </span>lease<span class=\"ls28 ws91\"> </span>payments<span class=\"ls28 ws91\"> </span>that<span class=\"lsb6 ws91\"> </span>are<span class=\"ls28 ws91\"> </span>not<span class=\"lsb6 ws91\"> </span>paid<span class=\"ls28 ws91\"> </span>at<span class=\"lsb6 ws91\"> </span>the </span><span style=\"display:inherit;clear:left;\">commen<span class=\"_ _2\"></span>cement <span class=\"_ _13\"></span>date<span class=\"_ _1\"></span>.<span class=\"ls14 ws7d\"> </span>For <span class=\"_ _13\"></span>discounting <span class=\"_ _13\"></span>the <span class=\"_ _13\"></span>Group<span class=\"ls8e ws7c\"> </span>uses <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ts <span class=\"_ _13\"></span>incremental <span class=\"_ _13\"></span>borrowing <span class=\"_ _13\"></span>r<span class=\"_ _1\"></span>at<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>hen <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he <span class=\"_ _13\"></span>r<span class=\"_ _0\"></span>ate <span class=\"_ _2\"></span>impl<span class=\"_ _2\"></span>icit <span class=\"_ _13\"></span>in <span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>he </span><span style=\"display:inherit;clear:left;\">lease cannot<span class=\"_ _2\"></span> be readily determined<span class=\"_ _2\"></span>. </span><span style=\"display:inherit;clear:left;\">The lease liability is subsequently measured by increasing the carrying amount to re<span class=\"_ _2\"></span>flect interest on the lease </span><span style=\"display:inherit;clear:left;\">liability (using the e<span class=\"ff79\">ff</span>ective interest method) and by reducing the carrying amount to re<span class=\"_ _2\"></span>flect the lease payments </span><span style=\"display:inherit;clear:left;\">made.  </span><span style=\"display:inherit;clear:left;\">Right-of-use assets <span class=\"_ _2\"></span>are depreciated <span class=\"wsa8\">over <span class=\"wsaa\">the </span></span>shorter <span class=\"_ _2\"></span>period of lease <span class=\"_ _2\"></span>term <span class=\"wsa3\">and <span class=\"wsa8\">useful life </span></span>of the <span class=\"_ _2\"></span>underlying asset.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__156": {
   "value": "<span style=\"display:inherit;clear:left;\">39.22 Earning<span class=\"_ _0\"></span>s per share<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">The <span class=\"_ _2\"></span>Group presents <span class=\"_ _2\"></span>basic <span class=\"_ _2\"></span>earnin<span class=\"_ _2\"></span>gs<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>share and <span class=\"_ _2\"></span>dil<span class=\"_ _2\"></span>uted <span class=\"_ _2\"></span>earnings per<span class=\"_ _2\"></span> share <span class=\"_ _2\"></span>for <span class=\"_ _2\"></span>ordinary <span class=\"_ _2\"></span>shares in<span class=\"_ _2\"></span> the <span class=\"_ _2\"></span>statemen<span class=\"_ _2\"></span>t o<span class=\"_ _2\"></span>f </span><span style=\"display:inherit;clear:left;\">profit <span class=\"_\"> </span>or <span class=\"_\"> </span>loss. <span class=\"_\"> </span>Basic <span class=\"_\"> </span>earnin<span class=\"_ _2\"></span>gs <span class=\"_\"> </span>per <span class=\"_\"> </span>share <span class=\"_\"> </span>are <span class=\"_\"> </span>calculated <span class=\"_\"> </span>as <span class=\"_\"> </span>a <span class=\"_ _17\"> </span>percentage <span class=\"_\"> </span>of <span class=\"_ _17\"> </span>the <span class=\"_\"> </span>profit <span class=\"_\"> </span>allocated <span class=\"_\"> </span>to <span class=\"_\"> </span>the <span class=\"_\"> </span>o<span class=\"_ _2\"></span>rdinary </span><span style=\"display:inherit;clear:left;\">shareholders <span class=\"_ _14\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _14\"></span>the <span class=\"_ _18\"> </span>company<span class=\"_ _1\"></span>, <span class=\"_ _18\"> </span>and <span class=\"_ _18\"></span>the <span class=\"_ _18\"></span>weighted <span class=\"_ _18\"></span>aver<span class=\"_ _1\"></span>a<span class=\"_ _2\"></span>ge <span class=\"_ _14\"></span>numb<span class=\"_ _2\"></span>er <span class=\"_ _14\"></span>o<span class=\"_ _2\"></span>f <span class=\"_ _14\"></span>ordinar<span class=\"_ _2\"></span>y <span class=\"_ _14\"></span>shares <span class=\"_ _18\"> </span>outstanding <span class=\"_ _18\"></span>during <span class=\"_ _18\"> </span>the <span class=\"_ _18\"></span>year<span class=\"_ _1\"></span>. </span><span style=\"display:inherit;clear:left;\">Diluted earnings per share a<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>calculated by <span class=\"_ _0\"></span>taking into accou<span class=\"_ _0\"></span>nt all shar<span class=\"_ _0\"></span>es, whether iss<span class=\"_ _0\"></span>ued or potential s<span class=\"_ _0\"></span>hares a<span class=\"_ _0\"></span>t the </span><span style=\"display:inherit;clear:left;\">reporting date<span class=\"_ _0\"></span>, such as share <span class=\"_ _2\"></span>options gr<span class=\"_ _0\"></span>anted to employees.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__159": {
   "value": "<span style=\"display:inherit;clear:left;\">39.23 New stan<span class=\"_ _0\"></span>dards<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>erpreta<span class=\"_ _0\"></span>tions and amen<span class=\"_ _0\"></span>dme<span class=\"_ _0\"></span>nts to stand<span class=\"_ _0\"></span>ards </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>number <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>new <span class=\"_ _14\"></span>accounting <span class=\"_ _18\"> </span>standards <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>e<span class=\"ff7a\">ff</span>ective <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>annual <span class=\"_ _14\"></span>reporting <span class=\"_ _18\"></span>periods <span class=\"_ _14\"></span>beginning <span class=\"_ _18\"></span>after <span class=\"_ _14\"></span>1 <span class=\"_ _14\"></span>January <span class=\"_ _18\"> </span>2025 </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _16\"> </span>earlier <span class=\"_ _16\"> </span>application <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>permitted. <span class=\"_ _16\"> </span>However<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Group <span class=\"_ _16\"> </span>has <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>early <span class=\"_\"> </span>adopted <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>following <span class=\"_ _16\"> </span>new <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>amended </span><span style=\"display:inherit;clear:left;\">accounting standards in preparing these consolidated fi<span class=\"_ _2\"></span>nancial statements.  </span><span style=\"display:inherit;clear:left;\">IFRS 18 Presentation and D<span class=\"_ _2\"></span>iscl<span class=\"_ _0\"></span>osure in Financial Statements </span><span style=\"display:inherit;clear:left;\">IFRS 18 <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>replace IAS 1 <span class=\"_ _1\"></span><span class=\"ff11\">Presentation <span class=\"_ _0\"></span>of Fi<span class=\"_ _0\"></span>nancial Statements <span class=\"_ _0\"></span><span class=\"ff4\">and applies <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>annual reporting periods <span class=\"_ _0\"></span>beginning on </span></span></span><span style=\"display:inherit;clear:left;\">or after 1 J<span class=\"_ _2\"></span>anuary 202<span class=\"_ _2\"></span>7. The new <span class=\"_ _2\"></span>accounting standard introduc<span class=\"_ _2\"></span>es the following k<span class=\"_ _0\"></span>ey new req<span class=\"_ _2\"></span>uirements: </span><span style=\"display:inherit;clear:left;\">Entities <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>req<span class=\"_ _2\"></span>uired <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>classify all <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome <span class=\"_ _0\"></span>and e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _0\"></span>five <span class=\"_ _1\"></span>categories in <span class=\"_ _1\"></span>the statement of <span class=\"_ _1\"></span>profit or <span class=\"_ _1\"></span>loss, </span><span style=\"display:inherit;clear:left;\">namely <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>per<span class=\"_ _0\"></span>ating, investing, <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g, d<span class=\"_ _2\"></span>iscontinued operations and <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>tax categories<span class=\"_ _0\"></span>. Entit<span class=\"_ _2\"></span>ies are </span><span style=\"display:inherit;clear:left;\">also required to present a newly-<span class=\"_ _2\"></span>defined<span class=\"_ _2\"></span> oper<span class=\"_ _1\"></span>ating p<span class=\"_ _2\"></span>rofit s<span class=\"_ _0\"></span>ubtotal. Entities\u00b4 net<span class=\"_ _2\"></span> profit will not chan<span class=\"_ _2\"></span>ge<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Management-<span class=\"_ _2\"></span>defined <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>measures <span class=\"_ _15\"> </span>(MPMs)<span class=\"_ _2\"></span> <span class=\"_ _15\"> </span>are <span class=\"_ _15\"> </span>disclosed <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>a <span class=\"_ _8\"> </span>single <span class=\"_ _15\"> </span>note <span class=\"_ _8\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>financ<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>l </span><span style=\"display:inherit;clear:left;\">statements.  </span><span style=\"display:inherit;clear:left;\">Enhanced <span class=\"_ _2\"></span>guidance is provided <span class=\"_ _2\"></span>on how to gro<span class=\"_ _0\"></span>up information in the<span class=\"_ _2\"></span> financial statements. </span><span style=\"display:inherit;clear:left;\">In addition, all entities a<span class=\"_ _0\"></span>re required t<span class=\"_ _0\"></span>o use the oper<span class=\"_ _0\"></span>ating <span class=\"_ _0\"></span>profit subt<span class=\"_ _0\"></span>otal as the starting point for <span class=\"_ _0\"></span>the stat<span class=\"_ _0\"></span>ement of cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows when presenting operating cash \ufb02ows under the in<span class=\"_ _2\"></span>direct method.  </span><span style=\"display:inherit;clear:left;\">The Group is still in the proce<span class=\"_ _0\"></span>ss of as<span class=\"_ _0\"></span>sessing the impact of the new acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nting standard, particularly wit<span class=\"_ _2\"></span>h re<span class=\"_ _0\"></span>spect to </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>structure <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>ps\u00b4 <span class=\"_ _2\"></span>statement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>sta<span class=\"_ _0\"></span>tement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ows, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>additio<span class=\"_ _2\"></span>nal <span class=\"_ _2\"></span>disclosure<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">required <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>MPMs. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Group <span class=\"_ _1\"></span>is also <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>essing <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>how information <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>grouped in <span class=\"_ _1\"></span>the financial <span class=\"_ _0\"></span>statements, </span><span style=\"display:inherit;clear:left;\">including for items currently labelled<span class=\"_ _2\"></span> as <span class=\"ff11\">other<span class=\"_ _0\"></span>. <span class=\"ff4\"> </span></span></span><span style=\"display:inherit;clear:left;\">Other accounting standa<span class=\"_ _2\"></span>rds </span><span style=\"display:inherit;clear:left;\">The following new and<span class=\"_ _0\"></span> amended accounting standards ar<span class=\"_ _1\"></span>e not<span class=\"_ _2\"></span> e<span class=\"_ _0\"></span>xpected to have <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ignificant impact on the Grou<span class=\"_ _0\"></span>p\u00b4s </span><span style=\"display:inherit;clear:left;\">consolidated financ<span class=\"_ _2\"></span>ial stat<span class=\"_ _0\"></span>ements: </span><span style=\"display:inherit;clear:left;\">Classification and Measurement of Financial Instrument<span class=\"_ _2\"></span>s (Amendments to <span class=\"_ _2\"></span>IFRS 9 and IF<span class=\"_ _2\"></span>RS 7) </span><span style=\"display:inherit;clear:left;\">Contracts Refer<span class=\"_ _0\"></span>encing Nature-<span class=\"_ _2\"></span>dependent Electricit<span class=\"_ _2\"></span>y (Amend<span class=\"_ _2\"></span>ments to IFRS 9 and IFRS <span class=\"_ _2\"></span>7)</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f0__s6__6__157": {
   "value": "<span style=\"display:inherit;clear:left;\">39.23 New stan<span class=\"_ _0\"></span>dards<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>erpreta<span class=\"_ _0\"></span>tions and amen<span class=\"_ _0\"></span>dme<span class=\"_ _0\"></span>nts to stand<span class=\"_ _0\"></span>ards </span><span style=\"display:inherit;clear:left;\">A <span class=\"_ _14\"></span>number <span class=\"_ _18\"></span>of <span class=\"_ _14\"></span>new <span class=\"_ _14\"></span>accounting <span class=\"_ _18\"> </span>standards <span class=\"_ _14\"></span>are <span class=\"_ _18\"> </span>e<span class=\"ff7a\">ff</span>ective <span class=\"_ _14\"></span>for <span class=\"_ _18\"></span>annual <span class=\"_ _14\"></span>reporting <span class=\"_ _18\"></span>periods <span class=\"_ _14\"></span>beginning <span class=\"_ _18\"></span>after <span class=\"_ _14\"></span>1 <span class=\"_ _14\"></span>January <span class=\"_ _18\"> </span>2025 </span><span style=\"display:inherit;clear:left;\">and <span class=\"_ _16\"> </span>earlier <span class=\"_ _16\"> </span>application <span class=\"_ _16\"> </span>is <span class=\"_ _16\"> </span>permitted. <span class=\"_ _16\"> </span>However<span class=\"_ _1\"></span>, <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>Group <span class=\"_ _16\"> </span>has <span class=\"_ _16\"> </span>not <span class=\"_ _18\"> </span>early <span class=\"_\"> </span>adopted <span class=\"_ _16\"> </span>the <span class=\"_ _16\"> </span>following <span class=\"_ _16\"> </span>new <span class=\"_ _16\"> </span>or <span class=\"_ _16\"> </span>amended </span><span style=\"display:inherit;clear:left;\">accounting standards in preparing these consolidated fi<span class=\"_ _2\"></span>nancial statements.  </span><span style=\"display:inherit;clear:left;\">IFRS 18 Presentation and D<span class=\"_ _2\"></span>iscl<span class=\"_ _0\"></span>osure in Financial Statements </span><span style=\"display:inherit;clear:left;\">IFRS 18 <span class=\"_ _0\"></span>will <span class=\"_ _0\"></span>replace IAS 1 <span class=\"_ _1\"></span><span class=\"ff11\">Presentation <span class=\"_ _0\"></span>of Fi<span class=\"_ _0\"></span>nancial Statements <span class=\"_ _0\"></span><span class=\"ff4\">and applies <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>annual reporting periods <span class=\"_ _0\"></span>beginning on </span></span></span><span style=\"display:inherit;clear:left;\">or after 1 J<span class=\"_ _2\"></span>anuary 202<span class=\"_ _2\"></span>7. The new <span class=\"_ _2\"></span>accounting standard introduc<span class=\"_ _2\"></span>es the following k<span class=\"_ _0\"></span>ey new req<span class=\"_ _2\"></span>uirements: </span><span style=\"display:inherit;clear:left;\">Entities <span class=\"_ _0\"></span>are <span class=\"_ _1\"></span>req<span class=\"_ _2\"></span>uired <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>classify all <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>ncome <span class=\"_ _0\"></span>and e<span class=\"_ _1\"></span>x<span class=\"_ _2\"></span>penses <span class=\"_ _1\"></span>i<span class=\"_ _2\"></span>nto <span class=\"_ _0\"></span>five <span class=\"_ _1\"></span>categories in <span class=\"_ _1\"></span>the statement of <span class=\"_ _1\"></span>profit or <span class=\"_ _1\"></span>loss, </span><span style=\"display:inherit;clear:left;\">namely <span class=\"_ _2\"></span>the o<span class=\"_ _2\"></span>per<span class=\"_ _0\"></span>ating, investing, <span class=\"_ _2\"></span>financin<span class=\"_ _2\"></span>g, d<span class=\"_ _2\"></span>iscontinued operations and <span class=\"_ _2\"></span>income <span class=\"_ _2\"></span>tax categories<span class=\"_ _0\"></span>. Entit<span class=\"_ _2\"></span>ies are </span><span style=\"display:inherit;clear:left;\">also required to present a newly-<span class=\"_ _2\"></span>defined<span class=\"_ _2\"></span> oper<span class=\"_ _1\"></span>ating p<span class=\"_ _2\"></span>rofit s<span class=\"_ _0\"></span>ubtotal. Entities\u00b4 net<span class=\"_ _2\"></span> profit will not chan<span class=\"_ _2\"></span>ge<span class=\"_ _0\"></span>.  </span><span style=\"display:inherit;clear:left;\">Management-<span class=\"_ _2\"></span>defined <span class=\"_ _8\"> </span>performance <span class=\"_ _15\"> </span>measures <span class=\"_ _15\"> </span>(MPMs)<span class=\"_ _2\"></span> <span class=\"_ _15\"> </span>are <span class=\"_ _15\"> </span>disclosed <span class=\"_ _15\"> </span>in <span class=\"_ _15\"> </span>a <span class=\"_ _8\"> </span>single <span class=\"_ _15\"> </span>note <span class=\"_ _8\"> </span>in <span class=\"_ _15\"> </span>the <span class=\"_ _15\"> </span>financ<span class=\"_ _2\"></span>ia<span class=\"_ _0\"></span>l </span><span style=\"display:inherit;clear:left;\">statements.  </span><span style=\"display:inherit;clear:left;\">Enhanced <span class=\"_ _2\"></span>guidance is provided <span class=\"_ _2\"></span>on how to gro<span class=\"_ _0\"></span>up information in the<span class=\"_ _2\"></span> financial statements. </span><span style=\"display:inherit;clear:left;\">In addition, all entities a<span class=\"_ _0\"></span>re required t<span class=\"_ _0\"></span>o use the oper<span class=\"_ _0\"></span>ating <span class=\"_ _0\"></span>profit subt<span class=\"_ _0\"></span>otal as the starting point for <span class=\"_ _0\"></span>the stat<span class=\"_ _0\"></span>ement of cash </span><span style=\"display:inherit;clear:left;\">\ufb02ows when presenting operating cash \ufb02ows under the in<span class=\"_ _2\"></span>direct method.  </span><span style=\"display:inherit;clear:left;\">The Group is still in the proce<span class=\"_ _0\"></span>ss of as<span class=\"_ _0\"></span>sessing the impact of the new acc<span class=\"_ _2\"></span>ou<span class=\"_ _0\"></span>nting standard, particularly wit<span class=\"_ _2\"></span>h re<span class=\"_ _0\"></span>spect to </span><span style=\"display:inherit;clear:left;\">the <span class=\"_ _2\"></span>structure <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>Grou<span class=\"_ _0\"></span>ps\u00b4 <span class=\"_ _2\"></span>statement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>profit <span class=\"_ _2\"></span>or <span class=\"_ _2\"></span>loss<span class=\"_ _0\"></span>, <span class=\"_ _2\"></span>the <span class=\"_ _13\"></span>sta<span class=\"_ _0\"></span>tement <span class=\"_ _2\"></span>of <span class=\"_ _2\"></span>cash <span class=\"_ _2\"></span>\ufb02ows, <span class=\"_ _2\"></span>and <span class=\"_ _2\"></span>the <span class=\"_ _2\"></span>additio<span class=\"_ _2\"></span>nal <span class=\"_ _2\"></span>disclosure<span class=\"_ _0\"></span> </span><span style=\"display:inherit;clear:left;\">required <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>MPMs. <span class=\"_ _1\"></span>Th<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>Group <span class=\"_ _1\"></span>is also <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>essing <span class=\"_ _1\"></span>t<span class=\"_ _2\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _2\"></span>t <span class=\"_ _0\"></span>of <span class=\"_ _1\"></span>how information <span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>grouped in <span class=\"_ _1\"></span>the financial <span class=\"_ _0\"></span>statements, </span><span style=\"display:inherit;clear:left;\">including for items currently labelled<span class=\"_ _2\"></span> as <span class=\"ff11\">other<span class=\"_ _0\"></span>. <span class=\"ff4\"> </span></span></span><span style=\"display:inherit;clear:left;\">Other accounting standa<span class=\"_ _2\"></span>rds </span><span style=\"display:inherit;clear:left;\">The following new and<span class=\"_ _0\"></span> amended accounting standards ar<span class=\"_ _1\"></span>e not<span class=\"_ _2\"></span> e<span class=\"_ _0\"></span>xpected to have <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ignificant impact on the Grou<span class=\"_ _0\"></span>p\u00b4s </span><span style=\"display:inherit;clear:left;\">consolidated financ<span class=\"_ _2\"></span>ial stat<span class=\"_ _0\"></span>ements: </span><span style=\"display:inherit;clear:left;\">Classification and Measurement of Financial Instrument<span class=\"_ _2\"></span>s (Amendments to <span class=\"_ _2\"></span>IFRS 9 and IF<span class=\"_ _2\"></span>RS 7) </span><span style=\"display:inherit;clear:left;\">Contracts Refer<span class=\"_ _0\"></span>encing Nature-<span class=\"_ _2\"></span>dependent Electricit<span class=\"_ _2\"></span>y (Amend<span class=\"_ _2\"></span>ments to IFRS 9 and IFRS <span class=\"_ _2\"></span>7)</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "en",
    "entity": "scheme:213800QFQIHO7KG2P786",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  }
 }
}